Global Industrial Company Reports Third Quarter 2025 Financial Results
Global Industrial Company (NYSE:GIC) reported third quarter 2025 results for the period ended September 30, 2025. Net sales were $353.6 million, up 3.3% year-over-year. Gross profit rose to $126.0 million and gross margin improved to 35.6%. Operating income from continuing operations increased 18.5% to $26.3 million (operating margin 7.4%). Net income per diluted share from continuing operations was $0.48.
Year-to-date sales were $1,033.5 million and operating income from continuing operations was $78.0 million. Cash and cash equivalents were $67.2 million, with approximately $120.5 million excess availability on the credit facility. The board declared a $0.26 per-share cash dividend payable November 17, 2025.
Global Industrial Company (NYSE:GIC) ha riportato i risultati del terzo trimestre 2025 per il periodo terminato il 30 settembre 2025. Le vendite nette sono state 353,6 milioni di dollari, in crescita del 3,3% anno su anno. Il profitto lordo è aumentato a 126,0 milioni di dollari e il margine lordo è migliorato al 35,6%. Il reddito operativo da attività continuative è aumentato dell'18,5% a 26,3 milioni di dollari (margine operativo 7,4%). L'utile per azione diluita da attività continuative è stato di 0,48 dollari.
Le vendite da inizio anno sono state 1.033,5 milioni di dollari e il reddito operativo da attività continuative è stato di 78,0 milioni di dollari. La cassa e le disponibilità liquide erano 67,2 milioni di dollari, con circa 120,5 milioni di dollari di disponibilità in eccesso sulla linea di credito. Il consiglio di amministrazione ha dichiarato un dividendo in contanti di 0,26 dollari per azione, pagabile il 17 novembre 2025.
Global Industrial Company (NYSE:GIC) reportó resultados del tercer trimestre de 2025 para el periodo que terminó el 30 de septiembre de 2025. Las ventas netas fueron 353,6 millones de dólares, un incremento del 3,3% interanual. La ganancia bruta subió a 126,0 millones de dólares y el margen bruto mejoró a 35,6%. El ingreso operativo de las operaciones continuas aumentó un 18,5% a 26,3 millones de dólares (margen operativo 7,4%). La utilidad por acción diluida de las operaciones continuas fue de 0,48 dólares.
Las ventas acumuladas del año fueron 1.033,5 millones de dólares y el ingreso operativo de las operaciones continuas fue de 78,0 millones de dólares. La caja y equivalentes de caja eran 67,2 millones de dólares, con aproximadamente 120,5 millones de dólares de disponibilidad excedente en la facilidad de crédito. La junta directiva declaró un dividendo en efectivo de 0,26 dólares por acción, pagadero el 17 de noviembre de 2025.
Global Industrial Company (NYSE:GIC)는 2025년 9월 30일로 끝나는 기간에 대한 2025년 3분기 실적을 발표했습니다. 순매출은 3억 5,360만 달러로 전년 동기 대비 3.3% 증가했습니다. 총이익은 1억 2,600만 달러로 상승했고 총마진은 35.6%로 개선되었습니다. 영업이익은 계속 운용에서 18.5% 증가한 2,630만 달러로 기록되었고(영업마진 7.4%) 지속적 운용의 희석주당순이익은 0.48달러였습니다.
연간 누적 매출은 10억 3,350만 달러이고 지속적 운용의 영업이익은 7,800만 달러였습니다. 현금 및 현금성 자산은 6,720만 달러였고, 신용시설에 대해 약 12억 5천만 달러의 가용 여유가 남아있었습니다. 이사회는 2025년 11월 17일에 지급될 주당 현금 배당금 0.26달러를 선언했습니다.
Global Industrial Company (NYSE:GIC) a publié les résultats du troisième trimestre 2025 pour la période se terminant le 30 septembre 2025. Les ventes nettes s’élèvent à 353,6 millions de dollars, en hausse de 3,3% sur un an. Le profit brut s’est élevé à 126,0 millions de dollars et la marge brute s’est améliorée à 35,6%. Le résultat opérationnel des activités continues a augmenté de 18,5% pour atteindre 26,3 millions de dollars (marge opérationnelle 7,4%). Le bénéfice par action dilué des activités continues était de 0,48 dollar.
