Global Industrial Co Stock Price, News & Analysis

Global Industrial Company (NYSE:GIC) has launched its first Environmental, Social and Governance (ESG) Report, highlighting its commitment to responsible corporate stewardship. The report emphasizes the company's dedication to sustainability, diversity, and resource management. CEO Barry Litwin stated that the report reflects the company's mission and underscores its ESG principles. The firm supports its initiatives through infrastructure investments, associate empowerment, and a focus on reducing resource consumption. The report is available on the company's dedicated ESG webpage.

Global Industrial Company (NYSE:GIC) announced its participation in the Sidoti & Company Small Cap Virtual Conference on September 21, 2022. CEO Barry Litwin and CFO Tex Clark will present at 11:30 a.m. ET. A live broadcast and replay will be accessible via the company's investor relations webpage. The management will also conduct one-on-one meetings with investors on the same day. Global Industrial has been a trusted distributor of industrial products for over 70 years, offering a vast range of MRO supplies.

Global Industrial Company (NYSE:GIC), a leading distributor of industrial products, will participate in the 12th Annual Midwest IDEAS Investor Conference on August 24, 2022, at 3:15 p.m. ET. Senior VP and CFO Tex Clark will present, with a live webcast accessible via the investor relations section of their website. The company will also hold one-on-one investor meetings that day. With over 70 years of experience, Global Industrial offers over a million products, emphasizing customer success through innovative solutions.

Global Industrial Company (NYSE:GIC) announced participation in the Jefferies Industrials Conference on August 9, 2022. CEO Barry Litwin and CFO Tex Clark will present at 1:30 p.m. ET. The presentation will be available via webcast on the company's investor relations website. Additionally, management will conduct one-on-one meetings with investors on the same day. Global Industrial, a leading distributor of industrial and MRO products, has served its customers for over 70 years, offering an extensive range of products, including exclusive brands.

Global Industrial Company (NYSE:GIC) reported record sales of $318.5 million for Q2 2022, a growth of 16.8% compared to Q2 2021. Operating income also increased 23.5% to $30.5 million, reflecting a strong operating margin of 9.6%. Despite a slight decline in gross margin to 35.5%, net income per diluted share rose 7.3% to $0.59. The company declared a cash dividend of $0.18 per share, payable on August 22, 2022. With solid working capital and positive cash flow, GIC is enhancing its e-commerce platform to capture further market share.

Global Industrial Company (NYSE:GIC) will announce its financial results for Q2 2022 on August 2, 2022, after U.S. market hours. A conference call will follow at 5:00 p.m. ET, accessible at 412-317-6347 or via webcast on the company's investor site. The call will be archived for 90 days for those unable to attend. Global Industrial has a rich history of over 70 years, providing over a million industrial and MRO products and focusing on customer solutions.

Global Industrial Company reported record sales of $288.6 million for Q1 2022, a 15% increase from the previous year. The gross margin reached a record 37.4%, while operating income rose to $29.5 million, resulting in an operating margin of 10.2%. Net income per diluted share from continuing operations was $0.57, significantly up from $0.14 in Q1 2021. The board declared a $0.18 dividend per share, payable May 23, 2022. The company aims to drive growth through the ACE strategy and investments in operational excellence.

Global Industrial Company (NYSE:GIC) will announce its first quarter financial results for the period ending March 31, 2022, on May 3, 2022, after U.S. market hours. A conference call will be held at 5:00 p.m. ET on the same day, where management will discuss the results and answer questions. Interested parties can join the call by dialing 412-317-6347 or via webcast on the company’s website. The archived webcast will be available for 90 days.

Global Industrial, a leading distributor of industrial products, offers over a million items and has been serving customers for over 70 years.

Global Industrial Company (NYSE:GIC) will participate in the Sidoti & Company Small Cap Virtual Conference on March 23, 2022. CEO Barry Litwin and CFO Tex Clark will present at 10 a.m. ET. The presentation will be available via webcast on the company's investor relations page, along with opportunities for one-on-one meetings with investors. Established for over 70 years, Global Industrial is a leading distributor of industrial products and MRO supplies, offering more than a million items, including exclusive brands.