DXP Enterprises Q2 sales rise 15.6%

DXP Enterprises

05/08/2026 22:05

Overview
Industrial products distributor's Q2 sales rose 15.6% yr/yr, driven by organic growth and acquisitions
Diluted EPS for Q2 increased to $1.76 from $1.43 last year
Company completed four acquisitions in Q2, supporting segment revenue growth

Outlook
Company expects to finish fiscal 2026 with strong momentum
DXP Enterprises says macro environment remains uncertain, citing fiscal and geopolitical concerns
Company remains focused on executing strategic initiatives and pursuing acquisitions for growth in 2027

Result Drivers
ACQUISITIONS - Recent acquisitions contributed $49.8 mln in Q2 sales, supporting overall revenue growth
ORGANIC GROWTH - Solid organic performance was a key driver of higher sales, according to CEO David R. Little
SEGMENT GROWTH - Innovative Pumping Solutions revenue rose 52.6% yr/yr, outpacing other segments

Company press release: ID:nBw4h624la

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$576.46 mln
$543 mln (2 Analysts)
Q2 Net Income
Beat
$28.71 mln
$26 mln (2 Analysts)
Q2 Operating income
Beat
$55.49 mln
$52 mln (2 Analysts)
Q2 Pretax Profit
Beat
$39.72 mln
$35 mln (1 Analyst)
Q2 Gross Profit
 
$183.07 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for DXP Enterprises, Inc. is $156.60, about 8.4% below its August 4 closing price of $170.98
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 25 three months ago

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Aug 5 - Regal Rexnord Q2 adjusted EPS beats on tariff refund benefit

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)