secwatch.observer — SEC 8-K summary
======================================

Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0000703604-22-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSG reports Q2 2022 net sales $321.3M; organic growth 11.8%; adjusted EBITDA $31.7M
--------------------------------------------------------------------------------

- GAAP net sales $321.3M (+139.5% YoY); organic growth 11.8%; adjusted EBITDA $31.7M (9.9% of sales).
- Diluted GAAP loss per share $0.23; non-GAAP diluted EPS $0.36 vs $0.10 in prior year quarter.
- Completed two accretive acquisitions with ~$119M combined annual revenues; expected annual adjusted EBITDA >$10M.
- Segment adjusted EBITDA: Lawson $9.4M, Gexpro $11.9M, TestEquity $8.6M, Other $1.7M.
- Cash $17.9M + $85.9M availability under credit facility at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000070360422000065/0000703604-22-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000070360422000065/laws-20220809.htm
  HTML page:      https://secwatch.observer/filing/0000703604-22-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer