secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0000945114-23-000076
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511423000076/0000945114-23-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511423000076/gic-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000945114-23-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer