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Home » Distribution Industry News » Distribution Solutions Group Sales Up 17.6% in Second Quarter

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  • Published on: August 4, 2023

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Distribution Industry News

Distribution Solutions Group Sales Up 17.6% in Second Quarter

Distribution Solutions Group, Inc. (NASDAQ:DSGR), a multi-platform specialty distribution company providing high-touch, value-added distribution solutions to the maintenance, repair & operations (MRO), the original equipment manufacturer (OEM) and the industrial technologies markets, announced second-quarter sales were $378 million, up 17.6%.

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Second-quarter results included just over three weeks of Hisco results, acquired in June.

Net income for the quarter was $3 million.

Sales in the first six months were $726.3 million, up from $475.4 million last year, in large part due to acquisitions. Net income for the first half was $8.9 million.

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