•
Mar 31, 2021

DXP Q1 2021 Earnings Report

DXP Enterprises authorized a stock repurchase program.

Key Takeaways

DXP Enterprises announced that its Board of Directors authorized a stock repurchase program under which up to $85.0 million or 1.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months.

Board authorized stock repurchase program.

Up to $85.0 million or 1.5 million shares may be acquired.

Shares may be purchased in the open market.

Purchases would be funded from available working capital.

Total Revenue
$246M
Previous year: $301M
-18.4%
EPS
$0.08
Previous year: $0.31
-74.2%
Gross Profit
$71.6M
Previous year: $84M
-14.7%
Cash and Equivalents
$47.6M
Previous year: $32.9M
+44.7%
Free Cash Flow
$7.9M
Previous year: -$4.85M
-262.9%
Total Assets
$882M
Previous year: $792M
+11.4%

DXP

DXP

Forward Guidance

The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking.