DSG Earnings Reports

Distribution Solutions Group achieved revenue growth of 18.6% YoY in Q4 2024, reaching $480.5 million. Operating income improved to $20.1 million compared to a loss of $0.3 million in Q4 2023. Adjusted EBITDA grew 32.5% to $44.9 million. The company generated $45.7 million in operating cash flow, supporting continued investments and acquisitions.

Distribution Solutions Group reported a 6.6% increase in revenue to $468 million, driven by acquisitions, despite a 2.1% organic revenue compression. Adjusted EBITDA grew by 12.4% to $49.1 million, representing 10.5% of sales. The company completed the acquisition of Source Atlantic and announced acquisitions of ConRes Test Equipment and Tech-Component Resources (TCR).

Distribution Solutions Group (DSG) reported a 16.3% increase in revenue compared to the previous year, with double-digit EBITDA margins of 10.3%. Revenue and EBITDA improved sequentially due to acquisitions and better performance in existing businesses. The company generated $45.2 million of adjusted EBITDA, a 25% sequential improvement over the first quarter.

Distribution Solutions Group reported a 19.5% increase in revenue to $416 million for the first quarter of 2024, driven by acquisitions. The adjusted EBITDA margin improved to 8.7% compared to 8.4% in the previous quarter. The Lawson MRO vertical had strong performance, Gexpro Services OEM vertical returned to double-digit margins, and TestEquity industrial technology vertical margins stabilized.

Distribution Solutions Group reported a 23% increase in revenue to $405.2 million, driven by acquisitions, although organic revenue contracted by 6%. The company faced headwinds in the technology end-market and project-related verticals, impacting overall performance. Adjusted EBITDA remained nearly flat at $33.9 million compared to the prior year quarter.

Distribution Solutions Group (DSG) announced its Q3 2023 results, with total revenue increasing by 26.4% to $438.9 million, including $106.3 million from recent acquisitions. Adjusted EBITDA grew by 26% to $43.7 million. The company generated $47 million in cash flows from operations and ended the quarter with $80.5 million in unrestricted cash. Diluted loss per share was $0.03, while non-GAAP adjusted diluted earnings per share was $0.17.

Distribution Solutions Group reported a strong second quarter with a 17.6% increase in revenue, a significant rise in GAAP operating income, and a substantial increase in adjusted EBITDA. The acquisition of Hisco was completed during the quarter, contributing to the TestEquity segment. The company is focused on growth segments and managing the demand environment.

Distribution Solutions Group reported strong first-quarter results with a 28% increase in adjusted revenue, fueled by 13.7% organic growth, and adjusted EBITDA expansion to $39.4 million, representing 11.3% of revenue.

Distribution Solutions Group reported a strong fourth quarter with revenue growth driven by organic sales and acquisitions. Adjusted EBITDA increased significantly, and the company saw margin expansion. The company is focused on driving returns on cash flow through organic growth, strategic acquisitions, and operational efficiencies.

Distribution Solutions Group reported strong Q3 2022 results, with net sales of $347.2 million, including 15.4% organic growth. Adjusted EBITDA increased by $13.5 million year-over-year to $34.7 million, representing 10.0% of adjusted net sales. Earnings per diluted share was $0.84, and non-GAAP diluted earnings per share was $0.64.

Distributions Solutions Group reported net sales of $321.3 million, a 139.5% increase, including 11.8% organic growth. Adjusted EBITDA increased to $31.7 million, representing 9.9% of sales. The company successfully completed two accretive acquisitions with aggregate annual revenues of approximately $119 million.

Lawson Products reported a 13.8% increase in sales compared to the prior year quarter, driven by growth in the integrated Lawson/Partsmaster business and The Bolt Supply House. The company is taking actions to mitigate inflationary pressures and investing in sales representatives to improve productivity.

Lawson Products reported a 4.0% increase in net sales for the fourth quarter and an 18.8% increase for the full year. The company faced challenges from supply chain disruptions, product cost increases, and labor shortages, but average daily sales grew by 5.7%. Adjusted EBITDA was $8.4 million, or 8.3% of sales, compared to $9.0 million, or 9.1% of sales, in the prior year quarter.

Lawson Products reported a 16.9% increase in sales to $105.6 million compared to the prior year quarter. Operating income increased to $4.6 million, and net income was $3.7 million, or $0.39 per diluted share. The company faced global supply chain issues, labor shortages, and inflation, but took actions to improve product sourcing, pricing, and labor allocation to protect margins.

Lawson Products reported a strong second quarter with sales reaching $107 million, driven by recovery in customer end markets, the Partsmaster acquisition, and operational investments. The company also successfully transitioned Partsmaster sales representatives to the Lawson platform.

Lawson Products reported a strong first quarter with sales reaching $103.6 million, a 13.8% increase compared to the same quarter last year. The company made significant progress in integrating Partsmaster and is positioned for continued growth in 2021.

Lawson Products reported a decrease in net sales by 4.7% compared to the same quarter last year, but a 25.1% increase compared to the second quarter of 2020. The adjusted EBITDA margin improved to 10.4% from 8.7% in the second quarter. The company completed the acquisition of Partsmaster and is focused on rebuilding organic growth and improving operational efficiency.

Lawson Products reported a decrease in net sales by 24.9% year-over-year due to the COVID-19 pandemic. However, the company maintained a steady gross margin of 53.1% and achieved net cash generated from operations of $14.7 million. The company ended the quarter with $8.3 million in a positive cash position, net of debt.

Lawson Products reported a slight decrease in revenue compared to the previous year, with sales being affected by the COVID-19 pandemic in the second half of March. However, adjusted operating income improved, and the company is focused on maintaining its financial strength.

Lawson Products reported a 2.7% increase in net sales for Q4 2019, reaching $88.6 million, and a 75.8% increase in adjusted operating income. The company's financial results were negatively impacted by $10.2 million of stock-based compensation expense. For the full year, sales increased 6.0% and adjusted EBITDA finished at $34.5 million representing an increase of 37%.