---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-25-000010"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T05:20:33.960130+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Global Industrial Q4 sales down 5.6% to $302.3M; operating income falls 32% to $14.5M

## Summary
- Q4 2024 operating income from continuing operations $14.5M vs $21.4M YoY; operating margin 4.8% vs 6.7%.
- Q4 net sales $302.3M, a 5.6% decline year-over-year; gross margin flat at 33.8%.
- Full-year 2024 sales rose 3.3% to $1.32B but core business (ex-Indoff) fell 0.6% on an average daily sales basis.
- Full-year diluted EPS from continuing operations $1.57, down 14.7% from $1.84 in 2023.
- Dividend increased to $0.26 per share, payable March 17 to holders of record March 10.

## SEC filing metadata
- accession: 0000945114-25-000010
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945114/000094511425000010/0000945114-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511425000010/gic-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-25-000010
- JSON: https://secwatch.observer/filing/0000945114-25-000010.json
- Plain text: https://secwatch.observer/filing/0000945114-25-000010.txt

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