Global Industrial Company, through its subsidiaries, operates as a direct marketer of brand name and private label industrial and business equipment and supplies in North America. It sells a range of maintenance, repair, and operation products, including storage and shelving, material handling, janitorial and maintenance products, furniture and office products, workbenches and shop desks, HVAC/R and fans, safety and security products, outdoor and grounds maintenance products, tools and instruments, and office and school supplies. The company also sells plumbing products and pumps, packaging products and supplies, electrical and lighting products, food service products and appliances, raw materials and building supplies, motors and power transmission products, pneumatics and hydraulics, medical and laboratory equipment, metalworking and cutting tools, vehicle maintenance products, and fasteners and hardware. It offers its products under the Global, GlobalIndustrial.com, Nexel Paramount, and Interion brand names. The company offers its products to businesses, educational organizations, and government entities through relationship marketers, catalogs, and e-commerce sites. The company was formerly known as Systemax Inc. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.
IPO Year:
Exchange: NYSE
Website: globalindustrial.com
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
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PORT WASHINGTON, NY / ACCESSWIRE / September 10, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the Sidoti Small Cap Conference on September 18, 2024.The Company will present at 2:30 p.m. ET on Wednesday, September 18, 2024. The live virtual broadcast and replay of the presentation will be made available via webcast, which can be accessed by visiting the investor relations section of Global Industrial's corporate website. Management will host one-on-one meetings with investors on September 18, 2024. Investors interested
- Best-In-Class PFAS Filter Standard on Full Line of Bottle Fillers and Drinking Fountains -PORT WASHINGTON, NY / ACCESSWIRE / August 13, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the launch of the newest product in its Made To Exceed™ line of Global Industrial Exclusive Brands™: the GlobalPure™ high-capacity PFAS water filter. The new GlobalPure™ PFAS water filter is designed to improve drinking water quality. Featuring an advanced filtration system, it removes total PFAS and a full range of chlorine, lead, cyst, turbidity, and microplastics. Its 3,600-gallon capacity reduces filter replacement
WOODCLIFF LAKE, N.J., Aug. 12, 2024 /PRNewswire/ -- Party City Holdco Inc. is thrilled to announce that Barry Litwin will be joining the company as their new President and Chief Executive Officer (CEO). "The team and I look forward to welcoming Barry to the Party City family," said Bob Hull, Chairman of the Board at Party City. "We are extremely confident that Barry's expertise in fostering business growth and transformation as well as his people-focused leadership style will bring Party City to the next level." Barry brings a disciplined model to strategy setting and operatio
PORT WASHINGTON, NY / ACCESSWIRE / August 12, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the appointment of Lisa Goldson Armstrong as Senior Vice President & Chief Marketing Officer, effective today. Armstrong will report to Richard Leeds, Interim Chief Executive Officer and Executive Chairman of the Board at Global Industrial, and will be responsible for marketing, customer experience, and branding initiatives across the Company. "Lisa is a proven executive, exceptional leader, and strong addition to our senior leadership team. She has a track record of driving growth, delivering innovative cu
Sales of $347.8 Million, Increase 6.8%Operating Income of $26.4 Million; Operating Margin 7.6%Board Declares $0.25 DividendPORT WASHINGTON, NY / ACCESSWIRE / July 30, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the second quarter ended June 30, 2024. Performance Summary*(U.S. dollars in millions, except per share data)Highlights Quarter EndedJune 30, Six Months EndedJune 30, 2024 2023 2024 2023 Net sales $347.8 $325.8 $671.2 $599.6 Gross profit $122.5 $112.9 $233.4 $211.3 Gross margin 35.2% 34.7% 34.8% 35.2%Operating income from continuing operations $26.4 $29.1 $43.8 $46.9 Operating margin 7.6% 8.9% 6.5% 7.8%Net income from contin
