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Stock impact report

Q1 Earnings Roundup: DXP (NASDAQ:DXPE) And The Rest Of The Maintenance and Repair Distributors Segment [Yahoo! Finance]

DXP Enterprises, Inc. (DXPE) 
Last dxp enterprises, inc. earnings: 3/6 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Supply chain and inventory management are themes that grew in focus after COVID wreaked havoc on the global movement of raw materials and components. Maintenance and repair distributors that boast reliable selection and quickly deliver products to customers can benefit from this theme. While e-commerce hasn't disrupted industrial distribution as much as consumer retail, it is still a real threat, forcing investment in omnichannel capabilities to serve customers everywhere. Additionally, maintenance and repair distributors are at the whim of economic cycles that impact the capital spending and construction projects that can juice demand. The 7 maintenance and repair distributors stocks we track reported a slower Q1; on average, revenues were in line with analyst consensus estimates. Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. But the beginning of 2024 has seen more volatile stock performance due to Show less Read more
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