---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-21-000045"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:42:47.500470+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Global Industrial Q2 sales up 12.6% to $272.6M; EPS $0.55, up 37.5%

## Summary
- Net sales $272.6M (+12.6% YoY); operating income $24.7M (+22.9% YoY); operating margin 9.1% vs 8.3%.
- Diluted EPS from continuing ops $0.55 (+37.5% YoY), including ~$0.09 benefit from Canadian tax valuation allowance reversal.
- Gross margin expanded to 36.0% from 35.0% YoY, driven by ACE strategy and supply chain mitigation.
- Board declares $0.16 per share dividend, payable Aug 23 to holders of record Aug 16.
- Cash $41.6M; excess credit facility availability ~$72.5M; operating cash flow from cont ops $11.6M.

## SEC filing metadata
- accession: 0000945114-21-000045
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945114/000094511421000045/0000945114-21-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511421000045/gic-20210803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-21-000045
- JSON: https://secwatch.observer/filing/0000945114-21-000045.json
- Plain text: https://secwatch.observer/filing/0000945114-21-000045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.