Les ventes cumulées de l’année s’élèvent à 1 033,5 millions de dollars et le résultat opérationnel des activités continues est de 78,0 millions de dollars. La trésorerie et équivalents de trésorerie s’élevaient à 67,2 millions de dollars, avec environ 120,5 millions de dollars de disponibilité excédentaire sur la facilité de crédit. Le conseil d’administration a déclaré un dividende en espèces de 0,26 dollar par action, payable le 17 novembre 2025.
Global Industrial Company (NYSE:GIC) meldete die Ergebnisse des dritten Quartals 2025 für den Zeitraum zum 30. September 2025. Nettoumsatz betrugen 353,6 Millionen US-Dollar, ein Anstieg von 3,3% gegenüber dem Vorjahr. Bruttogewinn stieg auf 126,0 Millionen US-Dollar und Bruttomarge verbesserte sich auf 35,6%. Betriebsergebnis aus fortgeführten Tätigkeiten kletterte um 18,5% auf 26,3 Millionen US-Dollar (Betriebsmarge 7,4%). verwässerter Gewinn je Aktie aus fortgeführten Tätigkeiten betrug 0,48 US-Dollar.
Die Umsätze im laufenden Jahr betrugen 1.033,5 Millionen US-Dollar und das Betriebsergebnis aus fortgeführten Tätigkeiten belief sich auf 78,0 Millionen US-Dollar. Kasse und Zahlungsmittel beliefen sich auf 67,2 Millionen US-Dollar, mit rund 120,5 Millionen US-Dollar überschüssiger Verfügbarkeit auf der Kreditfazilität. Der Vorstand hat eine Bardividende von 0,26 US-Dollar pro Aktie angekündigt, zahlbar am 17. November 2025.
Global Industrial Company (NYSE:GIC) أعلنت عن نتائج الربع الثالث من عام 2025 للفترة المنتهية في 30 سبتمبر 2025. إيرادات صافیة كانت 353.6 مليون دولار، بارتفاع 3.3% على أساس سنوي. الربح الإجمالي ارتفع إلى 126.0 مليون دولار و
المبيعات حتى تاريخه للسنة بلغت 1,033.5 مليون دولار والدخل التشغيلي من الأنشطة المستمرة كان 78.0 مليون دولار. النقد النقدي وما يعادله كان 67.2 مليون دولار، مع توفر بنحو 120.5 مليون دولار فائض على تسهيلة الائتمانية. قرر مجلس الإدارة توزيع أرباح نقدية قدرها 0.26 دولار للسهم الواحد، ستُدفع في 17 نوفمبر 2025.
全球工业公司（NYSE:GIC） 报告了截至 2025 年 9 月 30 日的 2025 年第三季度业绩。净销售额为 3.536 亿美元，同比增长 3.3%。毛利润增至 1.260 亿美元，毛利率提升至 35.6%。来自持续经营的营业利润增至 2,630 万美元（营业利润率 7.4%）。来自持续经营的摊薄后每股收益 为 0.48 美元。
年初至今的销售额为 10.335 亿美元，来自持续经营的营业利润为 7800 万美元。现金及现金等价物为 6720 万美元，信贷额度的可用余额约为 1.205 亿美元。董事会宣布每股现金股息 0.26 美元，于 2025 年 11 月 17 日支付。
- Operating income +18.5% to $26.3M in Q3 2025
- YTD operating income +18.2% to $78.0M through Sep 30, 2025
- Gross margin expanded to 35.6% in Q3 2025 (up 160 bps)
- Declared cash dividend of $0.26 per share payable Nov 17, 2025
- Quarter operating cash flow provided $22.6M
- Liquidity of $67.2M cash and ~$120.5M credit availability
- Revenue growth was modest at +3.3% in Q3 2025
- Nine-month sales growth only +2.0% through Sep 30, 2025
Insights
Solid quarter: revenue and margins rose, operating income jumped, and the board declared a cash dividend.
