secwatch.observer — SEC 8-K summary
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Issuer:     DXP ENTERPRISES INC (DXPE)
CIK:        0001020710
Form:       8-K
Filed at:   2021-08-16T23:59:59+00:00
Accession:  0001193125-21-247054
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q2 sales $285.5M (+16.2% sequential), GAAP EPS $0.40; aged payables error to cut liabilities $8-12M, 10-Q delayed
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- Sales $285.5 million, up 16.2% sequentially; GAAP diluted EPS $0.40.
- Free cash flow $6.8 million; cash and equivalents $79.3 million.
- Closed acquisition of Carter & Verplanck.
- Identified $8-$12 million in invalid aged purchase orders; will reduce trade payables and increase retained earnings.
- Form 10-Q for Q2 2021 delayed; expects filing by September 15, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020710/000119312521247054/0001193125-21-247054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020710/000119312521247054/d219188d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-247054

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