DSG Q4 2021 Earnings Report
Key Takeaways
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.
Net sales increased by 4.0% in the fourth quarter compared to the prior year.
Average daily net sales improved by 5.7% to $1.701 million.
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.
The company reported a net loss of $0.8 million for the quarter.
DSG
DSG
Forward Guidance
Lawson Products is optimistic about achieving solid organic growth, increasing margins, and making acquisitions in 2022.
Positive Outlook
- Achieve solid organic growth
- Increase margins
- Make acquisitions to build on strengths