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Global Industrial Company Reports First Quarter 2025 Financial Results

1. GIC's Q1 2025 sales are $321 million, slightly down from last year. 2. Operating income increased to $18.2 million with a 5.7% margin.

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+15.73%Current Return
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+0.05%S&P 500
$22.1904/29 04:28 PM EDTEvent Start
$25.6804/30 11:02 PM EDTLatest Updated
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FAQ

Why Neutral?

GIC showed slight sales decline but improved operating margin and income. Historical trends indicate stable performance despite minor fluctuations.

How important is it?

The slight dip in sales paired with dividend declaration could attract cautious investors. However, positive trends in operating metrics suggest overall stability.

Why Short Term?

The results reflect immediate business performance, influencing investor sentiment temporarily. Similar past announcements have led to short-term adjustment rather than long-term change.

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GIC
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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