secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0000945114-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Industrial Q4 EPS $0.53 (up 26% YoY); record gross margin 37.0%; declares $0.18 dividend
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- Q4 revenue $262.0M (-4.3% YoY); avg daily sales +3.5% due to 5 fewer selling days.
- Operating income $26.1M (+23.7%); operating margin expands to 10.0% from 7.7%.
- GAAP EPS from continuing ops $0.53 (up 26.2% from $0.42).
- Record gross margin 37.0% (vs 34.0% prior year); management cites pricing optimization.
- Board declares $0.18/share dividend (12.5% increase), payable Mar 7, record Feb 28.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511422000004/0000945114-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511422000004/gic-20220215.htm
  HTML page:      https://secwatch.observer/filing/0000945114-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer