secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0000945114-21-000061
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511421000061/0000945114-21-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511421000061/gic-20211102.htm
  HTML page:      https://secwatch.observer/filing/0000945114-21-000061

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