• Skip to primary navigation
  • Skip to main content
Distribution Strategy Group

Distribution Strategy Group

  • Blog
    • Digital Strategy
    • Marketing Effectiveness
    • Sales Channel Strategy
    • Strategic Planning
    • Marketplaces
    • Disruptive Technologies
    • Industry Analysis
  • Reports
  • Events
  • Wholesale Change Show
  • Newsletter
  • Consulting
    • Distribution Strategy Consulting
    • Digital Strategy for Distributors
    • eCommerce Strategy
    • Customer Lifecycle Management Strategy
    • B2B Customer Analytics
  • Sponsorships
  • About
    • Contact
  • Show Search
Hide Search

DXP Enterprises Sales Up 30.1% in 1Q 2022 

Jonathan Bein · May 10, 2022 · Leave a Comment

DXP Enterprises, Inc. (NASDAQ: DXPE) announced sales in the first quarter of 2022 were $319.4 million, a 9% sequential and 30.1% year-over-year increase. Net income was $12.6 million.  

Don’t miss any content from Distribution Strategy Group. Join our list.    

Service Centers revenue for the first quarter was $218.8 million, Innovative Pumping Solutions revenue was $53.1 million, and Supply Chain Services revenue was $47.6 million. All three business segments saw a year-over-year increase of 17.4%, 128.3% and 32.2%, respectively. 

“Our first-quarter results reflect what we see as momentum building in our business. We are pleased with DXP’s first-quarter results, which included sequential sales and operating income growth across all three business segments. Our improved momentum continued in the first quarter as our DXPeople worked together to manage through supply chain challenges and get in front of rising product costs,” Chairman and CEO David R. Little said.

Distribution Industry News

About Jonathan Bein

Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s developed customer-facing analytics approaches for customer segmentation, customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at [email protected].

Wholesale Change Podcast

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get inspired to act now. Get our content in your inbox 2x/week. Subscribe

Distribution Strategy Group

Copyright © 2022 · Log in

  • Blog
  • Upcoming Events
  • Wholesale Change Show
  • Industry Research Reports
  • Contact Us
  • Sponsorships Media Kit