Descartes Systems Group

The Descartes Systems Group, Inc. provides on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. It uses modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.

Earnings data Q4 2021

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The Descartes Systems Group, Inc. engages in the provision of on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. It uses modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.

Descartes' (DSGX) advanced MacroPoint FraudGuard software is designed to detect and mitigate fraudulent activities prevalent in logistics and transportation management.

Descartes (DSGX) Introduces MacroPoint FraudGuard Solution

ATLANTA, April 10, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the availability of Descartes MacroPoint™ FraudGuard to help freight brokers, third-party logistics companies (3PLs) and shippers identify and prevent fraudulent activities related to carrier information, load tracking, and shipment status. The new capabilities are now included as part of the subscription for the Descartes MacroPoint service.

New Descartes MacroPoint™ Capabilities Help Combat Fraud in Transportation and Logistics

Fashion brand LOVALL implements Descartes' (DSGX) cutting-edge Ecommerce Warehouse Management System in an effort to enhance productivity and meet customer requirements.

Descartes' (DSGX) Ecommerce Warehouse Solution Used by LOVALL

LONDON and ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that U.K.-based fashion retailer LOVALL, formerly known as Love Leggings, is using Descartes' ecommerce warehouse management system (WMS) to improve productivity by automating fulfilment and optimizing the use of existing warehouse space to hold three times as much inventory. The solution has enabled LOVALL to meet rising ecommerce order volumes without needing to hire additional resources, even during peak periods like this past November when order volumes increased by 28% compared to the same time the previous year.

Fashion Brand LOVALL Improves Fulfilment Productivity with Descartes' Ecommerce Warehouse Management System

Strengthens Descartes' Global Trade Intelligence Content Solutions WATERLOO, Ontario and ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired OCR Services, Inc. (“OCR”), a leading provider of global trade compliance solutions and content. OCR specializes in solutions and content for export compliance and controlled commodities, helping customers streamline and automate processes around denied party screening, license procurement / management, and product classification.

Descartes Acquires OCR

ATLANTA and LONDON, March 26, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Charlotte, NC-based Bahr Transportation, a freight brokerage specializing in the movement of perishable goods across the U.S. and Canada, is using the cloud-based Descartes Aljex™ transportation management system (TMS), together with Descartes MacroPoint™ real-time transportation visibility platform (RTTVP) and automated capacity sourcing solutions. The integrated solutions allow Bahr Transportation to cover more customer freight while providing full visibility across the supply chain to enhance shipper and carrier relationships.

Bahr Transportation Transforms Operations with Descartes' Transportation Management, Freight Visibility and Capacity Sourcing Solutions

LONDON and ATLANTA, March 19, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the U.K.'s leading kitchen retailer, Wren Kitchens, is using Descartes' dynamic appointment scheduling, route planning and optimisation solution to improve surveyor productivity allowing them to complete 56% more customer appointments and significantly reduce its overall ‘cost per appointment', which has saved the company £2million annually. The solution has dramatically improved the productivity of Wren's surveyors, who typically visit a customer's home to provide estimates for kitchen or bedroom renovation projects.

Wren Kitchens Completes 56% More Customer Appointments and Saves £2 million Annually with Descartes Routing Solution

HONG KONG and ATLANTA, March 11, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that MSC Air Cargo, the cargo airline launched in 2022 by container shipper MSC Mediterranean Shipping Company (MSC), is using the Descartes Air Messaging™ solution to better manage air freight shipments. The solution helps standardize electronic communication between stakeholders in the air cargo supply chain, including freight forwarders, ground handling agents (GHA) and government agencies.

MSC Air Cargo Streamlines Shipment Management Using Descartes' Air Messaging Solution

The Descartes Systems Group Inc. (NASDAQ:DSGX ) Q4 2024 Earnings Conference Call March 6, 2024 5:30 PM ET Company Participants Scott Pagan - President and COO Ed Ryan - CEO Allan Brett - CFO Conference Call Participants Justin Long - Stephens Willow Miller - William Blair Paul Treiber - RBC Capital Markets Daniel Chan - TD Cowen Andy Nguyen - Raymond James Robert Young - Canaccord Scott Group - Wolfe Research Kevin Krishnaratne - Scotiabank Raimo Lenschow - Barclays Operator Good afternoon, ladies and gentlemen, and welcome to Descartes Systems Group Quarterly Results Conference Call. At this time, all lines are in a listen-only mode.

The Descartes Systems Group Inc. (DSGX) Q4 2024 Earnings Call Transcript

Record Revenues and Income from Operations WATERLOO, Ontario and ATLANTA, March 06, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2024 fourth quarter (Q4FY24) and year (FY24) ended January 31, 2024. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).

Descartes Announces Fiscal 2024 Fourth Quarter and Annual Financial Results

BUENOS AIRES, Argentina and ATLANTA, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Ecotape, an Argentine auto parts manufacturer, increased international sales by 30% in 2023 using Descartes' global trade intelligence solution, Descartes Datamyne™. The company was able to identify potential buyers based on commodity-level trading volume and value of prospective customers.

