Dxp Enterprise is a leading company that provides comprehensive industrial solutions, specializing in the distribution of products and services geared toward maximizing the operational performance of its clients across various sectors. This includes offering a wide range of equipment, such as pumps, valves, and filtration systems, along with engineering services and inventory management. The firm focuses on delivering innovative solutions tailored to meet the needs of industries like oil and gas, chemical processing, and manufacturing, thereby enhancing efficiency and safety in their operations. Through its extensive network and expertise, Dxp Enterprise aims to be a valued partner in its customers' success.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the maintenance and repair distributors stocks, including Distribution Solutions (NASDAQ:DSGR) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how maintenance and repair distributors stocks fared in Q3, starting with Global Industrial (NYSE:GIC).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the maintenance and repair distributors industry, including Transcat (NASDAQ:TRNS) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Fastenal (NASDAQ:FAST) and the best and worst performers in the maintenance and repair distributors industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at W.W. Grainger (NYSE:GWW) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how WESCO (NYSE:WCC) and the rest of the maintenance and repair distributors stocks fared in Q3.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Burt Gurney & Associates (“BGA”) and MaxVac Inc. (“MaxVac”). DXP funded the acquisitions with cash on the balance sheet.
Shares of industrial distributor DXP Enterprises (NASDAQ:DXPE) jumped 21.5% in the afternoon session after the company reported strong third-quarter earnings. DXP blew past analysts' sales, EPS, and EBITDA estimates as its acquisition-driven strategy continued to pay off. Notably, the company closed five acquisitions through the third quarter and already added two more for the next quarter. Zooming out, we think this was a good quarter with some key areas of upside.
Industrial distributor DXP Enterprises (NASDAQ:DXPE) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 12.8% year on year to $472.9 million. Its GAAP profit of $1.27 per share was also 33.7% above analysts’ consensus estimates.
DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the third quarter ended September 30, 2024. The following are results for the three months ended September 30, 2024, compared to the three months ended September 30, 2023, and June 30, 2024, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the third quarter ended September 30, 2024, on Monday, November 4th. The earnings announcement will be released after the U.S. stock market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:30 AM Central Time on Tuesday, November 5th.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on refinancing existing Senior Secured Term Loan B (“TLB”) borrowings and raising an incremental $105 million in TLB borrowings. Including the new borrowings, DXP will have $649.5 million in Senior Secured Term Loan B borrowings. The TLB borrowings mature on October 13, 2030, and are priced at Term SOFR plus an applicable margin of 3.75 percent.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Hartwell Environmental Corporation (“Hartwell”). Founded in 1976, Hartwell is headquartered in Tomball, Texas and operates out of three locations servicing the Texas, Oklahoma and surrounding markets.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million or 2.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management. This is after the successful completion of the previous program, whereby, the Company completed the repurchase of $85 million or 2.8 million shares, under the 2-year program which began in December of 2022.
DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the second quarter ended June 30, 2024. The following are results for the three months ended June 30, 2024, compared to the three months ended June 30, 2023, and March 31, 2024, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the second quarter ended June 30, 2024, on Thursday, August 8th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:30 AM Central Time on Friday, August 9th.
DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2024. The following are results for the three months ended March 31, 2024, compared to the three months ended March 31, 2023 and December 31, 2023, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the first quarter ended March 31, 2024, on Wednesday, May 8th, after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:30 A.M. Central Time on Thursday, May 9th.