PORT WASHINGTON, NY / ACCESSWIRE / July 22, 2024 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial results for the second quarter ended June 30, 2024 on Tuesday, July 30, 2024 after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. Eastern Time on July 30th. To access the call, please dial 412-317-6347 five minutes prior to the start time. The call will also be available via webcast on the Company's website at https://investors.globalindustrial.com. If you are unable to listen to the call at its scheduled time,
The Strength Of Welded With The Versatility Of Bolted PORT WASHINGTON, NY / ACCESSWIRE / July 17, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the launch of the newest product in its Made To Exceed™ line of Global Industrial Exclusive Brands™: the Global Industrial™ Bolted Teardrop Pallet Rack. The Global Industrial™ Bolted Teardrop Pallet Rack is the ideal storage solution for warehouses, retail stores, and manufacturing facilities. Partially-assembled upright frames and pre-punched footplates help to facilitate easy installation and anchoring. The teardrop shape is designed to allow for easy beam h
PORT WASHINGTON, NY / ACCESSWIRE / July 11, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Barry Litwin, CEO, has notified the Board of Directors of his upcoming departure from the Company to pursue another opportunity, and that the Board of Directors has appointed Richard B. Leeds, Executive Chairman of the Board, as Interim Chief Executive Officer. The transition will be effective as of August 9, 2024. Mr. Leeds joined the Company in 1982 and served as its Chairman and CEO from 1995 until becoming Executive Chairman in 2016. He also previously served as President of the Company's Industrial P
More than 4 million new MRO, office supply, medical education and safety products have been added for online purchase using cooperative contracts FRANKLIN, Tenn., June 20, 2024 /PRNewswire/ -- OMNIA Partners, the country's largest public and private group purchasing organization, today announced a major expansion of OPUS – the company's free e-commerce platform that provides public sector and nonprofit agencies access to industry-leading pricing and contract terms across hundreds of suppliers. OPUS users can now buy products from eight new nationally recognized suppliers, streamlining the purchasing process for everything from office supplies to industrial equipment.
PORT WASHINGTON, NY / ACCESSWIRE / June 5, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Barry Litwin, Chief Executive Officer, and Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the virtual Sidoti Small Cap Conference on June 12, 2024. The Company will present at 11:30 a.m. ET on Wednesday, June 12, 2024. The live broadcast and replay of the presentation will be made available via webcast, which can be accessed by visiting the investor relations section of Global Industrial's corporate website. Management will host virtual one-on-one meetings with investors on J
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Sales of $347.8 Million, Increase 6.8%Operating Income of $26.4 Million; Operating Margin 7.6%Board Declares $0.25 DividendPORT WASHINGTON, NY / ACCESSWIRE / July 30, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the second quarter ended June 30, 2024. Performance Summary*(U.S. dollars in millions, except per share data)Highlights Quarter EndedJune 30, Six Months EndedJune 30, 2024 2023 2024 2023 Net sales $347.8 $325.8 $671.2 $599.6 Gross profit $122.5 $112.9 $233.4 $211.3 Gross margin 35.2% 34.7% 34.8% 35.2%Operating income from continuing operations $26.4 $29.1 $43.8 $46.9 Operating margin 7.6% 8.9% 6.5% 7.8%Net income from contin
PORT WASHINGTON, NY / ACCESSWIRE / July 22, 2024 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial results for the second quarter ended June 30, 2024 on Tuesday, July 30, 2024 after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. Eastern Time on July 30th. To access the call, please dial 412-317-6347 five minutes prior to the start time. The call will also be available via webcast on the Company's website at https://investors.globalindustrial.com. If you are unable to listen to the call at its scheduled time,
Sales of $323.4 Million, Increase 18.1% Operating Income of $17.4 Million; Operating Margin 5.4%Board Declares $0.25 DividendPORT WASHINGTON, NY / ACCESSWIRE / April 30, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the first quarter ended March 31, 2024. Performance Summary*(U.S. dollars in millions, except per share data)Highlights Quarter EndedMarch 31, 2024 2023 Net sales $323.4 $273.8 Gross profit $110.9 $98.4 Gross margin 34.3% 35.9%Operating income from continuing operations $17.4 $17.8 Operating margin 5.4% 6.5%Net income from continuing operations $13.1 $13.3 Net income per diluted share from continuing operations $0.34 $0.35
PORT WASHINGTON, NY / ACCESSWIRE / April 23, 2024 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial results for the first quarter ended March 31, 2024 on Tuesday, April 30, 2024 after U.S. market hours.Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. Eastern Time on April 30th. To access the call, please dial 412-317-6347 five minutes prior to the start time. The call will also be available via webcast on the Company's website at https://investors.globalindustrial.com. If you are unable to listen to the call at its scheduled time,
Fourth Quarter Sales of $320.1 Million, Up 22.9%; Operating Income of $21.4 Million and Operating Margin of 6.7%Full Year Sales of $1.27 Billion, Up 9.3%; Operating Income of $96.5 Million and Operating Margin of 7.6%Board Increases Dividend 25%; Declares $0.25 DividendPORT WASHINGTON, NY / ACCESSWIRE / February 29, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the fourth quarter ended December 31, 2023.Performance Summary*(U.S. dollars in millions, except per share data)Highlights Quarter EndedDecember 31, Year EndedDecember 31, 2023 2022 2023 2022 Net sales $320.1 $260.5 $1,274.3 $1,166.1 Gross profit $108.2 $93.8 $435.8 $421.2 Gross margin
Sales of $354.6 Million, Increase 18.8%Operating Income of $28.2 Million; Operating Margin 8.0%Board Declares $0.20 DividendPORT WASHINGTON, NY / ACCESSWIRE / October 31, 2023 / Global Industrial Company (NYSE:GIC) today announced financial results for the third quarter ended September 30, 2023.Performance Summary* (U.S. dollars in millions, except per share data)Highlights Quarter EndedSeptember 30, Nine Months EndedSeptember 30, 2023 2022 2023 2022 Net sales $354.6 $298.5 $954.2 $905.6 Gross profit $116.3 $106.6 $327.6 $327.4 Gross margin 32.8% 35.7% 34.3% 36.2%Operating income from continuing operations $28.2 $27.5 $75.1 $87.5 Operating margin 8.0% 9.2% 7.9% 9.7%Net
PORT WASHINGTON, NY / ACCESSWIRE / October 24, 2023 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial results for the third quarter ended September 30, 2023 on Tuesday, October 31, 2023 after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. Eastern Time on October 31st. To access the call, please dial 412-317-6347 five minutes prior to the start time. The call will also be available via webcast on the Company's website at https://investors.globalindustrial.com. If you are unable to listen to the call at its sc
-Sales of $325.8 Million, Increase 2.3%--Operating Income of $29.1 Million; Operating Margin 8.9%--Board Declares $0.20 Dividend-PORT WASHINGTON, NY / ACCESSWIRE / August 1, 2023 / Global Industrial Company (NYSE:GIC) today announced financial results for the second quarter ended June 30, 2023.Performance Summary*(U.S. dollars in millions, except per share data)HighlightsQuarter EndedJune 30, Six Months EndedJune 30, 2023 2022 2023 2022Net sales$325.8 $318.5 $599.6 $607.1Gross profit$112.9 $113.0 $211.3 $220.8Gross margin 34.7% 35.5% 35.2% 36.4%Operating income from continuing operations$29.1 $30.5 $46.9 $60.0Operating margin 8.9% 9.6% 7.8% 9.9%Net income from contin
-Corrects Second Quarter End Date-PORT WASHINGTON, NY / ACCESSWIRE / July 24, 2023 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial results for the second quarter ended June 30, 2023 on Tuesday, August 1, 2023 after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. Eastern Time on August 1st. To access the call, please dial 412-317-6347 five minutes prior to the start time. The call will also be available via webcast on the Company's website at https://investors.globalindustrial.com. If you are unable to list
PORT WASHINGTON, NY / ACCESSWIRE / July 24, 2023 / Global Industrial Company (NYSE:GIC), a value-added distributor of industrial products and MRO supplies, today announced that it will release financial results for the second quarter ended July 30, 2023 on Tuesday, August 1, 2023 after U.S. market hours.Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. Eastern Time on August 1st. To access the call, please dial 412-317-6347 five minutes prior to the start time. The call will also be available via webcast on the Company's website at https://investors.globalindustrial.com. If you are unable to listen to the call at its scheduled time,
