---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-23-000076"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:27:02.365021+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000945114-23-000076
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945114/000094511423000076/0000945114-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511423000076/gic-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-23-000076
- JSON: https://secwatch.observer/filing/0000945114-23-000076.json
- Plain text: https://secwatch.observer/filing/0000945114-23-000076.txt

## Key facts
- Earnings Releases
  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
  source text: 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:
  evidence_url: https://www.sec.gov/Archives/edgar/data/945114/000094511423000076/0000945114-23-000076-index.htm

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