Distribution Solutions Group Announces 2024 First Quarter Results
Distribution Solutions Group, Inc. (DSGR)
Company Research
Source: Business Wire
First Quarter Revenue Up 19.5% to $416 Million, with Sequential Margin ExpansionAnnounced Acquisition of S&S Automotive in Collision Repair Industry 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 first quarter ended March 31, 2024. 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, "Our first quarter results were in line with near-term expectations. The Lawson MRO vertical had strong performance while continuing to make investments in its sales organization, the Gexpro Services OEM vertical returned to double-digit margins as expected this quarter, and the TestEquity industrial technology vertical margins stabilized despite continuing headwinds in the Test & Measurement end market on continued high interest rates
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DSGR
News
- Lawson Products Inc. and Green Boom Join Forces for a Sustainable Future [Yahoo! Finance]Yahoo! Finance
- Distribution Solutions Group, Inc. (NASDAQ: DSGR) had its price target raised by analysts at Barrington Research from $36.00 to $40.00. They now have an "outperform" rating on the stock.MarketBeat
- Distribution Solutions Group, Inc. (NASDAQ: DSGR) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $42.00 price target on the stock.MarketBeat
- Distribution Solutions Group, Inc. (NASDAQ:DSGR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Distribution Solutions Group to Participate in Two Conferences: Barrington Research Virtual Spring Investment Conference; KeyBanc Capital Markets Industrials & Basic Materials ConferenceBusiness Wire
DSGR
Earnings
- 5/2/24 - Miss
DSGR
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/29/24 - Form DEFA14A
- DSGR's page on the SEC website