---
schema_version: "secwatch.filing_event.v1"
accession: "0000703604-24-000059"
form_type: "8-K"
ticker: "DSGR"
cik: "0000703604"
company_name: "Distribution Solutions Group, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:06:18.395152+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DSGR Q1: revenue $416M (+19.5%), GAAP loss $0.11/sh, adj EBITDA margin 8.7%; acquires S&S Automotive

## Summary
- Revenue $416.1M (+19.5% YoY); organic down 8.6% but two-year stacked up 4.7%.
- GAAP diluted EPS loss of $0.11 (vs. $0.14 income); adjusted diluted EPS $0.25 (vs. $0.42).
- Adjusted EBITDA $36.1M (8.7% margin) vs. $39.4M (11.3%) a year ago; sequential margin up 30 bps.
- Acquired Emergent Safety Supply in Q1; post-quarter S&S Automotive (~$40M annual rev) expands safety and automotive.
- Ended Q1 with $283.9M liquidity, net debt leverage 3.0x.

## SEC filing metadata
- accession: 0000703604-24-000059
- form_type: 8-K
- ticker: DSGR
- cik: 0000703604
- company_name: Distribution Solutions Group, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/703604/000070360424000059/0000703604-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/703604/000070360424000059/laws-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000703604-24-000059
- JSON: https://secwatch.observer/filing/0000703604-24-000059.json
- Plain text: https://secwatch.observer/filing/0000703604-24-000059.txt

## Key facts
- Earnings Releases
  Distribution Solutions Group, Inc. reported first quarter ended March 31, 2024 results: revenue $416,086, EPS $(0.11) per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $416,086
  - EPS: $(0.11) per share
  - Result: reported results
  source text: the reconciliations of GAAP to non-GAAP measures in Tables 2, 3 and 4. Three Months Ended March 31, December 31, (Dollars in thousands) 2024 2023 % Change 2023 % Change Revenue $ 416,086 $ 348,270 19.5 % $ 405,239 2.7 % Operating income (loss) $ 2,783 $ 16,721 (83.4) % $ (289) N/A Non-GAAP adjusted operating income $ 29,761 $ 32,783 (9.2) % $ 28,006 6.3 % Non-GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/703604/000070360424000059/0000703604-24-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.