Loading...
•
Mar 31, 2020
DSG Q1 2020 Earnings Report
Lawson Products' first quarter 2020 results were announced.
Key Takeaways
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.
Sales of $91.0 million decreased 0.3% year-over-year.
Average Daily Sales (ADS) decreased 1.9% to $1.422 million compared to $1.450 million in 2019.
Reported operating income was $18.6 million compared to $5.5 million in the first quarter of 2019.
Reported net income was $12.5 million, or $1.34 per diluted share compared to $0.44 in first quarter of 2019.
DSG
DSG
DSG Revenue by Segment
Revenue by Segment
Lawson Products Revenue
CapyFin.comGexpro Services Revenue
CapyFin.com Forward Guidance
Looking ahead, the company will take all necessary actions to ensure safety for employees, customers, and suppliers while maintaining its strong financial position.
Revenue & Expenses
Visualization of income flow from segment revenue to net income