Distribution Solutions Group Announces 2023 Full Year and Fourth Quarter Results
Distribution Solutions Group, Inc. (DSGR)
Company Research
Source: Business Wire
2023 Revenue Grew to $1.6 Billion, Generating $102 Million of Operating Cash FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the 2023 full year and fourth quarter ended December 31, 2023. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events.Bryan King, CEO and Chairman of the Board said, “By most any standard, 2023 was a very successful year for Distribution Solutions Group. The Company's profitability grew significantly while also generating over $102 million of cash from operations. We expanded topline revenue to $1.6 billion, up more than 36%. Comparable sales, including Lawson for all periods, increased almost 24% for the full year despite a choppy sales environment in a few end markets, resulting in 3% organic growth. On a two-year stacked basis, organic revenue
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DSGR
Earnings
- 3/7/24 - Miss
DSGR
Analyst Actions
- 3/13/24 - Barrington Research
DSGR
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/10/24 - Form DEF
- 4/3/24 - Form 4
- DSGR's page on the SEC website