---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-21-000061"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:32:56.814383+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Global Industrial Q3 sales down 2.9% to $277.4M; gross margin record 36.8%; declares $0.16 dividend

## Summary
- Sales $277.4M, down 2.9% YoY; operating income $30.6M (down 2.5%); diluted EPS $0.61 vs $0.64.
- Gross margin 36.8%, a quarterly record; operating margin 11.0% matches prior record.
- Supply chain constraints limited product availability, driving open order growth.
- Board declared $0.16/share dividend payable Nov 22, record Nov 15.
- Extended $75M credit facility to October 2026.

## SEC filing metadata
- accession: 0000945114-21-000061
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945114/000094511421000061/0000945114-21-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511421000061/gic-20211102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-21-000061
- JSON: https://secwatch.observer/filing/0000945114-21-000061.json
- Plain text: https://secwatch.observer/filing/0000945114-21-000061.txt

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