secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2026-08-04T20:35:00+00:00
Accession:  0001628280-26-052645
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Industrial Q2: sales +7.7%, GAAP EPS $0.96; ex-tariff refund adjusted EPS $0.54 vs $0.65
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- Q2 net sales $386.6M (+7.7% YoY); avg daily sales +9.3%.
- GAAP diluted EPS $0.96 vs $0.65; includes $0.42 one-time IEEPA tariff refund benefit.
- Adjusted (ex-tariff refund) diluted EPS $0.54 vs $0.65; adjusted operating income $28.2M vs $33.5M.
- GAAP gross margin 40.2% vs 37.1%; adjusted gross margin 34.7% vs 37.1% (in line with historical).
- Board declared $0.28 dividend (payable Aug 24, record Aug 17); repurchased ~160k shares for $4.7M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000162828026052645/0001628280-26-052645-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000162828026052645/gic-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-052645

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