secwatch.observer — SEC 8-K summary
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Issuer:     Distribution Solutions Group, Inc. (DSGR)
CIK:        0000703604
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0000703604-26-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSGR Q1 revenue up 3.8% to $496M; adjusted EBITDA down 11.6% to $37.8M
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- Net income $0.4M, down 88.3% YoY; adjusted diluted EPS $0.24 vs $0.31 year ago.
- Operating income $13.6M (down 32.2%) includes $11M non-cash amortization and $4.5M non-recurring items.
- Gross margin fell 140 bps to 32.9% on mix shifts and higher tariffs.
- Acquired Eastern Valve & Control Specialties (Atlantic Canada) for $0.8M partial-quarter revenue.
- Liquidity $415M; net debt leverage 3.8x; cash used in ops $20.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703604/000070360426000023/0000703604-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703604/000070360426000023/laws-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000703604-26-000023

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