NEW YORK, May 19, 2014 /PRNewswire/ -- Wolf Popper LLP is investigating potential claims on behalf of investors of DXP Enterprises, Inc. common stock ("DXP") (NASDAQ: DXPE) during the period between December 9, 2013 and May 12, 2014, concerning possible violations of federal securities laws. Such investors are advised to contact Fei-Lu Qian at 877.370.7703 or fqian@wolfpopper.com.
On May 12, 2014, DXP reported its first quarter 2014 financial results, among other things, a diluted earnings per share of $0.75 per share, compared to analysts' estimate of $1.17 per share. The company attributed the disappointing results to, in part, flat organic sales and declines within DXP's Service Centers and Supply Chain Services, respectively. However, less than two months earlier, DXP's Chief Executive Officer touted, "2014 is much brighter for all three segments and all five divisions forecast much improved organic growth."
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SOURCE Wolf Popper LLP
