HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Pro-Seal, Inc. (“Pro-Seal”). Founded in 1987, Pro-Seal is headquartered in Pontiac, Michigan and operates out of two locations servicing the Great Lakes Region of the U.S. and all of Alaska. Pro-Seal is a leading distributor of pumping systems, fluid sealing and related seal support systems and other industrial pumping equipment and services and lubricants. DXP funded the acquisition wi ...

DXP Enterprises (DXPE) ended the recent trading session at $35.12, demonstrating a -1.27% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.12%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.41%.Shares of the industrial products supplier have appreciated by 9.61% over the course of the past month, outperforming the Industrial Products sector's gain of 6.08% and the S&P 500's gain of 4.83%.Investors will be eagerly watching ...

HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the fourth quarter and year ended December 31, 2023, on Thursday, March 7th. The earnings announcement will be released before the market opens. DXP will host a conference call, to be webcast live, on the Company’s website (www.dxpe.co ...

The latest trading session saw DXP Enterprises (DXPE) ending at $35.16, denoting a +0.46% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.38%. At the same time, the Dow lost 0.16%, and the tech-heavy Nasdaq lost 0.13%.Shares of the industrial products supplier have appreciated by 6.03% over the course of the past month, underperforming the Industrial Products sector's gain of 6.21% and outperforming the S&P 500's gain of 4.74%.Market participants will be closely follow ...

In the latest trading session, DXP Enterprises (DXPE) closed at $34.24, marking a -1.27% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq decreased by 0.92%.Coming into today, shares of the industrial products supplier had gained 6.97% in the past month. In that same time, the Industrial Products sector gained 5.78%, while the S&P 500 gained 3.56%.The upcoming earnings relea ...

HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Kappe Associates, Inc. (“Kappe”). Founded in 1946, Kappe is headquartered in Frederick, Maryland and operates out of three locations servicing Maryland, the District of Columbia, Delaware, Virginia, Pennsylvania, Southern New Jersey, and West Virginia. Kappe is a leading distributor and manufacturers representative of pumps, controls and process equipment focused on serving the water and ...

DXP's overall operating income was 8.6% or $35.9 million, which included corporate expense and amortization. This reflects a 170-basis point improvement in margins over Q3 of 2022. That being said, we still feel there is opportunity in operations to be more efficient. Thank you, David, and thank you to everyone for joining us for our review of our third quarter 2023 financial results. Q3 was a great quarter for DXP and our results are in line with our expectations, and reflect the positioning we were antici ...

THE INDUSTRIAL DISTRIBUTION EXPERTS Results for Q3 Fiscal 2023 Earnings Announcement: November 9, 2023 (Quarter Ending September 30, 2023) This presentation contains forward-looking statements within the meaning of the U.S. federal securities laws that involve risks and uncertainties. Certain statements contained in this report are not purely historical, including statements regarding our expectations, beliefs, intentions or strategies regarding the future that are forward-looking. These statements include ...

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 0-21513 DXP Enterprises, Inc. (Exact name of registrant as specified in its charter) Texas 76-0509661 (S ...

Before we get started, I want to remind you that today's call is being webcast and recorded and includes forward-looking statements. Actual results may differ materially from those contemplated by these forwardlooking statements. A -- of the many factors that we believe may have a material effect on our business on an ongoing basis are contained in our SEC filings. However, DXP assumes no obligation to update that information as a result of new information or future events. With that, I will now turn this b ...