---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-22-000033"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:51:01.840887+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Global Industrial reports record Q1 sales $288.6M (+15%); gross margin 37.4%; EPS $0.57

## Summary
- Net sales $288.6M vs $251.1M YoY (+14.9%); record quarterly revenue.
- Gross margin 37.4% (record third straight quarter) vs 30.8% last year.
- Operating income $29.5M (10.2% margin) vs $6.6M; diluted EPS from cont. ops $0.57 vs $0.14.
- Board declares $0.18/share dividend, payable May 23, 2022 to holders of record May 16.
- CEO cites ACE strategy driving double-digit operating margin for trailing twelve months.

## SEC filing metadata
- accession: 0000945114-22-000033
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2022-05-03T23:59:59+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/945114/000094511422000033/0000945114-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511422000033/gic-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-22-000033
- JSON: https://secwatch.observer/filing/0000945114-22-000033.json
- Plain text: https://secwatch.observer/filing/0000945114-22-000033.txt

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