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 PRESS RELEASE

DXP Enterprises Reports Fourth Quarter and Fiscal 2024 Results

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2024. The following are results for the three and twelve months ended December 31, 2024, compared to the three and twelve months ended December 31, 2023. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. Fourth Quarter 2024 financial highlights: Sales were $470.9 million for the fourth quarter of 2024, compared to $407.0 million for the fourth quarter of 2023. Diluted earnings per share...

 PRESS RELEASE

DXP Enterprises, Inc. Announces Fourth Quarter and FY2024 Earnings Rel...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business 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 fiscal year ended December 31, 2024, on Thursday, March 6th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website () at 10:30 AM Central Time on Friday, March 7th. Th...

 PRESS RELEASE

DXP Enterprises, Inc. Announces Acquisition of Arroyo Process Equipmen...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Arroyo Process Equipment (“Arroyo”). Founded in 1968, Arroyo is headquartered in Bartow, Florida and operates out of three locations servicing northern, central, and southern Florida, and surrounding markets. Arroyo is a leading distributor of pumps, process equipment, and related service and repairs focused on serving the asphalt, mining, industrial water, chemical and other industrial markets. DXP funded the acquisition with cash from the balance sheet. “We are pleased...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

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 PRESS RELEASE

DXP Enterprises Completes Two Acquisitions

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Burt Gurney & Associates (“BGA”) and MaxVac Inc. (“MaxVac”). DXP funded the acquisitions with cash on the balance sheet. BGA is a leading manufacturers representative in the municipal water and wastewater treatment headquartered in Omaha, Nebraska. MaxVac is a leading vacuum pump sales, repair and maintenance provider servicing the Central Valley and San Francisco, California markets focused on customers in the electronics, semiconductor, food & beverage, pharmaceutical an...

 PRESS RELEASE

DXP Enterprises, Inc. Reports Third Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the third quarter ended September 30, 2024. The following are results for the three months ended September 30, 2024, compared to the three months ended September 30, 2023, and June 30, 2024, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. Third Quarter 2024 Financial Highlights: Sales increased 6.1 percent sequentially to $472.9 million, compared to $445.6 million for the second quarter of 2024 a...

 PRESS RELEASE

DXP Enterprises, Inc. Announces Third Quarter 2024 Earnings Release an...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business 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 third quarter ended September 30, 2024, on Monday, November 4th. The earnings announcement will be released after the U.S. stock market closes. DXP will host a conference call, to be web cast live, on the Company’s website () at 10:30 AM Central Time on Tuesday, November 5th. Th...

 PRESS RELEASE

DXP Enterprises, Inc. Refinances Existing Debt and Raises an Increment...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on refinancing existing Senior Secured Term Loan B (“TLB”) borrowings and raising an incremental $105 million in TLB borrowings. Including the new borrowings, DXP will have $649.5 million in Senior Secured Term Loan B borrowings. The TLB borrowings mature on October 13, 2030, and are priced at Term SOFR plus an applicable margin of 3.75 percent. DXP intends to use the proceeds to repay borrowings under DXP’s existing Senior Secured Term Loan B, and the remaining for general corporate purposes, p...

DXP Enterprises Inc: Growing earnings support recent increases in debt

Our credit view of this issuer reflects its moderate leverage and good liquidity, offset by its modest scale for rating category.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of DXP Enterprises Inc and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 30 September 2024 in which we reassessed the appropriateness of the ratings in the cont...

 PRESS RELEASE

DXP Enterprises, Inc. Announces Acquisition of Hartwell Environmental ...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Hartwell Environmental Corporation (“Hartwell”). Founded in 1976, Hartwell is headquartered in Tomball, Texas and operates out of three locations servicing the Texas, Oklahoma and surrounding markets. Hartwell is a leading manufacturer’s representative of pumps, controls and process equipment focused on serving the water and wastewater industry. DXP funded the acquisition with cash from the balance sheet. “We are pleased to announce the acquisition of Hartwell Environmen...

 PRESS RELEASE

DXP Enterprises, Inc. Announces New Share Repurchase Program

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million or 2.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management. This is after the successful completion of the previous program, whereby, the Company completed the repurchase of $85 million or 2.8 million shares, under the 2-year program which began in December of 2022. The shares under the new program may be purchas...

 PRESS RELEASE

DXP Enterprises, Inc. Reports Second Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the second quarter ended June 30, 2024. The following are results for the three months ended June 30, 2024, compared to the three months ended June 30, 2023, and March 31, 2024, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. Second Quarter 2024 Financial Highlights: Sales increased 8.0 percent sequentially to $445.6 million, compared to $412.6 million for the first quarter of 2024 and increase...

 PRESS RELEASE

DXP Enterprises, Inc. Announces Second Quarter 2024 Earnings Release a...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business 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 second quarter ended June 30, 2024, on Thursday, August 8th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website () at 10:30 AM Central Time on Friday, August 9th. The call and an acc...

 PRESS RELEASE

DXP Enterprises, Inc. Reports First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2024. The following are results for the three months ended March 31, 2024, compared to the three months ended March 31, 2023 and December 31, 2023, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. First Quarter 2024 Financial Highlights: Sales increased 1.4 percent sequentially to $412.6 million, compared to $407.0 million for the fourth quarter of 2023 and decr...

 PRESS RELEASE

DXP Sets Date for 2024 First Quarter Earnings Release and Conference C...

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 first quarter ended March 31, 2024, on Wednesday, May 8th, after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website () at 10:30 A.M. Central Time on Thursday, May 9th. The call and an accompanying slide presentation will be on the "Investor Relations" section of DXP's ...

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