secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000945114-24-000045
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Industrial Q2 sales +6.8% to $347.8M; EPS $0.52 vs $0.56; dividend $0.25
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- Net sales $347.8M, up 6.8% YoY; organic growth (ex-Indoff) +1.8%.
- Operating income $26.4M, down 9.3% from $29.1M; operating margin 7.6% vs 8.9%.
- GAAP diluted EPS $0.52 from continuing ops vs $0.56 prior year.
- Board declared $0.25/share dividend, payable Aug 19 to holders of record Aug 12.
- Working capital $171.1M, cash $38.8M, $120.6M credit facility availability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511424000045/0000945114-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511424000045/gic-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000945114-24-000045

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