Sidoti upgraded Systemax from Neutral to Buy and set a new price target of $44.00

William Blair resumed coverage of Systemax with a rating of Market Perform

William Blair downgraded Systemax from Outperform to Market Perform

Sidoti & Co. downgraded Systemax from Buy to Neutral

Sidoti downgraded Systemax from Buy to Neutral and set a new price target of $46.00

Donations to help local vaccinations, reopening of community resources and return to classroom effortsPORT WASHINGTON, NY / ACCESSWIRE / June 17, 2021 / Global Industrial, a value-added national distributor of industrial products and MRO supplies, and a subsidiary of Systemax Inc. (NYSE:SYX), today announced that it has partnered with The National Association of Wholesaler-Distributors (NAW) to support the National League of Cities (NLC). Together, they are providing small and mid-sized cities with needed supplies and personal protective equipment (PPE) to boost local vaccination rates, reopen city buildings and community centers, and protect teachers and students returning to classroom inst

Aligns Corporate and Go-to-Market Brands and Reinforces Position as Leading Pure-Play Industrial DistributorPORT WASHINGTON, NY / ACCESSWIRE / June 9, 2021 / Systemax Inc. (NYSE:SYX), today announced that it will change its legal name to Global Industrial Company, and commence trading on the New York Stock Exchange under the ticker symbol GIC, effective Monday, June 21, 2021. In January, Global Industrial launched a new brand identity and "We can supply that®" tagline conveying its deep customer insights and ability to deliver tomorrow's solutions today.Richard Leeds, Executive Chairman of Systemax, said, "This is an exciting day in the history of the company and one that unites the entire o

Engaging customers with expert advice on the topics they need to grow and succeedPORT WASHINGTON, NY / ACCESSWIRE / May 25, 2021 / Global Industrial, a value-added national distributor of industrial products and MRO supplies, and a Systemax Inc. (NYSE:SYX) company, today announced the launch of The Knowledge Center, a digital content rich resource designed to empower customers with the expert advice, and know-how on the topics they need to succeed and grow.The Knowledge Center is the central destination for all content and engagement activities from Global Industrial. Its dynamic platform is designed to serve as a partner in the customer's journey to grow their business by offering helpful g

-Sales Increase Over 10% to $251 Million- - Board Declares $0.16 Dividend -PORT WASHINGTON, NY / ACCESSWIRE / May 4, 2021 / Systemax Inc. (NYSE:SYX) today announced financial results for the first quarter ended March 31, 2021.Performance Summary*(U.S. dollars in millions, except per share data)HighlightsQuarter EndedMarch 31, 20212020Net sales$251.1 $227.3 Gross profit$77.3 $76.7 Gross margin30.8%33.7%Operating income from continuing operations$6.6 $11.5 Operating margin2.6%5.1%Net income from continuing operations$5.5 $8.3 Net income per diluted share from continuing operations$0.14 $0.21 Net income (loss) from discontinued operations$9.7 $(0.1) Net income (loss) per diluted share fr

NEW YORK, NY / ACCESSWIRE / May 4, 2021 / Systemax, Inc. (NYSE:SYX) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 4, 2021 at 5:00 PM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.investornetwork.com/event/presentation/78390To receive updates for this company you can register by emailing [email protected] or by clicking get investment info from the company's profile.About Investor NetworkInvestor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Dedicated to both the professional and

PORT WASHINGTON, NY / ACCESSWIRE / April 30, 2021 / Systemax Inc. (NYSE:SYX), today announced that Barry Litwin, Chief Executive Officer, and Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the Wells Fargo 2021 Virtual Industrials Conference. The Company will participate in a fireside chat at 2:00 p.m. ET on Thursday, May 6, 2021. The live virtual broadcast and replay will be made available via webcast, which can be accessed by visiting the investor relations section of Systemax's corporate website. Management will host one-on-one meetings with investors on Thursday, May 6, 2021. Investors interested in meeting with management should contact their Wells Fargo

PORT WASHINGTON, NY / ACCESSWIRE / April 27, 2021 / Systemax Inc. (NYSE:SYX) today announced that it will release financial results for the first quarter ended March 31, 2021 on Tuesday, May 4, 2021 after U.S. market hours.Management will host a conference call and question and answer secession on the Company's first quarter results at 5:00 p.m. Eastern Time on May 4th. 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 www.systemax.com in the investor relations section.If you cannot listen to the call at its scheduled time, the webcast will be archived on www.systemax.com for approximately

New 'See Your Space' Interactive Virtual Room by Room Experience Allows Customers to Put Their Plan Into ActionPORT WASHINGTON, NY / ACCESSWIRE / April 12, 2021 / Global Industrial, a value-added national distributor of industrial products and MRO supplies, and a Systemax Inc. (NYSE:SYX) company, today announced the launch of its Plan, Procure & Execute program to help support the ongoing reopening and recovery of businesses and schools.Fully reopening a business or school building after a pandemic-related closure is no simple task. Global Industrial is here to help its customers put a robust plan in place, procure the products they need, and execute an overall strategy with confidence. With

