UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-10546 DISTRIBUTION SOLUTIONS GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S ...

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company today announced that it will report results for the fiscal year 2023 and fourth quarter on Thursday, March 7, 2024, pre-market. The Company will host a conference call with prepared remarks beginning at 9:00 a.m. Eastern Time. Refer to the Company’s investor relations Events page for the supplemental slides at https://investor.distributionsolutionsgro ...

Distribution Solutions Group (DSGR) shares rallied 5.1% in the last trading session to close at $35.17. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.3% gain over the past four weeks.The positive response from investors can be correlated to the likely future benefits of the company’s strategic acquisition of  Safety Supply Illinois LLC, DBA Emergent Safety Supply (ESS). The acquisition of ESS is likely to ...

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the Gabelli Funds 34th Annual Pump, Valve, & Water Symposium on Thursday, February 22, 2024 at 10 am ET at The Yale Club, 50 Vanderbilt Avenue, New York, NY. For more information, please reference this registration link: https://www.gabelli.com/conferences/pvw. About Distribution Solution ...

• Adjusted EBITDA of $16.7M or 14.6% of Revenue up from 8.8% of Revenue over year ago quarter on revenue growth and improved gross margins NASDAQ: DSGR November 2, 2023 Cautionary Note Regarding Forward-Looking Statements 2 Today's Conference Call Will Discuss Results Primarily on an Adjusted (Non-GAAP) and Comparable Operations Basis. • Q3 2023 Consolidated Highlights & Financial Results • Segment Highlights & Financial Results See appendix for GAAP to Non-GAAP reconciliations. • Q3 Revenue of $439M, Opera ...

Distribution Solutions Group, Inc. (NASDAQ:DSGR) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Sandy Martin - Three Part Advisors Bryan King - Chairman and Chief Executive Officer Ron Knutson - Executive Vice President and Chief Financial Officer Conference Call Participants Kevin Steinke - Barrington Research Tommy Moll - Stephens Inc. Brad Hathaway - Far View Operator Greetings, and welcome to the Distribution Solutions Group Third Quarter 2023 Earnings Conference Call. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file Number: 0-10546 DISTRIBUTION SOLUTIONS GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 36-2229304 301 Comme ...

Distribution Solutions Group, Inc. (NASDAQ:DSGR) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Steven Hooser - Investor Relations Bryan King - Chairman & Chief Executive Officer Ron Knutson - Executive Vice President & Chief Financial Officer Conference Call Participants Kevin Steinke - Barrington Research Ken Newman - KeyBanc Capital Markets Operator Greetings and welcome to the Distribution Solutions Group Second Quarter 2023 Earnings Conference Call. [Operator Instructio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file Number: 0-10546 DISTRIBUTION SOLUTIONS GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 36-2229304 (State or othe ...

Financial Performance - Total revenue for the three months ended March 31, 2023, was $348,270,000, a 126.5% increase from $154,085,000 in the same period of 2022 [181]. - Adjusted EBITDA for the first quarter of 2023 was $39,353,000, representing a 191.5% increase from $13,502,000 in Q1 2022 [173]. - Lawson's revenue for Q1 2023 was $125,280,000, with a gross profit of $70,910,000 and an operating income of $8,245,000 [184]. - TestEquity's revenue increased to $107,359,000 in Q1 2023 from $72,402,000 in Q1 2022, reflecting a 48.3% growth [181]. - Gexpro Services reported revenue of $101,016,000 in Q1 2023, up from $81,683,000 in Q1 2022, marking a 23.7% increase [181]. - Net income for the three months ended March 31, 2023, was $5,907,000, compared to a net loss of $2,537,000 in the same period of 2022 [181]. - Adjusted EBITDA for Lawson in Q1 2023 was $18,450,000, a significant increase of 129.4% from $8,042,000 in Q1 2022 [186]. - Adjusted EBITDA for Q1 2023 was $18.5 million, an increase of $10.4 million, or 129.4%, from the same period last year [191]. Cost and Expenses - Total cost of goods sold for Q1 2023 was $215,399,000, which is 61.8% of total revenue, compared to 73.5% in Q1 2022 [181]. - Selling, general and administrative expenses for Q1 2023 totaled $116,150,000, representing 33.4% of total revenue, up from 24.6% in Q1 2022 [181]. - Selling, general and administrative expenses for Lawson increased to $62.7 million in Q1 2023, up from $44.4 million in the prior year quarter [190]. - Interest expense increased by $0.8 million in Q1 2023 due to higher outstanding borrowings from debt refinancing [206]. Inventory and Reserves - As of March 31, 2023, DSG's inventory reserve was $12.9 million, representing approximately 4.5% of gross inventory, with a hypothetical 100 basis point change affecting cost of goods sold by $2.7 million [163]. Market Conditions - Distribution Solutions Group, Inc. (DSG) reported a Purchasing Managers Index (PMI) average of 47.1 for the three months ended March 31, 2023, down from 57.8 in the same period of 2022, indicating a contraction in the manufacturing sector [149]. - The average monthly PMI indicates that a measure above 50 generally signifies expansion, while below 50 indicates contraction, reflecting the economic environment's impact on DSG's operations [149]. Strategic Initiatives - DSG plans to close the acquisition of HIS Company, Inc. in the second quarter of 2023, enhancing its distribution capabilities in industrial technology applications [148]. - The company aims to grow organically by expanding digital capabilities and collaborative selling across its customer bases [146]. - Gexpro Services focuses on increasing wallet share with existing customers and expanding geographic reach in six key vertical markets [156]. - DSG has implemented price increases in response to rising supplier costs, inflation, and increased transportation and labor costs [157]. Cash Flow and Capital Expenditures - Cash and cash equivalents were $31.1 million as of March 31, 2023, compared to $24.6 million at the end of 2022 [210]. - Net cash provided by operating activities was $13.9 million in Q1 2023, a significant improvement from a net cash used of $13.5 million in Q1 2022 [214]. - Total capital expenditures for the three months ended March 31, 2023, were $6.9 million, with an expected range of $14 million to $16 million for the remainder of 2023 [224]. Debt and Financing - The company had $415.9 million in outstanding borrowings and $69.8 million of borrowing availability remaining under its credit facility as of March 31, 2023 [220]. - The company had $7.6 million of remaining availability for stock repurchases under the authorized program as of March 31, 2023 [226]. - The company agreed to purchase Hisco for $269.1 million, with a potential additional earn-out payment of up to $12.6 million based on performance targets [227]. - The completion of the Hisco transaction is subject to regulatory and customary closing conditions [227]. - The Rights Offering is expected to raise approximately $100 million and will be conducted under an effective registration statement [229]. - Luther King Capital Management and its affiliates own approximately 77% of the outstanding stock and intend to fully subscribe for their pro rata portion in the Rights Offering [229].