Loading...
•
Dec 31, 2019
DSG Q4 2019 Earnings Report
Delivered improved financial results with sales growth and increased adjusted operating income.
Key Takeaways
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%.
Ended the year with over 1,000 Lawson segment sales reps and realized continued sales rep productivity.
Non-GAAP adjusted operating income increased 75.8% to $5.8 million.
Adjusted EBITDA improved to 8.3% for the fourth quarter 2019 from 5.9% in the year ago quarter.
Adjusted diluted earnings per share improved 118% to $0.48.
Forward Guidance
Lawson Products enters fiscal 2020 well-positioned to take advantage of opportunities built through initiatives focused on sales rep productivity, adding to the sales team, and making compatible, accretive acquisitions.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...