---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-24-000052"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:33:42.168544+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Global Industrial Q3 sales down 3.4% to $342.4M; EPS falls 18.5% to $0.44

## Summary
- Net sales $342.4M vs $354.6M YoY (-3.4%); operating income $22.2M vs $28.2M (-21.3%).
- Gross margin improved to 34.0% from 32.8% due to cost management and product mix.
- Diluted EPS from continuing operations $0.44 vs $0.54 (-18.5%); nine-month EPS $1.30 vs $1.44.
- Board declared $0.25/share dividend, record Nov 11, payable Nov 18, 2024.
- Core SMB demand soft; strategic account business posted strong growth with healthy retention.

## SEC filing metadata
- accession: 0000945114-24-000052
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945114/000094511424000052/0000945114-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511424000052/gic-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-24-000052
- JSON: https://secwatch.observer/filing/0000945114-24-000052.json
- Plain text: https://secwatch.observer/filing/0000945114-24-000052.txt

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