WOODCLIFF LAKE, N.J., Aug. 12, 2024 /PRNewswire/ -- Party City Holdco Inc. is thrilled to announce that Barry Litwin will be joining the company as their new President and Chief Executive Officer (CEO). "The team and I look forward to welcoming Barry to the Party City family," said Bob Hull, Chairman of the Board at Party City. "We are extremely confident that Barry's expertise in fostering business growth and transformation as well as his people-focused leadership style will bring Party City to the next level." Barry brings a disciplined model to strategy setting and operatio
PORT WASHINGTON, NY / ACCESSWIRE / August 12, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the appointment of Lisa Goldson Armstrong as Senior Vice President & Chief Marketing Officer, effective today. Armstrong will report to Richard Leeds, Interim Chief Executive Officer and Executive Chairman of the Board at Global Industrial, and will be responsible for marketing, customer experience, and branding initiatives across the Company. "Lisa is a proven executive, exceptional leader, and strong addition to our senior leadership team. She has a track record of driving growth, delivering innovative cu
PORT WASHINGTON, NY / ACCESSWIRE / July 11, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Barry Litwin, CEO, has notified the Board of Directors of his upcoming departure from the Company to pursue another opportunity, and that the Board of Directors has appointed Richard B. Leeds, Executive Chairman of the Board, as Interim Chief Executive Officer. The transition will be effective as of August 9, 2024. Mr. Leeds joined the Company in 1982 and served as its Chairman and CEO from 1995 until becoming Executive Chairman in 2016. He also previously served as President of the Company's Industrial P
PORT WASHINGTON, NY / ACCESSWIRE / January 31, 2023 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Tom Suozzi has been appointed as an independent member to the Company's Board of Directors, effective January 30, 2023. Mr. Suozzi fills the vacancy on the Board of Directors resulting from the retirement of Lawrence Reinhold, who retired as a director of the Company effective as of January 30, 2023. Mr. Suozzi has been appointed to serve on the Board's Nominating/Corporate Governance Committee and the Compensation Committee.Mr. Suozzi most recently served as the U.S. Representative for New York's 3rd Cong
PORT WASHINGTON, NY / ACCESSWIRE / November 15, 2021 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, recently announced the appointment of Adina Storch to Senior Vice President and General Counsel. Ms. Storch will report to Barry Litwin, Chief Executive Officer of Global Industrial, and be responsible for managing the Company's legal, risk management and compliance functions. Ms. Storch will also serve as Corporate Secretary to the Company's Board of Directors.Barry Litwin said, "Adina is a senior leader and brings a wealth of knowledge and experience. I have the utmost confidence in her ability to excel in this role and to
PORT WASHINGTON, NY / ACCESSWIRE / August 23, 2021 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the appointment of Alex Tomey to the newly created position of Senior Vice President and Chief Merchandising Officer, effective immediately. Mr. Tomey will report to Barry Litwin, Chief Executive Officer of Global Industrial, and will be responsible for developing and driving Global Industrial's merchandise strategy and operations.Barry Litwin said, "Alex is a proven merchandising executive with 20 years of experience in leading teams towards improved margin performance, accelerating new category expansion and s
Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Barry Litwin, CEO, has notified the Board of Directors of his upcoming departure from the Company to pursue another opportunity, and that the Board of Directors has appointed Richard B. Leeds, Executive Chairman of the Board, as Interim Chief Executive Officer. The transition will be effective as of August 9, 2024.Mr. Leeds joined the Company in 1982 and served as its Chairman and CEO from 1995 until becoming Executive Chairman in 2016. He also previously served as President of the Company's Industrial Products Group until 2011.
