{"schema_version":"secwatch.filing_event.v1","accession":"0000945114-24-000011","form_type":"8-K","ticker":"GIC","cik":"0000945114","company_name":"GLOBAL INDUSTRIAL Co","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.379549+00:00","generated_at":"2026-06-05T07:50:04.302682+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Global Industrial Q4 sales up 22.9% to $320M; dividend raised 25%","bullets":["Q4 sales $320.1M (+22.9% YoY); ex-Indoff organic sales +5.1%.","Q4 diluted EPS from cont. ops $0.40 vs $0.35; operating income $21.4M (+20.9%).","Full year 2023 sales record $1.27B (+9.3%); diluted EPS $1.84 vs $2.04 (-9.8%).","Board raises quarterly dividend 25% to $0.25/share; record Mar 11, payable Mar 18.","Cash $34.4M; excess credit facility $101.2M; Q4 operating cash flow $8.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0000945114-24-000011","json":"https://secwatch.observer/filing/0000945114-24-000011.json","markdown":"https://secwatch.observer/filing/0000945114-24-000011.md","text":"https://secwatch.observer/filing/0000945114-24-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/945114/000094511424000011/0000945114-24-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/945114/000094511424000011/gic-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:50:04.302682+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":"0fd1fc2e2010cca2353fe1da08553440949e0eda","claim":"GLOBAL INDUSTRIAL Co reported the fourth quarter ended December 31, 2023 results: revenue $320.1 million, net income $15.2 million, EPS $0.40 per diluted share.","evidence_excerpt":"the fourth quarter ended December 31, 2023. --- EX-99.1 (EX-99.1) --- GLOBAL INDUSTRIAL REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Fourth Quarter Sales of $320.1 Million, Up 22.9%; Operating Income of $21.4 Million and Operating Margin of 6.7% Full Year Sales of $1.27 Billion, Up 9.3%; Operating Income of $96.5 Million and Operating Margin of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945114/000094511424000011/0000945114-24-000011-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$320.1 million"},{"label":"Net income","value":"$15.2 million"},{"label":"EPS","value":"$0.40 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7e88f6e10f3b263eb80c4aa158c6616ca85b9e96","claim":"GLOBAL INDUSTRIAL Co reported fiscal year ended December 31, 2023 results: revenue $1.27 billion, net income $70.7 million, EPS $1.84 per diluted share.","evidence_excerpt":"QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Fourth Quarter Sales of $320.1 Million, Up 22.9%; Operating Income of $21.4 Million and Operating Margin of 6.7% Full Year Sales of $1.27 Billion, Up 9.3%; Operating Income of $96.5 Million and Operating Margin of 7.6% Board Increases Dividend 25%; Declares $0.25 Dividend PORT WASHINGTON, NY, February 29, 2024 – Global","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945114/000094511424000011/0000945114-24-000011-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$1.27 billion"},{"label":"Net income","value":"$70.7 million"},{"label":"EPS","value":"$1.84 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"}