DXP Q4 2019 Earnings Report
Key Takeaways
DXP Enterprises announced fourth-quarter results with sales decreasing by 5.0% to $295.5 million and earnings per diluted share at $0.12. Despite a challenging market environment, the company focused on strategic investments and market share growth, generating $26 million in free cash flow. The company closed two acquisitions and focused on margin expansion, strong returns on capital, and free cash flow generation.
Sales decreased 5.0% to $295.5 million compared to Q4 2018.
Earnings per diluted share were $0.12, down from $0.60 in Q4 2018.
Service Centers' revenue decreased by 5.7% to $182.4 million.
Free cash flow generation was $26 million during the quarter.
DXP
DXP
DXP Revenue by Segment
Forward Guidance
Fiscal 2020 will be a year where we cannot take anything for granted but focus on executing our strategy and business plan.
Revenue & Expenses
Visualization of income flow from segment revenue to net income