Global Industrial Company grew consolidated sales to
Liquidity and cash generation support near-term flexibility: cash and equivalents were
Key dependencies and risks include continued progress with the company’s strategic accounts and execution of its go-to-market transformation; both are cited as drivers of performance but require follow-through. Watch quarterly revenue trends, gross margin levels, and operating cash flow over the next two quarters to assess durability. Also monitor the upcoming conference call today for management color on customer momentum and transformation milestones within the next 3–6 months.
Sales of
Operating Income Increased
Board Declared
PORT WASHINGTON, NY / ACCESS Newswire / October 28, 2025 / Global Industrial Company (NYSE:GIC), a value-added distributor and source for industrial equipment and supplies today announced financial results for the third quarter ended September 30, 2025.
Performance Summary* (U.S. dollars in millions, except per share data) | ||||||||||||||||
Highlights | Quarter Ended September 30, | Nine Months Ended September 30, | ||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Net sales | $ | 353.6 | $ | 342.4 | $ | 1,033.5 | $ | 1,013.6 | ||||||||
Gross profit | $ | 126.0 | $ | 116.3 | $ | 371.1 | $ | 349.7 | ||||||||
35.6 | % | 34.0 | % | 35.9 | % | 34.5 | % | |||||||||
Operating income from continuing operations | $ | 26.3 | $ | 22.2 | $ | 78.0 | $ | 66.0 | ||||||||
7.4 | % | 6.5 | % | 7.5 | % | 6.5 | % | |||||||||
Net income from continuing operations | $ | 18.8 | $ | 16.8 | $ | 57.4 | $ | 50.1 | ||||||||
Net income per diluted share from continuing operations | $ | 0.48 | $ | 0.44 | $ | 1.48 | $ | 1.30 | ||||||||
Net income from discontinued operations | $ | 0.0 | $ | 0.0 | $ | 0.1 | $ | 0.2 | ||||||||
Net income per diluted share from discontinued operations | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.01 | ||||||||
* | Global Industrial Company manages its business and reports using a 52-53 week fiscal year that ends at midnight on the Saturday closest to December 31. For clarity of presentation, fiscal years and quarters are described as if they ended on the last day of the respective calendar month. The actual fiscal quarters ended September 27, 2025 and September 28, 2024, respectively. The third quarters of both 2025 and 2024 included 13 weeks and the first nine months of both 2025 and 2024 included 39 weeks. |
Third Quarter 2025 Financial Summary:
Consolidated sales increased
3.3% to$353.6 million compared to$342.4 million last year.Consolidated gross margin increased to
35.6% compared to34.0% last year.Consolidated operating income from continuing operations increased
18.5% to$26.3 million compared to$22.2 million last year.Net income per diluted share from continuing operations increased
9.1% to$0.48 compared to$0.44 last year.
Year to Date Q3 2025 Financial Summary:
Consolidated sales increased
2.0% to$1.03 billion compared to$1.01 billion last year.Consolidated gross margin increased to
35.9% compared to34.5% last year.Consolidated operating income from continuing operations increased
18.2% to$78.0 million compared to$66.0 million last year.Net income per diluted share from continuing operations increased
13.8% to$1.48 compared to$1.30 last year.
Anesa Chaibi, Chief Executive Officer, said, "We delivered our second consecutive quarter of revenue growth and strong profitability, reflecting solid execution and proactive management of the business. Revenue increased
"We are advancing the transformation of our business model and elevating the placement of the customer at the center of everything we do. This includes the reframing of our go-to-market strategy to take a more intentional approach to attracting customers, expanding the solutions and products we offer, and enhancing our ability to serve customers. Executing on these initiatives will better position the business to grow, capitalize on new opportunities, and broaden the total addressable market we actively pursue."
