Distribution Solutions reports Q2 adjusted EPS 35c, consensus 33c
Q2 Financial Performance: The company reported Q2 revenue of $502.44 million, exceeding the consensus estimate of $484.43 million, with a 14.3% increase in sales driven by acquisitions and organic growth.
Adjusted EBITDA Insights: Adjusted EBITDA rose to $48.6 million, representing 9.7% of sales, with year-over-year and sequential growth; however, margins slightly declined due to the Source Atlantic acquisition, though improvements are being made in Canada.
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Distribution Solutions Group Surpasses 200-Day Moving Average - Positive Outlook for DSGR
52 Week Range: DSGR's stock has a low of $21.87 and a high of $39.96 over the past year, with the last trade recorded at $28.54.
Moving Average Insight: The article mentions a resource for identifying other stocks that have recently crossed above their 200-day moving average.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Stock Performance Context: The information provided gives a snapshot of DSGR's stock performance within a broader market context.

DSG Appoints Sean Dwyer as SVP of M&A and Strategy, Bringing $30 Billion Experience
- Leadership Enhancement: DSG announced the appointment of Sean Dwyer as Senior Vice President of M&A and Strategy, significantly bolstering the company's ability to pursue strategic opportunities with his experience in over $30 billion of prior transactions.
- Industry Insight Improvement: Dwyer previously served as Chief Strategy Officer at BlueLinx Holdings, managing a $3 billion annual revenue building products distribution company, bringing valuable industry insights that will aid DSG's growth in distribution, transportation, and logistics.
- Value Creation Potential: DSG's CEO Bryan King stated that Dwyer's appointment will enhance the company's capital allocation capabilities and proven record of value creation, driving DSG towards its long-term growth objectives.
- Strategic Collaboration Outlook: Dwyer will report directly to CFO Ron Knutson and work closely with the LKCM Headwater team and its three vertical leadership teams to identify strategic opportunities that strengthen DSG's market competitiveness.









