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Global Industrial Company Reports First Quarter 2025 Financial Results

1. GIC reports Q1 2025 sales of $321 million, slightly down from 2024. 2. Operating margin improves to 5.7%, and a $0.26 dividend declared.

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FAQ

Why Bullish?

The improved operating margin and a dividend declaration suggest stable performance, resembling past instances where GIC maintained investor confidence amidst slight sales declines.

How important is it?

Financial metrics reflect operational stability which generally enhances investor confidence leading to potential price increase.

Why Short Term?

Immediate reactions may affect GIC’s stock price due to positive operational metrics, while sales decline could hinder long-term perception.

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GICHWMFAST
Sales of $321.0 Million Operating Income of $18.2 Million; Operating Margin 5.7% Board Declares $0.26 Dividend PORT WASHINGTON, NY / ACCESS Newswire / April 29, 2025 / Global Industrial Company (NYSE:GIC), a value-added distributor and source for industrial equipment and supplies today announced financial results for the first quarter ended March 31, 2025. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended March 31, 2025 2024 Net sales $ 321.0 $ 323.4 Gross profit $ 112.1 $ 110.9 Gross margin 34.9 % 34.3 % Operating income from continuing operations $ 18.2 $ 17.4 Operating margin 5.7 % 5.4 % Net income from continuing operations $ 13.5 $ 13.1 Net income per diluted share from continuing operations $ 0.35 $ 0.34 Net income from discontinued operations $ 0.1 $ 0.1 Net income per diluted share from discontinued operations $ 0.00 $ 0.00 * 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.

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