Global Industrial Q3 sales up 18.8% to $354.6M; EPS $0.54 vs $0.53; dividend $0.20

GLOBAL INDUSTRIAL Co

2023-Q3 EPS reported $1.44 revenue$954,200,000

Net sales $354.6M (+18.8% YoY); organic (ex-Indoff) +3.2%.
Operating income $28.2M (+2.5%); operating margin 32.8% vs 35.7%.
Net income $0.54 diluted EPS from continuing ops, vs $0.53 last year.
Board declared $0.20/share dividend; payable Nov 20, 2023, record Nov 13.
Cash flow from ops $38.3M; fully repaid credit facility balance.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GLOBAL INDUSTRIAL Co reported third quarter ended September 30, 2023 results: revenue $354.6 million, net income $20.7 million, EPS $0.54 per diluted share.

Period: third quarter ended September 30, 2023
Revenue: $354.6 million
Net income: $20.7 million
EPS: $0.54 per diluted share
Result: reported results

Exact text from the filing

financial results for the third quarter ended September 30, 2023. --- EX-99.1 (EX-99.1) --- GLOBAL INDUSTRIAL COMPANY REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS Sales of $354.6 Million, Increase 18.8% Operating Income of $28.2 Million; Operating Margin 8.0% Board Declares $0.20 Dividend PORT WASHINGTON, NY, October 31, 2023 – Global Industrial Company (NYSE:

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GLOBAL INDUSTRIAL Co filing history →

Source: SEC EDGAR

accession 0000945114-23-000076

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