Earnings summaries and quarterly performance for GLOBAL INDUSTRIAL.
Executive leadership at GLOBAL INDUSTRIAL.
Anesa Chaibi
Detailed
Chief Executive Officer
CEO
AS
Adina Storch
Detailed
General Counsel and Corporate Secretary
AT
Alex Tomey
Detailed
Chief Merchandising Officer
BL
Bruce Leeds
Detailed
Vice Chairman
CL
Christopher Longhito
Detailed
Chief Supply Chain Officer
CH
Claudia Hughes
Detailed
Chief Sales Officer
DF
Donna Fielding
Detailed
Chief Human Resources Officer
LA
Lisa Armstrong
Detailed
Chief Marketing Officer
MS
Manoj Shetty
Detailed
Chief Information Officer
RL
Richard Leeds
Detailed
Executive Chairman
RL
Robert Leeds
Detailed
Vice Chairman
TC
Thomas Clark
Detailed
Chief Financial Officer
Board of directors at GLOBAL INDUSTRIAL.
Research analysts who have asked questions during GLOBAL INDUSTRIAL earnings calls.
Anthony Lebiedzinski
Sidoti & Company, LLC
5 questions for GIC
Also covers: BSET, CNXN, FLWS +13 more
Michael Francis
William Blair
2 questions for GIC
Also covers: HLMN, KRT, PAL
RM
Ryan Merkel
William Blair & Company
2 questions for GIC
Also covers: AAON, AYI, AZEK +15 more
Matt Kaelberer
Grandeur Peak Global Advisors, LLC
1 question for GIC
Recent press releases and 8-K filings for GIC.
Genesee & Wyoming Announces Latest U.S. Industrial Development Results
GIC
New Projects/Investments
Hiring
- Genesee & Wyoming (G&W) announced 44 industrial development projects across 16 U.S. states, attracting over $1 billion in customer investments.
- These projects are projected to create more than 700 jobs and add over 82,000 carloads to the rail industry.
- The developments primarily occurred in the agriculture, chemical, and minerals & stone sectors, with additional projects in auto, food, and lumber industries.
- Key projects include Incobrasa Industries' $400 million expansion in Illinois and Ag Processing Inc. (AGP)'s $200+ million terminal expansion in Washington.
Jan 14, 2026, 3:35 PM
Global Industrial Company Provides Business Update and Strategic Overview
GIC
M&A
Dividends
New Projects/Investments
- Global Industrial Company (GIC) is a value-added industrial distribution partner specializing in "big and bulky" equipment and supplies in North America, with 40% of its sales derived from higher-margin private brands. The company ranks among the top 15 in the overall MRO industrial distribution space.
- GIC reported 3.5% revenue growth last quarter (Q3 2025) and has rebounded and expanded operating margins in 2025 through the first nine months, targeting a sustainable 9-10% operating margin. It operates as a debt-free company and has delivered approximately 103% of its net income as free cash in 2025 so far.
- The company is actively pursuing strategic growth through acquisitions, including Indoff in 2023, a $180 million outside sales business, and Triad in 2025, a service business marking its entry into equipment servicing. GIC is also investing in its digital capabilities, with over 60% of its transactions being E-enabled, and is implementing a new CRM platform.
- GIC has a strong commitment to returning capital to shareholders, having paid a recurring dividend for over 10 years and increasing it for the last 11 years. The current quarterly dividend is $0.26 per share, representing a yield of just under 3.9%.
Nov 20, 2025, 1:55 PM
Global Industrial Company CFO Discusses Business Strategy and Financial Outlook
GIC
M&A
Dividends
New Projects/Investments
- Global Industrial Company (GIC), an industrial distribution partner founded in 1949, specializes in "big and bulky" equipment and supplies across North America.
- The company's private brands, which constitute approximately 40% of sales, contribute 15%-20% higher gross margins than national brands.
- GIC expanded its operations through strategic M&A, acquiring Indoff in mid-2023 (a $180 million business) and service provider Triad in 2025.
- After a dip in 2023 and 2024 due to the Indoff acquisition, operating margins have rebounded in the first nine months of 2025, with a mid-term target of 9% or 10%.
- GIC maintains a strong financial position as a debt-free company with cash just under $70 million, and has increased its recurring dividend for 11 consecutive years, currently at $0.26 per quarter.
Nov 20, 2025, 1:55 PM
Global Industrial Company Discusses Strategy, Acquisitions, and Financial Performance
GIC
M&A
Dividends
New Projects/Investments
- Global Industrial Company (GIC), founded in 1949, is a value-added industrial distribution partner for equipment and supplies in North America, operating through seven distribution centers and employing approximately 1,800 people. The company specializes in "big and bulky" industrial equipment, with 40% of sales from private brands that offer 15%-20% better gross margins.
