secwatch / observer

DXP ENTERPRISES INC — fact timeline

Source-grounded facts extracted from DXP ENTERPRISES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

DXPE DXP ENTERPRISES INC JSON
Shareholder Votes

DXP ENTERPRISES INC shareholders approved Advisory vote on compensation of named executive officers. at the 2026-06-12 meeting.

“PROPOSAL 2: ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS With respect to the number of shares of Common Stock that were voted for, voted against, and were withheld from voting for proposal #2 to approve, as a non-binding advisory vote, executive compensation are set forth below: For 13,230,682 % For 97.6% Against 313,927 Abstain 17,023 Broker Non-Votes* 728,837 Vote Results Approved”
Shareholder Votes

DXP ENTERPRISES INC shareholders approved Election of six (6) nominees for director. at the 2026-06-12 meeting.

“The shareholders: (1) Voted to elect each of the six (6) nominees for director.”
Earnings Releases

DXP ENTERPRISES INC reported the three months ended March 31, 2026 results: revenue $521.7 million, EPS $1.22.

“--- NEWS RELEASE CONTACT: Kent Yee Senior Vice President, CFO 713-996-4700 www.dxpe.com DXP ENTERPRISES, INC. REPORTS FIRST QUARTER 2026 RESULTS • $213.4 million in cash • $521.7 million in sales, a 9.5 percent year-over-year increase • GAAP diluted EPS of $1.22 • $57.8 million in earnings before interest, taxes, depreciation & amortization and other non-cash”
Debt Financings

DXP ENTERPRISES INC incurred term loan of $205 million with Goldman Sachs Bank USA at Term SOFR (with a floor of 1.00%) plus 3.25%, or base rate plus 2.25% maturing October 13, 2030.

“Amendment, the “Term Loan Agreement”). The Term Loan Amendment provides for, among other things, (i) adjustments to certain financial ratio covenant compliance dates and (ii) $205 million in new incremental term loan commitments (the “2025 Incremental Term Loans”) under the Term Loan Agreement, such that after giving effect to the Term Loan Amendment, including”
Debt Financings

DXP ENTERPRISES INC amended revolving credit of from $135 million to $185 million with Bank of America, N.A., as agent and Goldman Sachs Bank USA, as lender.

“the aggregate commitments under the Company's existing asset-based revolving credit facility (the “ABL Facility”) were increased by $50 million. Following the effectiveness of the Increase Agreement, the total commitments under the ABL Facility increased from $135 million to $185 million.”
Earnings Releases

DXP ENTERPRISES INC reported the first quarter ended March 31, 2024 results: revenue $412.6 million, EPS $0.67.

“CONTACT: Kent Yee Senior Vice President, CFO www.dxpe.com THE INDUSTRIAL DISTRIBUTION EXPERTS DXP ENTERPRISES, INC. REPORTS FIRST QUARTER 2024 RESULTS • $139.7 million in cash • $412.6 million in sales • GAAP diluted EPS of $0.67 • Non-GAAP diluted EPS of $0.74 • $40.3 million in earnings before interest, taxes, depreciation & amortization and other non-cash charges”
Earnings Releases

DXP ENTERPRISES INC reported the fiscal year ended December 31, 2023 results: revenue $1.7 billion, net income $68.8 million, EPS $3.89.

“Fiscal 2023 sales of $1.7 billion, up 13.4 percent from fiscal 2022 • Solid full Year GAAP diluted EPS of $3.89”
Earnings Releases

DXP ENTERPRISES INC reported financial results for the fourth quarter ended December 31, 2023.

“On March 7, 2024, DXP Enterprises, Inc., issued a press release announcing financial results for the fourth quarter ended December 31, 2023.”
Earnings Releases

DXP ENTERPRISES INC reported third quarter ended September 30, 2023 results: revenue $419.2 million, EPS $0.93.

“CONTACT: Kent Yee Senior Vice President, CFO www.dxpe.com THE INDUSTRIAL DISTRIBUTION EXPERTS DXP ENTERPRISES, INC. REPORTS THIRD QUARTER 2023 RESULTS • $27.2 million in cash • $419.2 million in sales, an 8.2 percent year-over-year increase • $1,271.6 million in year to date sales, an 18.3 percent year-over-year increase • Diluted earnings per share of $0.93, up 31.0”
Debt Financings

DXP ENTERPRISES INC incurred term loan of $550.0 million with Goldman Sachs Bank USA at Term SOFR (with a floor of 1.00%) plus 4.75% maturing October 13, 2030.

“The Term Loan Amendment provides for a $550.0 million term loan (the "Term Loan Facility")”
Earnings Releases

DXP ENTERPRISES INC reported second quarter ended June 30, 2023 results: revenue $428.0 million, net income Net income attributable to common shareholders of $19.0 million, EPS GAAP diluted EPS of $1.06.

“CONTACT: Kent Yee Senior Vice President, CFO www.dxpe.com THE INDUSTRIAL DISTRIBUTION EXPERTS DXP ENTERPRISES, INC. REPORTS SECOND QUARTER 2023 RESULTS • $15.5 million in cash • $428.0 million in sales, a 16.4 percent year-over-year increase • Net income attributable to common shareholders of $19.0 million versus $14.4 million compared to Q2 2022 • GAAP diluted EPS of”
Shareholder Votes

DXP ENTERPRISES INC shareholders approved Approve amendment of Certificate of Formation to permit amendment of Bylaws by shareholders at special or annual meetings at the 2023-06-16 meeting.

