DXP Enterprises reports FY2024 sales $1.8B, up 7.4%; diluted EPS $4.22

DXP ENTERPRISES INC

Fiscal 2024 sales $1.8B, up 7.4% YoY; net income $70.5M vs $68.8M in FY2023.
GAAP diluted EPS $4.22; Adjusted EBITDA $191.3M.
Refinanced Term Loan B raising $649.5M; reduced borrowing costs by 100 bps.
Repurchased 0.6M shares for $28.8M; cash and restricted cash $148.4M.
Remediated all previously existing material weaknesses; completed seven acquisitions in FY2024.

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