secwatch.observer — SEC 8-K summary
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Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000703604-22-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSG Q3 sales $347M, organic +15%; adjusted EBITDA $34.7M; share buyback raised to $12.5M
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- GAAP net sales $347.2M (+162.8% YoY); adjusted net sales +46.1% to $347.2M.
- Organic sales growth of 15.4% driven by price and volume; adjusted EBITDA $34.7M (10.0% of adjusted sales).
- GAAP diluted EPS $0.84; non-GAAP diluted EPS $0.64, up from $0.25 in Q3 2021.
- Board increased share repurchase authorization from $7.5M to $12.5M; $7.6M remaining.
- Segment adjusted EBITDA margins: Lawson 8.8%, Gexpro 12.0%, TestEquity 8.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000070360422000081/0000703604-22-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000070360422000081/laws-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000703604-22-000081

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