Ecotape Increases Exports by 30% Using Descartes' Global Trade Intelligence Solution

ATLANTA and LONDON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Arctic Glacier has improved its distribution network efficiency, its fleet performance and the customer experience by using Descartes' strategic route planning solution to optimize ice distribution from over 100 facilities and 1,000 vehicles to 75,000 customer locations across the U.S. and Canada.

Arctic Glacier Enhances North American Distribution Performance with Descartes Strategic Route Planning Solution

WATERLOO, Ontario and ATLANTA, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its fiscal 2024 fourth-quarter and year-end financial results after market close on Wednesday, March 6, 2024.

Descartes Sets Date to Announce Fiscal 2024 Fourth Quarter and Year-End Financial Results

Transportation & Warehouse Operations Most Challenged by Resource Shortages ATLANTA, Georgia and LONDON, U.K., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its study How Bad Is the Supply Chain and Logistics Workforce Challenge? , which indicates that 76% of the supply chain and logistics leaders surveyed are experiencing notable workforce shortages in their operations.

Descartes' Study Reveals 76% of Supply Chain and Logistics Operations are Experiencing Notable Workforce Shortages

LONDON, U.K. and ATLANTA, Georgia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that U.K.-headquartered PBO Logistics has significantly expanded its business with help from Descartes' last mile delivery solution. The Descartes last mile delivery solution allowed PBO Logistics to plan and execute over five-fold the volume of monthly deliveries.

PBO Logistics Expands Business Using Descartes' Last Mile Delivery Solution

LONDON, UK and ATLANTA, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that U.K.-based ecommerce brand AYBL, an innovative online retailer of activewear, has transformed its warehouse and fulfillment capabilities by replacing paper-based picking and manual fulfillment practices with Descartes' ecommerce warehouse management system (WMS). Using the solution to improve picking efficiency and accuracy, AYBL has doubled its fulfillment capacity with existing staff and can seamlessly scale to fulfill over 70,000 orders a day during peak season.

Activewear Brand AYBL Increases its Fulfillment Efficiency by 100% with Descartes' Ecommerce Warehouse Management System

The Descartes Systems Group Inc. (NASDAQ:DSGX ) Q3 2024 Earnings Conference Call December 5, 2023 5:30 PM ET Company Participants Scott Pagan - President and COO Ed Ryan - Chief Executive Officer Allan Brett - Chief Financial Officer Conference Call Participants Matt Pfau - William Blair Justin Long - Stephens Daniel Chan - TD Cowen Scott Group - Wolfe Research Robert Young - Canaccord Genuity Operator Good afternoon, ladies and gentlemen. And welcome to The Descartes System Group's Quarterly Results Conference Call.

The Descartes Systems Group Inc. (DSGX) Q3 2024 Earnings Call Transcript

Descartes Systems (DSGX) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.31 per share a year ago.

Descartes Systems (DSGX) Lags Q3 Earnings Estimates

Record Revenues as Global Logistics Network Expands WATERLOO, Ontario and ATLANTA, Dec. 05, 2023 (GLOBE NEWSWIRE) --  The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2024 third quarter (Q3FY24). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).

Descartes Announces Fiscal 2024 Third Quarter Financial Results

HAMBURG, Germany and ATLANTA, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Hapag-Lloyd spot rate offers and 30-day short-term rates are now available in the Descartes Global Price Management™ (GPM) solution. Dachser, a top 25 global forwarder, is streamlining ocean shipment booking processes by using the integrated solution to search and retrieve Hapag-Lloyd rates in real-time.

Dachser Streamlines Ocean Shipment Booking with Integration Between Hapag-Lloyd Spot Rates and Descartes Rate Management Solution

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LEIPZIG, Germany and ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that online battery technology and solutions retailer AkkuShop.de has increased fulfillment efficiency by 300% since introducing Descartes' ecommerce warehouse management system (WMS). The solution optimizes order fulfillment and warehouse management processes for online sales from the company's extensive product catalog of over 20,000 items, helping to ensure a high degree of customer satisfaction.

AkkuShop.de Achieves 300% Increase in Fulfillment Efficiency with Descartes Ecommerce Warehouse Management Solution

WATERLOO, Ontario and ATLANTA, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its third quarter fiscal 2024 financial results after market close on Tuesday, December 5, 2023.

Descartes Sets Date to Announce Third Quarter Fiscal 2024 Financial Results

LONDON and ATLANTA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that U.K.-based Spacepro is using the Descartes Customer Engagement Platform™ to enhance the customer journey within its after-care department, which services its sliding door and interior solution products for construction, newbuild and online consumers nationwide.

Spacepro Improves Access Rates and Customer Interaction for Service Appointments using Descartes Customer Engagement Solution

ATLANTA and LONDON, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that California-based Voluspa, a renowned home fragrance retailer, is using Descartes' warehouse management and shipping solution to accelerate order fulfillment and distribution to wholesale and online consumers across the U.S., Canada and other countries worldwide.

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