财务数据 - Q1 2024营收为4.16亿美元，调整后的EBITDA为3,600万美元[6] - 调整后的EBITDA为3,610万美元，占销售额的8.7%[7] - 每股稀释亏损为0.11美元，非GAAP调整后的稀释每股收益为0.25美元[8] - 公司杠杆率降至3.0倍，季末现金为8600万美元，可用于透支的信贷额度约1.98亿美元[9] 收购情况 - 完成了对Emergent Safety Supply ("ESS")和S&S Automotive Inc.的收购，年收入分别约为1,300万美元和4,000万美元[10] 业绩表现 - Lawson Products的Q1营收同比下降710万美元，调整后的EBITDA为1,340万美元，占收入的11.4%[16] - Gexpro Services的Q1营收同比下降2.3%，调整后的EBITDA为1,080万美元，占收入的11.0%[19] - TestEquity的Q1营收同比增长74.3%，主要受Hisco收购推动，有机营收同比下降15.9%[22] 财务调整 - 调整后营收和EBITDA的调整主要包括报告的GAAP结果和Q1 2023-Q1 2024期间任何时候收购的其他企业的预收购结果[27] - 调整后营收和EBITDA的调整是基于调整后（非GAAP）和持续运营基础上呈现的[27] - 调整后营收和EBITDA的调整包括对其他企业在其收购日期之前的额外收入和运营收入的调整[29] 净收入情况 - 调整后净收入为1.17亿美元，调整后每股收益为0.25美元，较Q1 2023有所下降[31] - 非GAAP调整后净收入和非GAAP调整后每股收益是基于调整后（非GAAP）和持续运营基础上呈现的[31] - 非GAAP调整后净收入和非GAAP调整后每股收益的调整包括股权补偿、收购相关成本、无形资产摊销等[31]

Distribution Solutions Group (DSGR) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -13.79%. A quarter ago, it was expected that this industrial products and tools maker would post earnings of $0.14 per share when it actually produced earnings of $0.22, delivering a surprise of 57.14 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file Number: 0-10546 DISTRIBUTION SOLUTIONS GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 36-2229304 (State or oth ...

Distribution Solutions Group Announces 2024 First Quarter Results First Quarter Revenue Up 19.5% to $416 Million, with Sequential Margin Expansion Announced Acquisition of S&S Automotive in Collision Repair Industry FORT WORTH, TEXAS, May 2, 2024 - Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the first quarter ended March 31, 2024. This press release is supplemented by an earnings presentation at ...

Distribution Solutions Group, Inc. (DSGR) will report first-quarter 2024 results on May 2, before the bell. The company’s earnings surprise history has been decent. Earnings beat the Zacks Consensus Estimate in two of the four trailing quarters and missed twice, the average surprise being 13.3%. Q1 Expectations The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $430.6 million, indicating year-over-year growth of 23.6%. We expect recent acquisitions to have made significant ...

Of course, investors hate to see large pullbacks in the market even if corrections can be healthy for the long term. Amid the call for the market to correct itself, some of the strongest-performing stocks can cool and then continue their extended rallies. Given the strong performance of the Zacks Business Services sector over the last year this could be the case for Distribution Solutions Group (DSGR) and TriNet (TNET) which have been two of the top performers. Performance Overview Distribution Solutions Gr ...

iantfoto/E+ via Getty Images Introduction Distribution Solutions Group (NASDAQ:DSGR) has quickly come up on the radar of more investors, and rightfully so. Run by CEO Bryan King, who has a lengthy investment management background, via a number of acquisitions in addition to their Lawson merger in 2022, the team has added a good amount of value to the business via M&A since their merger. Adjusted for the stock split, the stock is up ~75% on a 1-year basis and is now beginning to trade at a level more appropr ...

Distribution Solutions Group (DSGR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and followin ...

财务数据和关键指标变化 - 2023年全年销售额达16亿美元,同比增长超过36%,其中剔除收购影响的有机销售增长近24% [8][30] - 2023年调整后EBITDA达1.57亿美元,同比增长近28%,EBITDA利润率为10% [10][32] - 2023年经营活动产生的现金流达1.02亿美元,现金流转换率超过100% [55] 各条业务线数据和关键指标变化 - Lawson业务全年销售额为4.69亿美元,同比增长9.1%,调整后EBITDA达6370万美元 [38][40] - Gexpro Services全年销售额为4.06亿美元,同比增长5.3%,调整后EBITDA为4520万美元 [42][44] - TestEquity集团全年销售额为6.42亿美元,同比增长63.6%,调整后EBITDA为4330万美元 [46][48] 各个市场数据和关键指标变化 - 技术和可再生能源市场在第四季度出现下滑,导致公司第四季度有机销售下降6.4% [31] - 半导体市场2023年销售下降约10%,对Gexpro Services业务造成8.4百万美元的EBITDA拖累 [98][99] 公司战略和发展方向及行业竞争 - 公司通过收购Hisco等交易,扩大了TestEquity集团的北美业务规模,并带来了更多协同机会 [13][15] - 公司正在整合Hisco与TestEquity的业务,预计到2024年下半年能够实现显著的利润改善 [25] - 公司正在加强Lawson销售团队的生产力,2023年取得了15%的销售人员生产力提升 [39] - 公司正在加强Gexpro Services的跨业务线协同销售,取得了一些成功案例 [20][21] 管理层对经营环境和未来前景的评论 - 公司认为2024年上半年的有机销售增长可能仍然承压,但下半年有望恢复增长 [56][57] - 公司有信心通过成本优化和业务协同,在2024年下半年将TestEquity集团的利润率提升至两位数 [52] - 公司对可再生能源等领域的长期前景保持乐观,订单情况正在好转 [98][99] 问答环节重要的提问和回答 问题1 **分析师提问** 询问公司2024年第一季度的销售和利润情况 [129][130] **管理层回答** 公司预计2024年第一季度的销售和利润情况与第四季度相似,但有信心在下半年实现改善 [131][132][133] 问题2 **分析师提问** 询问Lawson业务的价格和成本变化情况 [139][140] **管理层回答** 2023年上半年Lawson享受了2022年实施的价格上涨,下半年价格上涨有限,主要靠提高销售人员生产力来提升利润 [139][140][141][142] 问题3 **分析师提问** 询问公司的收购整合计划和对TestEquity利润率的影响 [154][155][158][159] **管理层回答** 公司预计通过Hisco的整合以及其他成本优化措施,可以在未来2-3年内将TestEquity的利润率提升至12%左右 [159][160][161][162][163][164][165][166][167]

NASDAQ: DSGR 2023 Financial Results Safe Harbor Statement Cautionary Note Regarding Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risks and uncertainties. Terms such as “aim,” “anticipate,” “believe,” “contemplates,” “continues,” “could,” “ensure,” “estimate,” “expect,” “forecasts,” “if,” “intend,” “likely,” ...