{"schema_version":"secwatch.filing_event.v1","accession":"0000945114-23-000014","form_type":"8-K","ticker":"GIC","cik":"0000945114","company_name":"GLOBAL INDUSTRIAL Co","filed_at":"2023-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.670836+00:00","generated_at":"2026-06-19T07:41:58.750554+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Global Industrial Q4 sales down 0.6%, full-year record; dividend raised 11.1% to $0.20","bullets":["Q4 sales $260.5M (-0.6% YoY); operating income $17.7M (-32.2%); EPS $0.35 vs $0.53.","FY 2022 record sales $1.17B (+9.7%); operating income $105.2M (+19.5%); EPS $2.04 (+10.9%).","Board declared $0.20 quarterly dividend, up from $0.18 (11.1% increase); payable March 13, record March 6.","Gross margin improved 90 bps to 36.1% for FY; Q4 gross margin 36.0% vs 37.0% last year.","Cash $28.5M, debt $0.6M; $111.7M available under credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0000945114-23-000014","json":"https://secwatch.observer/filing/0000945114-23-000014.json","markdown":"https://secwatch.observer/filing/0000945114-23-000014.md","text":"https://secwatch.observer/filing/0000945114-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/945114/000094511423000014/0000945114-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/945114/000094511423000014/gic-20230221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T07:41:58.750554+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8ccafde76f958c110f505595754da6ce949e841d","claim":"GLOBAL INDUSTRIAL Co reported year ended December 31, 2022 results: revenue $1.17 billion, net income $78.1 million, EPS $2.04 per diluted share.","evidence_excerpt":"RECORD FULL YEAR 2022 FINANCIAL RESULTS -Fourth Quarter Sales of $260.5 Million, Down 0.6%; Operating Income of $17.7 Million and Operating Margin of 6.8%- -Full Year Sales of $1.17 Billion, Up 9.7%; Operating Income of $105.2 Million and Operating Margin of 9.0%- -Board Declares $0.20 Dividend, an Increase of 11.1%- PORT WASHINGTON, NY, February 21, 2023 – Global","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945114/000094511423000014/0000945114-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2022"},{"label":"Revenue","value":"$1.17 billion"},{"label":"Net income","value":"$78.1 million"},{"label":"EPS","value":"$2.04 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"94f3f2fc9611f871515392cd87b1e415e8b1b38e","claim":"GLOBAL INDUSTRIAL Co reported fourth quarter ended December 31, 2022 results: revenue $260.5 million, net income $13.4 million, EPS $0.35 per diluted share.","evidence_excerpt":"quarter ended December 31, 2022. --- EX-99.1 (EX-99.1) --- GLOBAL INDUSTRIAL REPORTS FOURTH QUARTER AND RECORD FULL YEAR 2022 FINANCIAL RESULTS -Fourth Quarter Sales of $260.5 Million, Down 0.6%; Operating Income of $17.7 Million and Operating Margin of 6.8%- -Full Year Sales of $1.17 Billion, Up 9.7%; Operating Income of $105.2 Million and Operating Margin of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945114/000094511423000014/0000945114-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$260.5 million"},{"label":"Net income","value":"$13.4 million"},{"label":"EPS","value":"$0.35 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}