Welcome to our dedicated page for DISTRIBUTION SOLUTIONS GROUP news (Ticker: DSGR), a resource for investors and traders seeking the latest updates and insights on DISTRIBUTION SOLUTIONS GROUP stock.
Distribution Solutions Group Inc (DSGR) delivers essential industrial supplies and precision test equipment through its Lawson, TestEquity, and Gexpro Services divisions. This news hub provides investors and professionals with direct access to official corporate updates impacting aerospace, defense, technology, and related sectors.
Key resources include: Earnings releases detailing financial performance across operating segments, strategic partnership announcements with equipment manufacturers, and operational updates affecting supply chain management. Track developments in maintenance solutions, test equipment innovation, and industrial distribution trends.
All content is sourced from verified corporate communications and regulatory filings. Bookmark this page for streamlined access to DSGR's latest progress in supporting manufacturing efficiency through technical expertise and customer-focused distribution networks.
Distribution Solutions Group, Inc. (NASDAQ: DSGR) announced their participation in two upcoming conferences, the 18th Annual Barrington Research Virtual Spring Investment Conference on May 16, 2024, and the KeyBanc Capital Markets Industrials & Basic Materials Conference on May 30, 2024.
The company aims to provide high-touch, value-added distribution solutions to various markets, serving around 180,000 customers globally with a workforce of 3,700 employees. DSG ships products from distribution centers worldwide to increase productivity and efficiency for their customers.
Distribution Solutions Group, Inc. (NASDAQ:DSGR) reported a 19.5% increase in first-quarter revenue to $416 million, driven by acquisitions. The company's organic sales were soft, but two-year stacked organic revenues grew by 4.7%. Adjusted EBITDA margin improved to 8.7%, and the company remains focused on inorganic growth through acquisitions.
Distribution Solutions Group, Inc. (NASDAQ:DSGR) announced the acquisition of S&S Automotive, enhancing Lawson Products' position in the automotive repair parts market. The acquisition combines the strengths of both companies to offer a wider range of auto-related supplies and services to dealerships and collision repair centers. With annual revenues of approximately $40 million, S&S Automotive is expected to be accretive to DSG's adjusted EPS and EBITDA margins. The acquisition reflects DSG's strategic vision of becoming a leading multi-platform specialty distribution company dedicated to serving diverse end markets.
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