Highest-materiality recent filing
Global Industrial Q1 revenue up 9.2% to $350.4M; EPS $0.39 vs $0.35
Net sales $350.4M (+9.2% YoY); average daily sales up 7.6%.
Global Industrial Q4 sales up 14.3% to $345.6M, EPS $0.38 (+40.7%), dividend raised 7.7% to $0.28
Q4 net sales $345.6M (+14.3% YoY); operating income $19.6M (+35.2%); diluted EPS $0.38 (+40.7%).
Global Industrial Q3 sales $353.6M (+3.3%), operating income +18.5%, gross margin expands 160bps
Q3 EPS from continuing ops $0.48 vs $0.44 last year (+9.1%); YTD EPS $1.48 vs $1.30.
Global Industrial awards $1M special bonus to Executive Chairman Leeds for interim CEO service
Board approved one-time cash bonus of $1,000,000 to Richard B. Leeds, Executive Chairman.
Global Industrial Q2 sales +3.2% to $358.9M; EPS $0.65, record gross margin 37.1%
Consolidated sales $358.9M, up 3.2% YoY; driven by largest strategic accounts.
Global Industrial Company Announces Results of 2025 Annual Meeting of Stockholders
Elected eight directors: Richard B. Leeds, Bruce Leeds, Robert Leeds, Anesa T. Chaibi, Chad M. Lindbloom, Gary S. Michel, Paul S. Pearlman, Robert D. Rosenthal.
Net sales $321.0M vs $323.4M prior year; gross margin 34.9% (+60 bps YoY).
Global Industrial Q4 sales down 5.6% to $302.3M; operating income falls 32% to $14.5M
Q4 2024 operating income from continuing operations $14.5M vs $21.4M YoY; operating margin 4.8% vs 6.7%.
Global Industrial appoints Anesa Chaibi as CEO, effective Feb 17, 2025
Anesa Chaibi named CEO and Board member; Richard Leeds steps down as interim CEO but remains Executive Chairman.
Global Industrial Q3 sales down 3.4% to $342.4M; EPS falls 18.5% to $0.44
Net sales $342.4M vs $354.6M YoY (-3.4%); operating income $22.2M vs $28.2M (-21.3%).
Global Industrial Q2 sales +6.8% to $347.8M; EPS $0.52 vs $0.56; dividend $0.25
Net sales $347.8M, up 6.8% YoY; organic growth (ex-Indoff) +1.8%.
CEO Barry Litwin resigns; Executive Chairman Richard Leeds named interim CEO effective Aug 9, 2024
Barry Litwin resigns as CEO and board member effective Aug 9, 2024 to pursue another opportunity; no disagreement with company.
Global Industrial stockholders elect all eight director nominees at annual meeting
All eight director nominees elected; votes ranged from 29.7M (Rosenthal) to 35.9M (Michel).
In connection with Ms. Chaibi’s appointment, Richard B. Leeds resigned as the Company’s Interim Chief Executive Officer, effective as of the Effective Date.
Ms. Chaibi was also appointed to serve as a member of the Board as of the Effective Date, for a term expiring at the Company’s 2025 annual meeting of stockholders and until her successor is elected and qualified or until her earlier resignation or removal.
On February 10, 2025, Global Industrial Company (the “Company”) announced the appointment of Anesa Chaibi as Chief Executive Officer (principal executive officer) of the Company, effective February 17, 2025 (the “Effective Date”).
On July 10, 2024 , the Company’s Board of Directors appointed Mr. Richard B. Leeds, the Executive Chairman of the Board, to serve as Chief Executive Officer on an interim basis effective August 9, 2024.
On July 10, 2024 , Barry Litwin, Chief Executive Officer of Global Industrial Company (the “Company”), notified the Company that he was resigning as Chief Executive Officer and a member of the Board of Directors of the Company effective August 9, 2024.
Max materiality 0.75 · Median 0.65 · Most common event earnings