Global Industrial shares are trading lower following mixed Q1 results.
$GIC
Industrial Machinery/Components
Industrials
Global Industrial shares are trading lower following mixed Q1 results.
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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
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
-Designed to Keep Drum Upright During Transportation for Safe Handling-PORT WASHINGTON, NY / ACCESSWIRE / October 15, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, announces the newest product from its Made To Exceed™ line of Global Industrial Exclusive Brands™: the Global Industrial™ Hydraulic Drum Handler with Universal Grip and Adjustable Support. Its innovative design and feature set deliver enhanced efficiency, versatility, ergonomics and safety for most commercial and industrial drum handling applications. Designed to effortlessly lift, transport, and position a wide range of drum types, the new Global Indu
10-Q - GLOBAL INDUSTRIAL Co (0000945114) (Filer)
8-K - GLOBAL INDUSTRIAL Co (0000945114) (Filer)
10-Q - GLOBAL INDUSTRIAL Co (0000945114) (Filer)
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
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
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
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
SC 13G/A - GLOBAL INDUSTRIAL Co (0000945114) (Subject)
SC 13G/A - GLOBAL INDUSTRIAL Co (0000945114) (Subject)
SC 13G/A - GLOBAL INDUSTRIAL Co (0000945114) (Subject)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
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.
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