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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
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
-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
8-K - GLOBAL INDUSTRIAL Co (0000945114) (Filer)
8-K - SYSTEMAX INC (0000945114) (Filer)
SD - SYSTEMAX INC (0000945114) (Filer)
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
4 - GLOBAL INDUSTRIAL Co (0000945114) (Issuer)
4 - SYSTEMAX INC (0000945114) (Issuer)
4 - SYSTEMAX INC (0000945114) (Issuer)