Why DNOW (DNOW) International Revenue Trends Deserve Your Attention

Core Insights - The performance of DNOW's international operations is critical for understanding its financial resilience and growth potential [1][2][3] Revenue Performance - DNOW's total revenue for the quarter was $634 million, reflecting a 4.6% increase from the previous year [4] - Canada generated $53 million in revenue, accounting for 8.4% of total revenue, which was a decrease of 4.93% from the expected $55.75 million [5] - International revenue contributed $54 million, representing 8.5% of total revenue, also falling short of the expected $56.25 million by 4% [6] Future Projections - Analysts project DNOW's revenue for the ongoing fiscal quarter to be $603.35 million, a 5.7% increase year-over-year, with Canada and International expected to contribute $55.9 million (9.3%) and $57.5 million (9.5%) respectively [7] - For the full year, total revenue is projected at $2.47 billion, a 4% increase from last year, with Canada and International expected to contribute $220.2 million (8.9%) and $228.45 million (9.3%) respectively [8] Market Dynamics - The reliance on global markets presents both opportunities and challenges for DNOW, making the analysis of international revenue trends essential for forecasting future performance [9][10] - The intricacies of global interdependence and geopolitical factors are closely monitored by analysts to adjust earnings forecasts [10]