Every 8-K that Global Industrial Company (GIC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GIC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GIC filings page.
Global Industrial Company reported strong second-quarter 2026 results, with net sales of $386.6 million, up 7.7% and 9.3% on an average daily sales basis. GAAP gross margin improved to 40.2% and operating income from continuing operations rose to $49.3 million, with diluted EPS from continuing operations of $0.96.
Results included a one-time $26.2 million benefit from refunds of IEEPA tariffs, which management also presents on a non-GAAP basis excluding this item: gross margin would have been 34.7%, operating income $28.2 million and diluted EPS $0.54. For the first six months, net sales were $737.0 million and diluted EPS from continuing operations was $1.35, or $0.93 on a comparable non-GAAP basis.
The company ended June 30, 2026 with working capital of $249.0 million, cash and cash equivalents of $86.7 million and approximately $119.8 million of excess availability under its credit facility. Operating cash flow from continuing operations was $46.0 million. The board declared a quarterly cash dividend of $0.28 per share and the company repurchased about 160,000 shares for $4.7 million in the quarter.
Global Industrial Company entered into Amendment No. 4 to its Third Amended and Restated Credit Agreement with JPMorgan Chase Bank and other lenders. The amendment, dated June 30, 2026, extends the credit facility’s maturity date from October 19, 2026 to June 30, 2031.
Global Industrial Company reported results of its 2026 annual shareholder meeting held on June 1, 2026. Stockholders elected eight directors to serve until the next annual meeting, with each nominee receiving strong majority support despite some withheld votes for certain family-affiliated directors.
Shareholders also ratified Ernst & Young LLP as independent auditor for fiscal 2026 with 36,323,196 votes in favor and limited opposition. An advisory vote on named executive officer compensation passed by a wide margin, and investors approved the Amended and Restated 2018 Employee Stock Purchase Plan, indicating broad support for the company’s compensation and employee ownership programs.
Global Industrial Company reported solid first quarter 2026 results and declared a cash dividend of $0.28 per share. Net sales rose 9.2% to $350.4 million from $321.0 million, while gross profit increased to $121.9 million with gross margin essentially steady at 34.8% versus 34.9%.
Operating income from continuing operations grew 13.2% to $20.6 million, lifting operating margin to 5.9% from 5.7%. Net income from continuing operations was $15.3 million, and total net income including discontinued operations reached $16.6 million, driving diluted EPS to $0.42 compared with $0.35 a year earlier.
At March 31, 2026, the company reported working capital of $225.7 million, cash and cash equivalents of $61.7 million, and approximately $119.9 million of excess availability under its credit facility. Operating cash flow from continuing operations was $4.7 million, and the company repurchased about 22,000 shares for $0.6 million.
Global Industrial Company reported strong fourth quarter and full-year 2025 results. Fourth quarter net sales rose to $345.6 million, up 14.3%, with operating income from continuing operations increasing 35.2% to $19.6 million and diluted EPS from continuing operations up 40.7% to $0.38.
For 2025, net sales grew 4.8% to $1.38 billion, operating income from continuing operations increased 21.2% to $97.6 million, and diluted EPS from continuing operations climbed to $1.85 from $1.57. Gross margin improved to 35.5% from 34.3%, reflecting better profitability.
The company ended 2025 with $67.5 million in cash and cash equivalents and generated $77.7 million in operating cash flow from continuing operations. The Board increased the quarterly dividend by 7.7% to $0.28 per share, payable on March 16, 2026 to shareholders of record on March 9, 2026.
Global Industrial Company announced third-quarter 2025 results via a press release and set a conference call for October 28, 2025 at 5:00 p.m. ET to discuss the quarter.
The company also declared a cash dividend of $0.26 per share, payable to common stockholders of record at the close of business on November 10, 2025, with payment on November 17, 2025. The press release is included as an exhibit.
The company stated that the furnished materials, including the press release, are not deemed filed for purposes of the Exchange Act unless specifically incorporated by reference.
Global Industrial Company disclosed that its Board of Directors approved a one-time special cash bonus of $1,000,000 for Executive Chairman Richard B. Leeds. The payment is scheduled to be made on or about August 15, 2025.
The Board, acting on the recommendation of its Compensation Committee, granted the bonus in recognition of Mr. Leeds’ leadership and service as Interim Chief Executive Officer from August 9, 2024 through February 17, 2025. The company noted that he had not previously received any supplemental compensation for serving in that interim CEO role.