Date | Price Target | Rating | Analyst |
---|---|---|---|
10/17/2023 | $38.00 | Overweight | Stephens |
Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier, multi-platform specialty distribution company, today announced that management is participating in one-on-one investor meetings and presenting at the following conferences. 15th Annual Midwest IDEAS Conference in Chicago on August 28, 2024, with one-on-one investor meetings and a 2:45 p.m. CT presentation time. Jefferies Industrial Conference in New York City on September 5, 2024, with one-on-one investor meetings and a 7:30 a.m. ET presentation time. The presentations will be webcast and can be accessed through the investor relations section of the Company's website: https://investor.distribution
Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced the closing on its previously announced agreement to acquire Source Atlantic Limited ("Source Atlantic") which was funded by the Company's senior secured credit facility. Additionally, on August 14, 2024, the Company entered into an amendment to its Amended and Restated Credit Agreement, dated April 1, 2022, increasing the borrowing capacity thereunder from $805 million to $1.06 billion, of which $255 million is structured as a revolving credit facility and $805 million is structured as a senior secured loan. Additional information on the terms of the amen
Quarterly Revenue Up 16.3%, Sequential Margin Growth and Strong Cash Flow Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the second quarter ended June 30, 2024. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events. The following represents a summary of certain operating results (unaudited). See the reconciliations of GAAP to non-GAAP measures in Tables 2, 3 and 4. Three Months Ended June 30, March 31, (Dollars in thousands) 2024 2023
Strategically Expanding Products and Services in the Canadian Market Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, under its affiliate Lawson Products Canada, Inc. ("Lawson Canada"), signed an agreement to acquire Source Atlantic Limited ("Source Atlantic"). The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions. Source Atlantic, headquartered in Saint John, New Brunswick, Canada, is an industry-leading wholesale distributor of industrial MRO supplies, safety products, fasteners, an
Bolsters its Position in the Automotive Repair Parts Market Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, Inc. ("Lawson"), completed the acquisition of S&S Automotive, Inc. ("S&S"), a leading automotive and industrial parts supplier based near Chicago in Woodridge, IL. Lawson Products has an automotive-focused division, Kent Automotive, which distributes automotive and industrial class C-parts to auto dealerships and collision repair centers throughout North America. "Similar to Lawson's Kent Automotive business, S&S Automotive is an industry-leading distri
Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, completed the acquisition of Safety Supply Illinois LLC, DBA Emergent Safety Supply (ESS), a national distributor of safety products based near Chicago in Batavia, IL. "We are excited to announce the acquisition of ESS," said Cesar Lanuza, President & Chief Executive Officer of Lawson Products. "ESS is a leader in the safety products and services market, and this acquisition accelerates Lawson's safety product expansion plans to better serve customers in all of our end markets. ESS expands Lawson's safety product
SC 13D/A - Distribution Solutions Group, Inc. (0000703604) (Subject)
SC 13D/A - Distribution Solutions Group, Inc. (0000703604) (Subject)
SC 13D/A - Distribution Solutions Group, Inc. (0000703604) (Subject)
8-K - Distribution Solutions Group, Inc. (0000703604) (Filer)
10-Q - Distribution Solutions Group, Inc. (0000703604) (Filer)
8-K - Distribution Solutions Group, Inc. (0000703604) (Filer)
4 - Distribution Solutions Group, Inc. (0000703604) (Issuer)
4 - Distribution Solutions Group, Inc. (0000703604) (Issuer)
4 - Distribution Solutions Group, Inc. (0000703604) (Issuer)
Stephens initiated coverage of Distribution Solutions Group with a rating of Overweight and set a new price target of $38.00
4 - Distribution Solutions Group, Inc. (0000703604) (Issuer)
Source Atlantic, headquartered in Saint John, New Brunswick, Canada, is an industry-leading wholesale distributor of industrial MRO supplies, safety products, fasteners, and related value-add services for the Canadian MRO market. For the most recent fiscal year, Source Atlantic generated sales of approximately CAD$250 million. The transaction will be funded through a combination of DSG's existing cash and availability under its credit facility and is expected to be immediately accretive to DSG's adjusted earnings per share. The acquisition is not expected to be material for financial reporting purposes to DSG's results. The transaction is expected to close in the third quarter of 2024, sub
During the last three months, 4 analysts shared their evaluations of Distribution Solns Gr (NASDAQ:DSGR), revealing diverse outlooks from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 2 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $39.5, a high estimate of $42.00, and a low estimate of $36.00. This current average has increased by 7.72% from the prev
Barrington Research analyst Kevin Steinke maintains Distribution Solns Gr (NASDAQ:DSGR) with a Outperform and maintains $40 price target.
Quarterly Revenue Up 16.3%, Sequential Margin Growth and Strong Cash Flow Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the second quarter ended June 30, 2024. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events. The following represents a summary of certain operating results (unaudited). See the reconciliations of GAAP to non-GAAP measures in Tables 2, 3 and 4. Three Months Ended June 30, March 31, (Dollars in thousands) 2024 2023
Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier, multi-platform distribution company today announced that it will report results for the second quarter on Thursday, August 1, 2024, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company's investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgroup.com/news/events. By Phone: At least 10 minutes before the call starts, please dial toll-free in the U.S. 1-888-506-0062 (internationally dial 1-973-528-0011), then use the participant access code 258432. A replay will be a
First Quarter Revenue Up 19.5% to $416 Million, with Sequential Margin Expansion Announced Acquisition of S&S Automotive in Collision Repair Industry Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the first quarter ended March 31, 2024. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events. Bryan King, CEO and Chairman of the Board said, "Our first quarter results were in line with near-term expectations. The Lawson MRO vertical had strong performance while continuing to make investments in its sales orga