Gainers Solidion Technology (NASDAQ:STI) stock moved upwards by 24.2% to $2.61 during Wednesday's regular session. The company's market cap stands at $226.6 million. Powell Industries (NASDAQ:POWL) stock moved upwards by 22.25% to $174.82. The market value of their outstanding shares is at $2.0 billion. As per the news, the Q2 earnings report came out yesterday. Getaround (NYSE:GETR) stock increased by 15.24% to $0.23. The market value of their outstanding shares is at $21.7 million. Innovate (NYSE:VATE) stock increased by 14.0% to $0.8. The market value of their outstanding shares is at $68.1 million. Hyliion Holdings (NYSE:HYLN) shares moved upwards by 13.95% to $1.47. The company's m
Global Industrial (NYSE:GIC) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.38 by 10.53 percent. This is a 2.86 percent decrease over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $323.400 million which beat the analyst consensus estimate of $322.269 million by 0.35 percent. This is a 18.12 percent increase over sales of $273.800 million the same period last year.
Gainers NuScale Power (NYSE:SMR) stock moved upwards by 24.6% to $4.3 during Monday's pre-market session. The market value of their outstanding shares is at $330.1 million. Global Industrial (NYSE:GIC) shares increased by 13.71% to $48.0. The market value of their outstanding shares is at $1.8 billion. As per the press release, Q4 earnings came out 2 days ago. Roma Green Finance (NASDAQ:ROMA) shares rose 12.49% to $1.53. The market value of their outstanding shares is at $15.9 million. SES AI (NYSE:SES) stock rose 11.01% to $1.86. The market value of their outstanding shares is at $662.0 million. Fusion Fuel Green (NASDAQ:HTOO) shares increased by 10.85% to $1.43. The market value of th
Global Industrial (NYSE:GIC) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:20 PM. Here's what investors need to know about the announcement. Earnings Global Industrial beat estimated earnings by 3.0%, reporting an EPS of $0.4 versus an estimate of $0.39. Revenue was up $59.60 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.01 which was followed by a 10.0% increase in the share price the next day. Here's a look at Global Industrial's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.53 0.40 0.39 0.35 EPS Actual 0.54 0.56 0.35 0.35 Revenue Estimate 343.38M 293.00M 279.25M 257.
Global Industrial (NYSE:GIC) reported quarterly earnings of $0.400 per share which met the analyst consensus estimate. The company reported quarterly sales of $320.100 million which beat the analyst consensus estimate of $313.493 million by 2.11 percent. This is a 22.88 percent increase over sales of $260.500 million the same period last year.
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Global Industrial (NYSE:GIC) is set to give its latest quarterly earnings report on Thursday, 2024-02-29. Here's what investors need to know before the announcement. Analysts estimate that Global Industrial will report an earnings per share (EPS) of $0.39. Global Industrial bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.01, which was followed by a 10.17% increase
-Brings Increased Access to Global Industrial's Equipment Selection and Know-How to Vizient Customers-PORT WASHINGTON, NY / ACCESSWIRE / November 7, 2023 / Global Industrial Company (NYSE:GIC), a value-added national distributor of facilities equipment and industrial products and supplies, today announced it has been awarded a Vizient contract for floor cleaning equipment. The new agreement offers Vizient provider customers increased savings on Global Industrial's proven line of cost-effective floor care equipment, which help improve the effectiveness of environmental services departments by increasing the efficiencies of their cleaning and disinfection protocols.Vizient is the largest provi