Welcome to our dedicated page for Global Industrial Co news (Ticker: GIC), a resource for investors and traders seeking the latest updates and insights on Global Industrial Co stock.
Global Industrial Co (GIC) delivers essential industrial equipment and MRO supplies to businesses across North America, leveraging 75+ years of distribution expertise. This dedicated news hub provides investors and professionals with direct access to the company's official announcements and strategic updates.
Track critical developments including earnings reports, product launches, supply chain partnerships, and operational milestones. Our curated collection ensures you stay informed about GIC's evolving role in industrial distribution and facility maintenance solutions.
Discover updates on leadership changes, technology implementations, and market expansion efforts that shape the company's customer-centric approach. All content is verified from primary sources to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to GIC's latest business developments. Combine these updates with our analysis tools to monitor the company's performance in the competitive industrial supplies sector.
Global Industrial Company (NYSE:GIC) reported strong Q2 2025 financial results, achieving record profitability. Sales increased 3.2% to $358.9 million, while operating income surged 27% to $33.5 million. The company achieved a record quarterly gross margin of 37.1%, up from 35.2% last year.
Net income per diluted share from continuing operations rose 25% to $0.65. The company maintains a strong financial position with $55.1 million in cash and working capital of $206.7 million. The Board declared a dividend of $0.26 per share, payable on August 18, 2025.
Global Industrial Company (NYSE:GIC), a national distributor of industrial equipment and supplies, has scheduled its Q2 2025 earnings release for July 29, 2025, after market hours.
The company will host a conference call and Q&A session at 5:00 p.m. Eastern Time on the same day. Investors can access the call by dialing (412)-317-6347 five minutes before the start time. A webcast will also be available on the company's investor relations website, with an archived version accessible for approximately 90 days.
Global Industrial Company (NYSE:GIC), a national distributor of industrial equipment and supplies, will exhibit at ASSP Safety 2025 from July 22-24 at Orange County Convention Center in Orlando, FL. The company will showcase its comprehensive safety solutions at Booth #2115.
The exhibition will feature their full range of workplace safety products including Personal Protective Equipment (PPE), risk reduction resources, material handling solutions, ergonomic products, and maintenance supplies. Senior Director Armin Mehic emphasized the company's focus on providing practical safety solutions that support compliance and operational efficiency across industrial, construction, and commercial environments.
Global Industrial Company (NYSE:GIC), a national distributor of industrial equipment and supplies, has announced its participation in the upcoming William Blair Growth Stock Conference. The company's management will deliver a presentation on June 4, 2025, at 2:20 p.m. ET. Investors can access the live broadcast and replay through a webcast available on the company's investor relations website. Additionally, management will conduct one-on-one meetings with investors during the conference day.
Global Industrial Company (NYSE:GIC) is continuing its support for K9s For Warriors through its 'Partnerships With Purpose' service initiative at the upcoming NASCAR Xfinity Series race at Charlotte Motor Speedway during Memorial Day weekend. The company will feature K9s For Warriors on the No. 21 Chevrolet, driven by Austin Hill.
K9s For Warriors is a nonprofit organization that provides free, highly-trained service dogs to U.S. military veterans suffering from PTSD, traumatic brain injury, and other invisible war wounds. The event will include a VIP experience for K9s For Warriors team members and current servicemembers at Charlotte Motor Speedway on May 24, 2025, with the race scheduled to begin at 4:00 p.m. ET.
Global Industrial Company (NYSE:GIC) has announced its first-time participation in the National Restaurant Association Show 2025, scheduled for May 17-20 at McCormick Place in Chicago. The company will showcase its comprehensive range of restaurant and food service solutions at Booth #5353 in the South Building.
The exhibition will feature various product categories including: food preparation and storage solutions (refrigeration, freezers, preparation tables, shelving), restaurant furniture (indoor/outdoor furnishings), and facilities maintenance equipment. Visitors can enter a giveaway to win a Nexel® Merchandiser Refrigerator and engage with category experts to explore solutions for both front-of-house and back-of-house operations.
Global Industrial Company (NYSE:GIC) reported its Q1 2025 financial results with sales of $321.0 million, showing a slight decrease of 0.7% compared to Q1 2024. Despite a soft January start, the company demonstrated resilience with improved performance through March.
Key highlights include:
- Gross margin increased to 34.9% from 34.3%
- Operating income grew 4.6% to $18.2 million
- Net income per diluted share rose 2.9% to $0.35
- Board declared $0.26 dividend payable May 19, 2025
CEO Anesa Chaibi highlighted strong execution across operations and noted recent tariffs' impact on supply chains. The company maintains a robust financial position with $192.5 million in working capital, $39.0 million in cash, and credit facility availability of $120.5 million.
Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, has scheduled its first quarter 2025 financial results release for Tuesday, April 29, 2025, after U.S. market hours. The company will host a conference call and Q&A session at 5:00 p.m. Eastern Time on the same day.
Investors can access the call by dialing (412)-317-6347 five minutes before the start time. A webcast will also be available on the company's investor relations website, with an archived version accessible for approximately 90 days following the event.
Global Industrial Company (NYSE:GIC) has announced a multi-year partnership with Oak View Group (OVG), a global leader in venue development and management. As the primary source for industrial equipment and supplies, Global Industrial will support OVG's North American live entertainment and sports venues with solutions in storage, safety, material handling, maintenance, and HVAC systems.
The partnership includes Global Industrial joining OVG's GOAL (Green Operations & Advanced Leadership) network as an official solutions provider, focusing on enhancing sustainability efforts and reducing environmental footprint at member venues. The collaboration aims to streamline operations and deliver exceptional experiences across OVG's portfolio of iconic sports and entertainment venues.
Global Industrial Company (NYSE:GIC) will showcase its latest industrial equipment innovations at ProMat 2025, taking place March 17-20 in Chicago. The company will unveil two major products: the Recirculating Water Auto Ride-On Floor Scrubber and a new Electric Pallet Jack.
The floor scrubber features a unique 4-stage filtration process that recycles water, reducing labor costs and water consumption. It offers a 34" cleaning path with an 80-gallon tank. The Electric Pallet Jack provides enhanced productivity and safety with push-button operation and heavy-duty steel construction.
The company has also nominated four products for the 2025 MHI Innovation Awards: the Recirculating Water Floor Scrubber, Pallet Jack Toe Guard Protector, Commercial Air Scrubber & Negative Air Machine, and Bolted Teardrop Pallet Rack. Visitors can explore these innovations at Booth #S5341 in the South Building.
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