Posted August 6, 2020
DXP Enterprises sales fall 24.6 percent
DXP Enterprises reported that its second-quarter sales declined 24.6 percent to $251.4 million, compared to $333.3 million for the second quarter of 2019.
Net income of $2.1 million, or 12 cents per diluted share, compared to $13.4 million, or 73 cents, in last year's second quarter.
By segment, sales were $153.8 million for Service Centers, $60.5 million for Innovative Pumping Solutions and $37.1 million for Supply Chain Services.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
