Global Industrial Company to Report Third Quarter 2023 Results on October 31, 2023

$GIC
Industrial Machinery/Components
Industrials
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Recent Analyst Ratings for
$GIC

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$GIC
Press Releases

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  • Global Industrial Introduces New HydroMax Two-Stage Silent Air Compressor with Advanced Variable Speed and Wi-Fi Enabled

    -Engineered for Superior Energy Efficiency, Quiet Operation, and Smartphone Control- PORT WASHINGTON, NY / ACCESSWIRE / December 9, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, announces the latest innovation in pneumatics: the two-stage, silent, variable speed, water-cooled, and Wi-Fi enabled HydroMax Air Compressor. The new Global Industrial™ HydroMax Two-Stage Silent Air Compressor is designed to deliver a safer, more efficient pneumatic system. This air compressor operates at a very low noise level even at full power, enabling teams to work comfortably and safely nearby. Its variable-speed, soft-start motor mi

    $GIC
    Industrial Machinery/Components
    Industrials
  • Global Industrial to Participate in Upcoming Investor Conferences

    PORT WASHINGTON, NY / ACCESSWIRE / November 11, 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 Stephens NASH24 Conference on November 19, 2024, and the 16th Annual Southwest IDEAS Conference on November 21, 2024. Management will host one-on-one meetings with investors at the Stephens NASH24 Conference and at the Southwest IDEAS Conference. In addition, the Company will present at 4:30 p.m. ET on Thursday, November 21, 2024 at the Southwest IDEAS Conference. The live audio broadcast and replay of the presentation

    $GIC
    Industrial Machinery/Components
    Industrials
  • Global Industrial Company Reports Third Quarter 2024 Financial Results

    Sales of $342.4 MillionOperating Income of $22.2 Million; Operating Margin 6.5%Board Declares $0.25 Dividend PORT WASHINGTON, NY / ACCESSWIRE / October 29, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the third quarter ended September 30, 2024.Performance Summary*(U.S. dollars in millions, except per share data)Highlights Quarter EndedSeptember 30, Nine Months EndedSeptember 30, 2024 2023 2024 2023 Net sales $342.4 $354.6 $1,013.6 $954.2 Gross profit $116.3 $116.3 $349.7 $327.6 Gross margin 34.0% 32.8% 34.5% 34.3%Operating income from continuing operations $22.2 $28.2 $66.0 $75.1 Operating margin 6.5% 8.0% 6.5% 7.9%Net income from c

    $GIC
    Industrial Machinery/Components
    Industrials

$GIC
Insider Trading

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$GIC
SEC Filings

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  • Party City Appoints Barry Litwin as New President & CEO

    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

    $GIC
    Industrial Machinery/Components
    Industrials
  • Global Industrial Appoints Lisa Goldson Armstrong as Senior Vice President & Chief Marketing Officer

    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

    $GIC
    Industrial Machinery/Components
    Industrials
  • Global Industrial Announces CEO Transition

    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

    $GIC
    Industrial Machinery/Components
    Industrials

$GIC
Financials

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  • Global Industrial Company Reports Third Quarter 2024 Financial Results

    Sales of $342.4 MillionOperating Income of $22.2 Million; Operating Margin 6.5%Board Declares $0.25 Dividend PORT WASHINGTON, NY / ACCESSWIRE / October 29, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the third quarter ended September 30, 2024.Performance Summary*(U.S. dollars in millions, except per share data)Highlights Quarter EndedSeptember 30, Nine Months EndedSeptember 30, 2024 2023 2024 2023 Net sales $342.4 $354.6 $1,013.6 $954.2 Gross profit $116.3 $116.3 $349.7 $327.6 Gross margin 34.0% 32.8% 34.5% 34.3%Operating income from continuing operations $22.2 $28.2 $66.0 $75.1 Operating margin 6.5% 8.0% 6.5% 7.9%Net income from c

    $GIC
    Industrial Machinery/Components
    Industrials
  • Global Industrial Company to Report Third Quarter 2024 Results on October 29, 2024

    PORT WASHINGTON, NY / ACCESSWIRE / October 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 third quarter ended September 30, 2024 on Tuesday, October 29, 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 October 29th. 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 s

    $GIC
    Industrial Machinery/Components
    Industrials
  • Global Industrial Company Reports Second Quarter 2024 Financial Results

    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

    $GIC
    Industrial Machinery/Components
    Industrials

$GIC
Large Ownership Changes

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