4 - Distribution Solutions Group, Inc. (0000703604) (Issuer)

Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced the closing of two previously announced acquisitions. The Company acquired Tech-Component Resources (TCR) under DSG's Gexpro Services segment, which closed on October 30, 2024, and ConRes Test Equipment under DSG's TestEquity segment, which closed on November 18, 2024. These transactions were funded through the Company's existing cash and availability under its credit agreement. For more information on these acquisitions, please reference the TCR announcement dated September 24, 2024 and the ConRes Test Equipment announcement dated October 3, 2024. About D

Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that Brett Scarbrough, DSG's Vice President of Strategy & Investor Relations, will participate in one-on-one investor meetings and present at the 16th Annual Southwest IDEAS Conference in Dallas on November 21, 2024. The presentation will be from 2:00 p.m. to 2:35 p.m. CT and will be webcast. It can be accessed through the investor relations section of the Company's website: https://investor.distributionsolutionsgroup.com/news/events. About Distribution Solutions Group, Inc. Distribution Solutions Group ("DSG") is a premier multi-platform specialty distr

Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that management is participating in one-on-one investor meetings and presenting at the following conferences. Baird 2024 Global Industrial Conference in Chicago on November 13, 2024, with one-on-one investor meetings and a 12:00 p.m. CT presentation time. Stephens Annual Investment Conference (NASH2024) in Nashville on November 20, 2024, with one-on-one investor meetings and a 10:00 a.m. CT fireside chat time. The presentations will be webcast and can be accessed through the investor relations section of the Company's website: https://investor.distributi

Sales and Profitability Growth with Value-Creating Strategic Initiatives Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the third quarter ended September 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   September 30,   June 30, (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 third quarter on Thursday, October 31, 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 962760. A replay will be available t

Product Line and Geographic Expansion Through Carve-out Transaction Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company TestEquity signed an agreement to acquire ConRes Test Equipment, ("ConRes TE"), a division of Continental Resources, Inc. ("ConRes"), in a carve-out transaction of this leading test and measurement equipment provider based near Boston in Bedford, Massachusetts. "We are thrilled to add a premier suite of products and services along with a talented employee base from ConRes TE," said Russ Frazee, President & Chief Executive Officer of TestEquity. "This acquisition is

Expanding into Southeast Asia to Grow and Support OEM Customers' Wallet Share Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company Gexpro Services signed an agreement to acquire Tech-Component Resources Pte Ltd ("TCR"), a small and growing Southeast Asian distributor of fasteners, mechanical components, and other industrial products serving OEM customers and related applications. TCR is headquartered in Singapore, and its second location is in Malaysia. "We are excited to partner with TCR to establish a beachhead operation for Gexpro Services in Southeast Asia," said Robert Connors,

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

Stephens initiated coverage of Distribution Solutions Group with a rating of Overweight and set a new price target of $38.00

Sales and Profitability Growth with Value-Creating Strategic Initiatives Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the third quarter ended September 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   September 30,   June 30, (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 third quarter on Thursday, October 31, 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 962760. A replay will be available t

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

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 first quarter on Thursday, May 2, 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 143899. A replay will be available thr

2023 Revenue Grew to $1.6 Billion, Generating $102 Million of Operating Cash Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the 2023 full year and fourth quarter ended December 31, 2023. 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, "By most any standard, 2023 was a very successful year for Distribution Solutions Group. The Company's profitability grew significantly while also generating over $102 million of cash from operations. We expanded topline r

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 fiscal year 2023 and fourth quarter on Thursday, March 7, 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 138589. A repla

Strong Cash Flows as Growth Continues Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the third quarter ended September 30, 2023. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events. Third Quarter 2023 Summary (1) Total revenue increased $91.8 million, or 26.4%, to $438.9 million which included $106.3 million of revenue from 2022 and 2023 acquisitions. Consolidated organic revenue declined 4.2% for the quarter, primarily driven by softness in the Industrial Technologies (TestEquity) vertical. Operati

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 third quarter 2023 on Thursday, November 2, 2023, 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 start time, please dial toll-free in the U.S. 1-888-506-0062 (internationally dial 1-973-528-0011), then use the participant access code 881987. A replay will be

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)

SC 13G/A - Distribution Solutions Group, Inc. (0000703604) (Subject)

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.

Stephens & Co. analyst Tommy Moll reiterates Distribution Solns Gr (NASDAQ:DSGR) with a Overweight and maintains $42 price target.

Distribution Solns Gr (NASDAQ:DSGR) reported quarterly earnings of $0.25 per share which missed the analyst consensus estimate of $0.28 by 10.71 percent. The company reported quarterly sales of $416.086 million which missed the analyst consensus estimate of $417.933 million by 0.44 percent. This is a 19.47 percent increase over sales of $348.270 million the same period last year.

Barrington Research analyst Kevin Steinke maintains Distribution Solns Gr (NASDAQ:DSGR) with a Outperform and raises the price target from $34 to $36.

Distribution Solns Gr (NASDAQ:DSGR) reported quarterly adjusted earnings of $0.22 per share which beat the analyst consensus estimate of $0.14 by 57.14 percent. This is a 69.23 percent increase over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $405.24 million which missed the analyst consensus estimate of $419.00 million by 3.28 percent. This is a 23.23 percent increase over sales of $328.85 million the same period last year.

Companies Reporting Before The Bell • CI&T (NYSE:CINT) is estimated to report quarterly earnings at $0.06 per share on revenue of $106.08 million. • Stevanato Gr (NYSE:STVN) is likely to report quarterly earnings at $0.21 per share on revenue of $354.31 million. • ABM Indus (NYSE:ABM) is projected to report quarterly earnings at $0.71 per share on revenue of $2.01 billion. • Bilibili (NASDAQ:BILI) is likely to report quarterly loss at $0.22 per share on revenue of $887.26 million. • BJ's Wholesale Club (NYSE:BJ) is projected to report quarterly earnings at $1.06 per share on revenue of $5.39 billion. • Burlington Stores (NYSE:BURL) is estimated to report quarterly earnings at $3.30 per

ESS generates annual sales of approximately $13 million and is expected to be accretive to DSG's adjusted EBITDA margins. The acquisition is being funded through DSG's cash from operations.