secwatch.observer — SEC 8-K summary
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Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000703604-24-000092
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSG Q3 revenue up 6.6% to $468M; adj. EBITDA $49.1M, up 12.4% YoY
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- Revenue $468.0M (+6.6% YoY); organic sales -2.1% YoY but +0.2% sequentially.
- Adjusted EBITDA $49.1M (10.5% margin) vs $43.7M (10.0%) YoY; diluted EPS $0.46 incl. $0.40 tax benefit.
- Lawson avg daily sales +1.4%, Gexpro Services +12.5%, TestEquity -7.4% in the quarter.
- Closed Source Atlantic acquisition; signed ConRes Test Equipment and TCR deals.
- Expanded credit facility by $255M; liquidity $328.0M; net debt leverage 3.7x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000070360424000092/0000703604-24-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000070360424000092/laws-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000703604-24-000092

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