As of September 30, 2025, the Company had total working capital of
Earnings Conference Call Details
Global Industrial Company will host a conference call and question and answer session on its third quarter 2025 results today, October 28, 2025 at 5:00 p.m. Eastern Time. A live webcast of the call will be available on the Company's website at https://investors.globalindustrial.com in the events section. The webcast will also be archived on the website for approximately 90 days.
About Global Industrial Company
Global Industrial Company (NYSE:GIC), through its operating subsidiaries, is a value-added distributor and source for industrial equipment and supplies. Leveraging over 75 years of experience, Global Industrial specializes in providing MRO solutions to businesses ranging from small to enterprise, and to the public sector. Global Industrial is committed to its customer-centric strategy and uses industry expertise, products from its Global Industrial Exclusive BrandsTM, and nationally known brands to provide customers with a breadth of offerings to meet their needs. At Global Industrial, "We Can Supply That®".
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by the Company from time to time in filings with the Securities and Exchange Commission or otherwise. Any such statements that are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management's estimates, assumptions and projections and are not guarantees of future performance. When used in this release, the words "anticipates," "believes," "estimates," "expects," "intends," and "plans" and variations thereof and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this report are based on the Company's beliefs and expectations as of the date of this report and are subject to risks and uncertainties which may have a significant impact on the Company's business, operating results or financial condition. Investors are cautioned that these forward-looking statements are inherently uncertain and undue reliance should not be placed on them. Important risk factors that may affect our future results of operations and financial condition are detailed from time to time in our Securities and Exchange Commission filings. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected events, except as may be required by applicable law.
Investor/Media Contacts:
Mike Smargiassi / Collin Dreizen
The Plunkett Group
212-739-6729
mike@theplunkettgroup.com / collin@theplunkettgroup.com
GLOBAL INDUSTRIAL COMPANY
Condensed Consolidated Statements of Operations - Unaudited
(In millions, except per share amounts)
Quarter Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Net sales | $ | 353.6 | $ | 342.4 | $ | 1,033.5 | $ | 1,013.6 | ||||||||
Cost of sales | 227.6 | 226.1 | 662.4 | 663.9 | ||||||||||||
Gross profit | 126.0 | 116.3 | 371.1 | 349.7 | ||||||||||||
Gross margin | 35.6 | % | 34.0 | % | 35.9 | % | 34.5 | % | ||||||||
Selling, distribution and administrative expenses | 99.7 | 94.1 | 293.1 | 283.7 | ||||||||||||
Operating income from continuing operations | 26.3 | 22.2 | 78.0 | 66.0 | ||||||||||||
Operating margin | 7.4 | % | 6.5 | % | 7.5 | % | 6.5 | % | ||||||||
Interest and other expense, net | 0.2 | 0.0 | 0.0 | 0.3 | ||||||||||||
Income from continuing operations before income taxes | 26.1 | 22.2 | 78.0 | 65.7 | ||||||||||||
Provision for income taxes | 7.3 | 5.4 | 20.6 | 15.6 | ||||||||||||
Net income from continuing operations | 18.8 | 16.8 | 57.4 | 50.1 | ||||||||||||
Net income from discontinued operations | 0.0 | 0.0 | 0.1 | 0.2 | ||||||||||||
Net income | $ | 18.8 | $ | 16.8 | $ | 57.5 | $ | 50.3 | ||||||||
Net income per common share from continuing operations: | ||||||||||||||||
Basic | $ | 0.48 | $ | 0.44 | $ | 1.48 | $ | 1.30 | ||||||||
Diluted | $ | 0.48 | $ | 0.44 | $ | 1.48 | $ | 1.30 | ||||||||