“Proposal 5: APPROVE THE AMENDMENT OF ITS BYLAWS With respect to the amendment of the Company's bylaws that were voted for, voted against, and were withheld from voting for proposal #5 are set forth below: For 14,777,228 % For 99.8% Against 7,813 Abstain 15,273 Broker Non-Votes* 970,545 Vote Results Approved”
Shareholder Votes

DXP ENTERPRISES INC shareholders approved Ratification of PricewaterhouseCoopers, LLP as independent registered public accounting firm for fiscal 2023 at the 2023-06-16 meeting.

“Proposal 4: RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITOR With respect to the ratification of PricewaterhouseCoopers, LLP as independent registered public accountant that were voted for, voted against, and were withheld from voting for proposal #4 are set forth below: For 15,745,891 % For 99.8% Against 23,572 Abstain 1,396 Vote Results Approved”
Shareholder Votes

DXP ENTERPRISES INC shareholders approved Approve amendment of 2016 Omnibus Incentive Plan at the 2023-06-16 meeting.

“Proposal 3: APPROVE THE AMENDMENT OF THE 2016 OMNIBUS INCENTIVE PLAN With respect to the number of shares of Common Stock that were voted for, voted against, and were withheld from voting for proposal #3 to approve, as a non-binding advisory vote, the amended 2016 Omnibus Incentive Plan are set forth below: For 11,536,812 % For 77.9% Against 3,247,363 Abstain 1,613,900.0% Broker Non-Votes* 970,545 Vote Results Approved”
Shareholder Votes

DXP ENTERPRISES INC shareholders approved Advisory vote to approve compensation of named executive officers at the 2023-06-16 meeting.

“Proposal 2: ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS With respect to the number of shares of Common Stock that were voted for, voted against, and were withheld from voting for proposal #2 to approve, as a non-binding advisory vote, executive compensation are set forth below: For 13,382,241 % For 90.4% Against 1,392,961 Abstain 25,112 Broker Non-Votes* 970,545 Vote Results Approved”
Shareholder Votes

DXP ENTERPRISES INC shareholders approved Election of six director nominees at the 2023-06-16 meeting.

“The shareholders: (1) Voted to elect each of the six (6) nominees for director.”

David Molero was appointed as Chief Accounting Officer at DXP ENTERPRISES INC.

“On May 24, 2023, DXP Enterprises, Inc., (the “Company”) announced that David Molero has been appointed as DXP’s new Chief Accounting Officer, effective May 22, 2023.”
Earnings Releases

DXP ENTERPRISES INC reported the first quarter ended March 31, 2023 results: revenue $424.3 million, net income $17.6 million, EPS $0.95.

“CONTACT: Kent Yee Senior Vice President, CFO www.dxpe.com THE INDUSTRIAL DISTRIBUTION EXPERTS DXP ENTERPRISES, INC. REPORTS FIRST QUARTER 2023 RESULTS • $58.3 million in cash • $424.3 million in sales, a 4.4 percent sequential and 32.8 percent year-over-year increase • Net income of $17.6 million versus $12.6 million compared to Q1 2022 • GAAP diluted EPS of $0.95 •”
Earnings Releases

DXP ENTERPRISES INC reported fiscal year ended December 31, 2022 results: revenue $1.5 billion, net income $48.2 million, EPS $2.47.

“Fiscal 2022 sales of $1.5 billion, up 32.9 percent from fiscal 2021 • Solid full Year GAAP diluted EPS of $2.47 • $126.8 million in earnings before interest, taxes, depreciation, amortization and other non-cash charges ("Adjusted EBITDA") • Net income of $48.2 million versus $16.5 million in fiscal 2021”
Listing & Compliance Notices

DXP ENTERPRISES INC received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 3, 2023, the Company received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because it has not timely filed the Form 10-K with the SEC. The Rule requires listed companies to timely file all required periodic reports with the SEC. The Notice has no immediate effect on the listing or trading of the Company’s securities. However, if the Company fails to timely regain compliance with the Rule, the Company’s securities will be subjec”
Debt Financings

DXP ENTERPRISES INC incurred term loan of $105 million with Goldman Sachs Bank USA at Term SOFR plus an applicable margin of 5.25 percent maturing December 23, 2027.

“The Term Loan Amendment provides for, among other things, $105 million in new Incremental Term Loan Commitments (as such term is defined in the Term Loan Agreement) under the Term Loan Agreement, such that after giving effect to the Term Loan Amendment, including the new borrowings, DXP has $417.2 million in outstanding borrowings under the Term Loan Agreement. The existing and new borrowings under the Term Loan Agreement mature on December 23, 2027 and are priced at Term SOFR plus an applicable margin of 5.25 percent.”

Kent Yee was appointed as principal accounting officer at DXP ENTERPRISES INC.

“Mr. Kent Yee, the Company’s Chief Financial Officer and Senior Vice President Corporate Development will serve as principal accounting officer of the Company effective October 10, 2022 until further notice.”

Gene Padgett resigned as Chief Accounting Officer at DXP ENTERPRISES INC.

“Mr. Gene Padgett, the Chief Accounting Officer of DXP Enterprises, Inc. (the “Company”), informed the Company of his resignation from his position as Chief Accounting Officer of the Company effective October 10, 2022.”

Paz Maestas was appointed as Chief Marketing Officer and Chief Technology Officer at DXP ENTERPRISES INC.

“Also effective January 7, 2022, Paz Maestas was appointed Chief Marketing Officer and Chief Technology Officer.”

Nick Little was appointed as Chief Operating Officer at DXP ENTERPRISES INC.

“DXP Enterprises is pleased to announce the appointment of Nick Little as Chief Operating Officer, effective January 7, 2022.”

Karen Hoffman was elected as Director at DXP ENTERPRISES INC.

“On October 28, 2021, the Board of Directors (the “Board”) of DXP Enterprises, Inc. (the “Company”) elected Mrs. Karen Hoffman as a director on the Board, effective October 29, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.