NASDAQ:DSGR - Nasdaq - US5207761058 - Common Stock - Currency: USD
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn as the industry has shed 6% over the past six months. This drop was disappointing since the S&P 500 held steady.
Industrial and safety product distributor Distribution Solutions (NASDAQ:DSGR) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 18.6% year on year to $480.5 million. Its non-GAAP profit of $0.42 per share was 26% above analysts’ consensus estimates.
Industrial and safety product distributor Distribution Solutions (NASDAQ:DSGR) will be reporting earnings tomorrow morning. Here’s what investors should know.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the maintenance and repair distributors stocks, including Distribution Solutions (NASDAQ:DSGR) and its peers.