DXP Enterprises, Inc. (NASDAQ: DXPE), MRO and industrial distributor, reported fourth-quarter sales for the period ending Dec. 31, 2023, were $407 million, roughly flat from the same period a year ago.
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Sales for the full year 2023 were $1.7 billion, up 13.4%. Profit was $68 million.
Service Center revenue for the fiscal year was $1.1 billion, an increase of 13.4% year over year. Innovative Pumping Solutions revenue was $273.2 million, up 18.2%. Supply Chain Services revenue was $260.4 million, up 8.3%.
