Associated tags: MRO, DSG, OEM, Manufacturing, Transport, Construction & Property, Other Construction & Property, Packaging, Automotive Manufacturing, Trucking, Other Manufacturing, Supply Chain Management, Logistics
Locations: FORT WORTH, HYATT, UNITED STATES, NORTH AMERICA, MASSACHUSETTS, ILLINOIS, TEXAS, CHICAGO, IL
Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the following conferences, which include one-on-one meetings:
Key Points:
- Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the following conferences, which include one-on-one meetings:
18th Annual Barrington Research Virtual Spring Investment Conference on Thursday, May 16, 2024
KeyBanc Capital Markets Industrials & Basic Materials Conference in Boston on Thursday, May 30, 2024
Presentations will be webcast and can be accessed through the investor relations section of the company’s website: https://investor.distributionsolutionsgroup.com/news/events .
Other Transport,
Other Manufacturing,
Trucking,
Construction & Property,
Packaging,
Transport,
Automotive Manufacturing,
Manufacturing,
Other Construction & Property,
S&S,
VMI,
Acquisition,
EPS,
DSG,
The Company,
Car dealership 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.
Key Points:
- 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 distributor in the automotive dealership market,” said Cesar Lanuza, President & Chief Executive Officer of Lawson Products.
- “We’re very excited to announce this acquisition that leverages the best of both companies.
Construction & Property,
Other Manufacturing,
Packaging,
Trucking,
Automotive Manufacturing,
Other Construction & Property,
Transport,
Manufacturing,
Acquisition,
Depreciation,
Telephone,
GAAP,
Safety "We are actively working our pipeline of acquisition targets, incremental margin enhancement initiatives, and cost savings -- and expect sequential margin improvements as 2024 develops. Our asset-light business model, combined with our focus on growing operating cash flows and accelerating returns on invested capital, positions us well to maximize long-term shareholder value," concluded Mr. King.
Key Points:
- Two-year stacked organic revenue grew by 4.7% despite organic revenue softness in the current quarter being down 8.6% on comparable days.
- Adjusted operating income, excluding these non-cash and non-recurring items, was $29.8 million compared to $32.8 million in the year-ago quarter and $28.0 million in the fourth quarter of 2023.
- Distribution Solutions Group, Inc. will conduct a conference call with investors to discuss 2024 first quarter results at 9:00 a.m. Eastern Time on May 2, 2024.
- A streaming audio of the call and an archived replay will also be available on the investor relations page of Distribution Solutions Group's website.
Other Transport,
Other Manufacturing,
Trucking,
Construction & Property,
Packaging,
Transport,
Automotive Manufacturing,
Manufacturing,
Other Construction & Property,
Software,
Webcast 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.
Key Points:
- 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.
- A replay will be available through May 16, 2024, by dialing 1-877-481-4010 (internationally dial 1-919-882-2331), using the replay passcode 50335.
- Connect to the webcast via the Events page of Distribution Solutions Group’s Investor Relations website at https://investor.distributionsolutionsgroup.com/news/events .
Construction & Property,
Other Manufacturing,
Packaging,
Trucking,
Automotive Manufacturing,
Other Construction & Property,
Transport,
Manufacturing,
Acquisition,
Operating cost,
Telephone,
Share repurchase,
GAAP,
Depreciation,
Bank Adjusted operating income, excluding these non-cash and non-recurring items, grew 27.0% to $93.4 million compared to $73.6 million in 2022.
Key Points:
- Adjusted operating income, excluding these non-cash and non-recurring items, grew 27.0% to $93.4 million compared to $73.6 million in 2022.
- Two-year stacked organic revenue in the fourth quarter for 2023 and 2022 increased 10% despite organic revenue softness in the 2023 fourth quarter being down 6.4%.
- Distribution Solutions Group, Inc. will conduct a conference call with investors to discuss 2023 fiscal year and fourth quarter results at 9:00 a.m. Eastern Time on March 7, 2024.
- A streaming audio of the call and an archived replay will also be available on the investor relations page of Distribution Solutions Group’s website.
Retrieved on:
Thursday, February 15, 2024
Other Manufacturing,
Trucking,
Construction & Property,
Packaging,
Transport,
Automotive Manufacturing,
Manufacturing,
Machinery,
Other Construction & Property,
Webcast,
Software 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.
Key Points:
- 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.
- A replay will be available through March 21, 2024, by dialing 1-877-481-4010 (internationally dial 1-919-882-2331), using the replay passcode 49593.
- Connect to the webcast via the Events page of Distribution Solutions Group’s Investor Relations website at https://investor.distributionsolutionsgroup.com/news/events .
Retrieved on:
Wednesday, February 7, 2024
Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the Gabelli Funds 34th Annual Pump, Valve, & Water Symposium on Thursday, February 22, 2024 at 10 am ET at The Yale Club, 50 Vanderbilt Avenue, New York, NY.
Key Points:
- Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the Gabelli Funds 34th Annual Pump, Valve, & Water Symposium on Thursday, February 22, 2024 at 10 am ET at The Yale Club, 50 Vanderbilt Avenue, New York, NY.
- For more information, please reference this registration link: https://www.gabelli.com/conferences/pvw .
RYE, N.Y., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting a Pump, Valve & Water Systems Symposium at the Yale Club in New York City on Thursday, February 22, 2024.
Key Points:
- RYE, N.Y., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting a Pump, Valve & Water Systems Symposium at the Yale Club in New York City on Thursday, February 22, 2024.
- The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A).
- Attendees will have the opportunity to engage in one-on-one sessions with management, providing the opportunity to delve into the strategies and growth prospects of these companies.
- Prospective attendees can learn more about the symposium on our website.
Automotive,
Other Construction & Property,
Other Manufacturing,
Machine Tools, Metalworking & Metallurgy,
Construction & Property,
Trucking,
Specialty,
Packaging,
Chemicals,
Plastics,
Transport,
Automotive Manufacturing,
Logistics,
Supply Chain Management,
Manufacturing,
Retail,
Other Automotive,
Office Products,
Acquisition,
Safety,
ESS,
DSG,
The Company,
Warehouse 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.
Key Points:
- 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.
- The acquisition is being funded through DSG’s cash from operations.
Retrieved on:
Wednesday, December 13, 2023
Other Manufacturing,
Other Transport,
Construction & Property,
Trucking,
Packaging,
Transport,
Manufacturing,
Machinery,
Logistics,
Supply Chain Management,
Other Construction & Property,
Share repurchase,
Growth,
The Company,
DSG Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its Board of Directors has approved a common share repurchase authorization of $25 million.
Key Points:
- Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its Board of Directors has approved a common share repurchase authorization of $25 million.
- This authorization is in addition to approximately $4.0 million still available under previous authorizations.
- During fiscal year 2023 to date, the Company has repurchased approximately $3.6 million of its common stock.
- “The Board’s decision to expand DSG’s share repurchase program demonstrates our collective confidence in our strategic plan to drive profitable growth, generate long-term returns and create shareholder value.
