NASDAQ$DSGR

Distribution Solutions Group Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Lawson Products' first quarter 2020 results were announced.

Lawson Products reported a slight decrease in revenue compared to the previous year, with sales being affected by the COVID-19 pandemic in the second half of March. However, adjusted operating income improved, and the company is focused on maintaining its financial strength.

  • Sales of $91.0 million decreased 0.3% year-over-year.
  • Average Daily Sales (ADS) decreased 1.9% to $1.422 million compared to $1.450 million in 2019.
  • Reported operating income was $18.6 million compared to $5.5 million in the first quarter of 2019.
  • Reported net income was $12.5 million, or $1.34 per diluted share compared to $0.44 in first quarter of 2019.

Headline financials

Total Revenue

$91M

Previous: $91.3M-0.3%
EPS (adj)

$0.52

Previous: $0.48+8.3%
Adj. EBITDA Margin

10.4%

Previous: 8.2%+26.8%
Capital Expenditures

-$551K

Previous: -$248K-122.2%
Free Cash Flow

$12M

Previous: $3.9M+207.4%
Net Income

$12.5M

Previous: $4.15M+202.3%
Operating Income

$18.6M

Previous: $5.54M+236.2%
Gross Profit

$48.9M

Previous: $48.9M-0.0%
Cash & Equivalents

$4.1M

Previous: $3.6M+13.7%
Total Assets

$198M

Previous: $204M-2.7%

Revenue & EPS history

DSG · Revenue · Quarterly

$91M

Q1 2020-0.3%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

DSG · $91M total across 2 segments · Q1 2020

  • Lawson Products
    $81.3M
  • Gexpro Services
    $9.7M

Forward guidance

Looking ahead, the company will take all necessary actions to ensure safety for employees, customers, and suppliers while maintaining its strong financial position.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.6%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.8%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+28.1%

Q2 2015

Best reaction

-26.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+3.9%+0.0%
Q4 2025-26.3%-29.6%-10.4%
Q3 2025-6.3%-9.9%-6.7%
Q1 2025-7.0%-7.2%+4.6%
Q4 2024+9.9%+10.1%-7.5%
Q3 2024-11.1%-12.7%-2.8%
Q2 2024-2.6%-1.4%+10.3%
Q1 2024+6.7%+10.3%+3.3%
Q4 2023-1.1%-1.7%+14.8%
Q3 2023-19.5%-20.4%-12.8%
Q2 2023-2.6%-8.6%-8.2%
Q1 2023+5.8%+1.5%+9.2%
Q4 2022-12.8%-10.2%-14.1%
Q3 2022+18.7%+28.5%+21.0%
Q2 2022+0.7%+0.2%-26.4%
Q1 2022+2.7%+6.2%+4.5%
Q4 2021+0.1%-7.9%-15.8%
Q3 2021+1.0%+3.1%-0.4%
Q2 2021-1.4%-1.4%-0.2%
Q1 2021+0.9%+2.9%+16.5%
Q4 2020+1.9%+5.8%-0.3%
Q3 2020-0.3%+9.8%+17.8%
Q2 2020+0.8%+6.7%+18.2%
Q1 2020-3.9%-5.0%-8.7%
Q4 2019-2.5%-2.2%-34.1%
Q3 2019+6.4%+7.3%+11.0%
Q2 2019+5.1%+5.8%-7.2%
Q1 2019+3.6%+4.0%+24.7%
Q4 2018+5.1%+4.6%+7.4%
Q3 2018+2.3%+8.8%+2.0%
Q2 2018+13.2%+15.1%+36.6%
Q1 2018-2.4%-5.0%-1.8%
Q4 2017-1.8%-0.6%+10.3%
Q3 2017-4.4%-2.1%-1.4%
Q2 2017+13.5%+13.0%+13.8%
Q1 2017+2.4%+9.3%-6.0%
Q4 2016+3.1%+8.6%-11.0%
Q3 2016+13.1%+13.5%+37.2%
Q2 2016-4.0%-13.8%-17.8%
Q1 2016-3.9%
Q4 2015-9.0%
Q3 2015+10.5%
Q2 2015+28.1%
Q1 2015+2.0%
Q4 2014-1.4%
Q3 2014+19.0%
Q2 2014+7.1%
Q1 2014-2.0%
Q4 2013-5.8%
Q3 2013+6.0%
Q2 2013-5.4%
Q1 2013-0.3%
Q4 2012+11.3%
Q3 2012-2.1%
Q2 2012-0.8%
Q1 2011-3.0%
Q1 2012+1.2%
Q4 2011+1.3%
Q3 2011-6.0%
Q3 2010-6.0%
Q4 2009-1.8%
Q2 2011-1.8%
Q2 2010-1.8%
Q4 2010-1.8%
Q1 2010+0.0%

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