Second Spring Clean-Up Saturday, April 10th Wear a Mask - Bring a Friend! PORT WASHINGTON, NY / ACCESSWIRE / April 6, 2021 / Global Industrial, a value-added national distributor of industrial products and MRO supplies, and a Systemax Inc. (NYSE:SYX) company, today announced the launch of its new partnership with community engager and social media influencer Terrill Haigler, known by his followers as @_YaFavTrashman. The partnership strives to support Terrill's positive community initiatives to educate and improve local Philadelphia neighborhoods. The partnership kicked off on March 20th with the "Spring Ahead" clean-up at the corner of Butler and Sepviva in Philadelphia. This successfu

PORT WASHINGTON, NY / ACCESSWIRE / March 15, 2021 / Systemax Inc. (NYSE:SYX), today announced that Barry Litwin, Chief Executive Officer, and Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the Sidoti & Company Spring 2021 Virtual Investor Conference. The Company will present at 1:45 p.m. ET on Wednesday, March 24, 2021. 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 Systemax's corporate website. Management will host one-on-one meetings with investors on Wednesday, March 24, 2021. Investors interested in meeting with management should contact thei

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PORT WASHINGTON, NY / ACCESSWIRE / January 25, 2021 / Systemax Inc. (NYSE:SYX), today announced the appointment of Claudia Hughes to Senior Vice President and Chief Sales Officer, effective immediately. In this newly created position, Ms. Hughes will report to Barry Litwin, Chief Executive Officer of Systemax, and will be responsible for sales and customer initiatives across Global Industrial's United States and Canadian managed sales teams, and increasing sales effectiveness throughout the company. Barry Litwin, said, "Claudia is a proven leader with a collaborative approach and great experience in developing, executing and achieving sales goals, especially in the U.S. B2B marketplace. Her

-Sales Increase Over 10% to $251 Million- - Board Declares $0.16 Dividend -PORT WASHINGTON, NY / ACCESSWIRE / May 4, 2021 / Systemax Inc. (NYSE:SYX) today announced financial results for the first quarter ended March 31, 2021.Performance Summary*(U.S. dollars in millions, except per share data)HighlightsQuarter EndedMarch 31, 20212020Net sales$251.1 $227.3 Gross profit$77.3 $76.7 Gross margin30.8%33.7%Operating income from continuing operations$6.6 $11.5 Operating margin2.6%5.1%Net income from continuing operations$5.5 $8.3 Net income per diluted share from continuing operations$0.14 $0.21 Net income (loss) from discontinued operations$9.7 $(0.1) Net income (loss) per diluted share fr

PORT WASHINGTON, NY / ACCESSWIRE / February 25, 2021 / Systemax Inc. (NYSE:SYX) today announced the federal income tax treatment of its 2020 distributions to holders of its common stock. Systemax Inc. Common Stock: Symbol - SYX, REG CUSIP 871851101 Record Date Payable Date Total Distribution Per Share Ordinary Dividends Nondividend Distributions (1) 3/9/2020 3/16/2020 $1.14 $1.14 $0.00 5/11/2020 5/18/2020 $0.14 $0.14 $0.00 8/10/2020 8/17/2020 $0.14 $0.14

-Quarterly Sales Increase 23.3% from Prior Year to $273.9 Million; Sales Up 15.8% on an Average Daily Sales Basis- -Full Year Sales Surpass $1 Billion, Achieving Key Milestone- -Quarterly Operating Income of $21.1 Million, Up 46.5% from Prior Year; Operating Margin Expands to 7.7%- - Board Declares $0.16 Dividend, an increase of 14.3% - PORT WASHINGTON, NY / ACCESSWIRE / February 23, 2021 / Systemax Inc. (NYSE:SYX) today announced financial results for the fourth quarter ended December 31, 2020. Performance Summary* (U.S. dollars in millions, except per share data) Highlights   Quarter Ended December 31, Year Ended Decemb

PORT WASHINGTON, N.Y., Dec. 8, 2020 /PRNewswire/ -- Systemax Inc. (NYSE: SYX), today announced that its Board of Directors has declared a special cash dividend of $2.00 per share to shareholders of the company's common stock. The special dividend will be payable on December 28, 2020 to shareholders of record as of the close of business on December 18, 2020. A portion of this distribution may be considered a return of capital for tax purposes. Additional information regarding return of capital distributions are expected to be made available at Systemax's investor relations website in early 2021. Richard Leeds, Executive Chairman, said, "With this special dividend, our fourth in four years,