---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-22-000059"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:15:35.139540+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 record $318.5M, +17%; operating income +23.5%; declares $0.18 dividend

## Summary
- Record Q2 net sales $318.5M, up 16.8% YoY; operating income $30.5M, up 23.5%.
- Gross margin 35.5% vs 36.0% year ago; cited freight surcharges and promotions.
- Net income from continuing ops $0.59 diluted EPS vs $0.55, up 7.3%.
- Board declared $0.18 cash dividend payable Aug 22 to holders of record Aug 15.
- Cash $23.5M, $30M debt, working capital $152.7M; operating cash flow $11.9M.

## SEC filing metadata
- accession: 0000945114-22-000059
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2022-08-02T23:59:59+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/945114/000094511422000059/0000945114-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511422000059/gic-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-22-000059
- JSON: https://secwatch.observer/filing/0000945114-22-000059.json
- Plain text: https://secwatch.observer/filing/0000945114-22-000059.txt

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