UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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Registrant's telephone number, including area code:

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[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02. REGULATION FD DISCLOSURE

The following information is furnished pursuant to Regulation FD.

On March 2, 2005, DXP Enterprises, Inc., issued a press release announcing financial results for the quarterly period and fiscal year ended December 31, 2004, a copy of which is furnished as Exhibit 99.1 hereto, which is incorporated herein by reference. Such exhibit (i) is furnished pursuant to Item 2.02 of Form 8-K, (ii) is not to be considered "filed" under the Securities Exchange Act of 1934, as amended (the "Exchange Act") and (iii) shall not be incorporated by reference into any previous or future filings made by or to be made by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DXP ENTERPRISES, INC.

March 2, 2005 By: /s/Mac McConnell

Mac McConnell

Senior Vice President and

Chief Financial Officer

INDEX TO EXHIBITS

Introductory Note: The following exhibit is furnished pursuant to Item 2.02 of Form 8-K and is not to be considered "filed" under the Exchange Act and shall not be incorporated by reference into any of the Company's previous or future filings under the Securities Act or the Exchange Act.

99.1 Press Release dated March 2, 2005 regarding financial results for the
quarterly period and fiscal year ended December 31, 2004

Houston, TX, -- March 2, 2005 - DXP Enterprises, Inc. (NASDAQ: DXPE) today announced net income of $0.6 million for the fourth quarter ending December 31, 2004, with diluted earnings per share of $.12 compared to net income of $0.5 million and diluted income per share of $.09 for the fourth quarter of 2003. Sales increased to $37.7 million from $35.1 million for the fourth quarter of last year. Gross profit margins improved to 26.0% for the fourth quarter of 2004 from 23.2% for the third quarter of 2004.

For the year ended December 31, 2004, DXP reported net income of $2.8 million, with diluted earnings per share of $.50 compared to net income of $2.1 million, with diluted earnings per share of $.42 for 2003. Sales increased to $160.6 million for 2004 from $150.7 million for 2003.

David R. Little, Chairman and Chief Executive Officer said "We are pleased that our strategy to grow our top line through our value added services and cost saving programs for our customers and our continued efforts to use technology and create a more efficient supply chain process have increased our productivity, resulting in a 34% increase in net income. We believe that DXP will continue to benefit from an increased number of customers that seek to achieve greater efficiencies and cost savings that our value added services offer. We believe that we are positioned to leverage these services for internal growth and enhanced value in future acquisitions."

DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry since 1908. The company provides innovative pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services that emphases and utilize DXP's vast product knowledge and technical expertise in pumps, bearings, power transmission, seals, hose, safety, fluid power, electrical and industrial supplies. The company's breadth of MROP products and service solutions allows DXP to be flexible and customer driven creating a competitive advantages for our customers.

The company's innovative pumping solutions provide engineering, fabrication and technical design to meet the capital equipment needs of its global customer base. DXP provides their solutions by utilizing manufacturer authorized equipment and certified personnel. Pump packages require MRO and OEM equipment such as pumps, motors and valves, and consumable products. DXP leverages its MROP inventories and technical knowledge to lower the total cost and maintain the quality of the pump package.

SmartSource, a DXP integrated supply program, allows a more efficient way to manage the customer's supply chain needs for MROP products. The program allows the customer to transfer all or part of their supply chain needs to DXP, so the customer can focus on their core business. SmartSource effectively lowers costs by outsourcing purchasing, accounting, and on-site supply management to DXP, which reduces the duplication of effort by the customer and supplier. DXP's broad range of first-tier products provides an efficient measurable solution to reduce cost and streamline procurement and sourcing operations.