Net income per common share from discontinued operations: | ||||||||||||||||
Basic | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.01 | ||||||||
Diluted | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.01 | ||||||||
Net income per common share: | ||||||||||||||||
Basic | $ | 0.48 | $ | 0.44 | $ | 1.48 | $ | 1.31 | ||||||||
Diluted | $ | 0.48 | $ | 0.44 | $ | 1.48 | $ | 1.31 | ||||||||
Weighted average common and common equivalent shares: | ||||||||||||||||
Basic | 38.4 | 38.3 | 38.4 | 38.2 | ||||||||||||
Diluted | 38.5 | 38.4 | 38.4 | 38.4 | ||||||||||||
GLOBAL INDUSTRIAL COMPANY
Condensed Consolidated Balance Sheets - Unaudited
(In millions)
September 30, | December 31, | |||||||
2025 | 2024 | |||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 67.2 | $ | 44.6 | ||||
Accounts receivable, net | 149.1 | 126.5 | ||||||
Inventories | 174.6 | 167.1 | ||||||
Prepaid expenses and other current assets | 13.3 | 14.4 | ||||||
Total current assets | 404.2 | 352.6 | ||||||
Property, plant and equipment, net | 18.8 | 19.1 | ||||||
Operating lease right-of-use assets | 103.7 | 72.7 | ||||||
Goodwill and intangibles | 65.1 | 65.7 | ||||||
Other assets | 10.7 | 10.6 | ||||||
Total assets | $ | 602.5 | $ | 520.7 | ||||
Current liabilities: | ||||||||
Accounts payable and accrued expenses | $ | 169.8 | $ | 154.3 | ||||
Operating lease liabilities | 14.9 | 14.1 | ||||||
Total current liabilities | 184.7 | 168.4 | ||||||
Operating lease liabilities | 100.1 | 69.0 | ||||||
Other liabilities | 1.7 | 2.2 | ||||||
Shareholders' equity | 316.0 | 281.1 | ||||||
Total liabilities and shareholders' equity | $ | 602.5 | $ | 520.7 | ||||
GLOBAL INDUSTRIAL COMPANY
Condensed Consolidated Statements of Cash Flows - Unaudited
(In millions)
Nine Months Ended September 30, | ||||||||
2025 | 2024 | |||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||
Net income from continuing operations | $ | 57.4 | $ | 50.1 | ||||
Adjustments to reconcile net income from continuing operations to net cash provided by (used in) operating activities: | ||||||||
Depreciation and amortization | 5.8 | 5.8 | ||||||
Stock-based compensation | 5.9 | 1.1 | ||||||
Benefit from deferred taxes | 0.0 | (0.1 | ) | |||||
Change in working capital | (12.1 | ) | (24.2 | ) | ||||
Other, net | 0.7 | 1.9 | ||||||
Net cash provided by operating activities from continuing operations | 57.7 | 34.6 | ||||||
Net cash provided by operating activities from discontinued operations | 0.1 | 0.2 | ||||||
Net cash provided by operating activities | 57.8 | 34.8 | ||||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
Purchases of property, plant and equipment | (2.3 | ) | (3.1 | ) | ||||
Acquisition | (4.0 | ) | 0.0 | |||||
Net cash used in investing activities | (6.3 | ) | (3.1 | ) | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
Dividends paid | (30.2 | ) | (28.8 | ) | ||||
Stock-based compensation share issuances, net | 1.5 | 1.7 | ||||||
Net cash used in financing activities | (28.7 | ) | (27.1 | ) | ||||
EFFECT OF EXCHANGE RATE CHANGES ON CASH | (0.2 | ) | (0.1 | ) | ||||
NET INCREASE IN CASH | 22.6 | 4.5 | ||||||
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD | 44.6 | 34.4 | ||||||
CASH AND CASH EQUIVALENTS - END OF PERIOD | $ | 67.2 | $ | 38.9 | ||||
SOURCE: Global Industrial Company
View the original press release on ACCESS Newswire
FAQ
What were Global Industrial Company (GIC) third quarter 2025 sales and EPS?
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When and how much is the GIC dividend declared October 28, 2025?
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What were Global Industrial (GIC) year-to-date sales and operating income through Q3 2025?
Will Global Industrial (GIC) host an earnings call for Q3 2025 and where can investors listen?
