NASDAQ$DSGR

Distribution Solutions Group Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong initial results following the merger of Lawson Products, Gexpro Services, and TestEquity.

Distributions Solutions Group reported net sales of $321.3 million, a 139.5% increase, including 11.8% organic growth. Adjusted EBITDA increased to $31.7 million, representing 9.9% of sales. The company successfully completed two accretive acquisitions with aggregate annual revenues of approximately $119 million.

  • GAAP net sales were $321.3 million, up 139.5%.
  • Non-GAAP adjusted net sales increased approximately $80.6 million or 33.5%.
  • Reported operating income was $4.1 million or 1.3% of sales.
  • Non-GAAP diluted earnings per share was $0.36.

Headline financials

Total Revenue

$321M

Previous: $107M+201.6%
EPS (adj)

$0.18

Previous: $0.60-70.0%
Adj. EBITDA Margin

9.9%

Previous: 8.3%+19.3%
Capital Expenditures

-$3.41M

Previous: -$3.87M+12.0%
Free Cash Flow

-$8.13M

Previous: -$939K-765.3%
Net Income

-$4.72M

Previous: $2.94M-260.6%
Operating Income

$4.11M

Previous: $3.38M+21.6%
Gross Profit

$115M

Previous: $54.6M+109.7%
Cash & Equivalents

$17.9M

Previous: $5.86M+205.2%
Total Assets

$1.23B

Previous: $245M+401.5%

Revenue & EPS history

DSG · Revenue · Quarterly

$321M

Q2 2022+201.6%vs Q2 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

DSG · $305M total across 3 segments · Q2 2022

  • Lawson Products
    $107M+17.7%
  • Gexpro Services
    $99.8M
  • TestEquity
    $97.9M

Forward guidance

The company did not provide specific forward guidance in this report.

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 Q2 2022

Historical avgQ2 2022

+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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