- GIC has a fragmented customer base (no single customer accounts for more than 2% of sales) and offers 350,000 unique products. The company is debt-free with cash just under $70 million.
- GIC has completed two acquisitions in the last four years, including Indoff in 2023 (an $180 million outside sales business) and Triad earlier this year (a service business). Operating margins, which ticked down in 2023 and 2024 due to the Indoff acquisition, have rebounded in 2025, with a midterm goal of 9% or 10%.
- The company has a history of returning capital to shareholders, paying a recurring dividend for over 10 years and increasing it annually for the last 11 years. The current quarterly dividend is $0.26, with a yield of just under 3.9% and a targeted payout ratio in the mid-40%.
Nov 20, 2025, 1:55 PM
Global Net Lease Reports Third Quarter 2025 Results and Raises Full-Year AFFO Guidance
GIC
Earnings
Guidance Update
Share Buyback
- Global Net Lease's corporate credit rating was upgraded to investment-grade BBB- from BB+ by Fitch Ratings.
- The company reduced Net Debt by $2.0 billion since Q3 2024, increased liquidity to $1.1 billion in Q3 2025, and completed a $1.8 billion refinancing of its Revolving Credit Facility.
- Full-year AFFO per share guidance was raised to a new range of $0.95 to $0.97 from $0.92 to $0.96.
- For the third quarter of 2025, revenue was $121.0 million, and AFFO per share was $0.24.
- GIC repurchased 12.1 million shares year-to-date at a weighted average price of $7.59, totaling $92 million.
Nov 5, 2025, 9:15 PM
Global Industrial Reports Q3 2025 Revenue and Profit Growth
GIC
Earnings
Revenue Acceleration/Inflection
Dividends
- Global Industrial reported Q3 2025 revenue of $353.6 million, a 3.3% increase year-over-year, with 12.3% growth in Canadian revenue (local currency) and overall growth driven by strategic accounts.
- The company achieved a gross margin of 35.6%, up 160 basis points from Q3 2024, and operating income increased 18.5% to $26.3 million.
- SG&A expenses increased 6% to $99.7 million, primarily due to higher variable compensation expenses related to performance.
- As of September 30, 2025, Global Industrial maintained a strong balance sheet with $67.2 million in cash, no debt, and over $120 million of excess availability under its credit facility.
- Management noted that revenue growth continued into October at higher rates than Q3, and they expect continued year-over-year margin expansion in Q4, with pricing anticipated to be consistent or slightly higher.
Oct 28, 2025, 9:00 PM
Global Industrial Company Reports Strong Q3 2025 Revenue Growth and Profitability
GIC
Earnings
Revenue Acceleration/Inflection
Dividends
- Global Industrial Company (GIC) reported Q3 2025 revenue of $353.6 million, an increase of 3.3% over the prior year, marking its second consecutive quarter of revenue growth.
- The company achieved a gross margin of 35.6%, an increase of 160 basis points over Q3 2024, and operating income improved 18.5% to $26.3 million.
- Performance was driven by growth in strategic accounts, partially offset by an intentional reduction in transactional customers, with management expecting volume decline headwinds from this segment to wane in Q4.
- GIC maintains a strong balance sheet with $67.2 million in cash, no debt, and over $120 million in excess availability under its credit facility as of September 30th.
- The company declared a quarterly dividend of $0.26 per share of common stock.
Oct 28, 2025, 9:00 PM
Global Industrial Company Reports Strong Q3 2025 Revenue and Profitability
GIC
Earnings
Revenue Acceleration/Inflection
Dividends
- Global Industrial Company reported Q3 2025 revenue of $353.6 million, an increase of 3.3% year-over-year, driven by strong performance in strategic accounts and 12.3% growth in Canadian operations.
- Profitability significantly improved, with gross margin at 35.6% (up 160 basis points from Q3 2024) and operating income rising 18.5% to $26.3 million.
- The company maintained a strong financial position as of September 30th, 2025, with $67.2 million in cash, no debt, and a current ratio of 2.2 to 1.
- Selling, general, and administrative (SG&A) expenses increased 6% to $99.7 million, primarily due to higher variable compensation expenses tied to improved performance.
- Management noted positive mid-single-digit pricing in Q3, specifically just over 5%, and expects similar or slightly higher levels in Q4, anticipating continued year-over-year margin expansion in Q4 despite potential sequential pullback.
Oct 28, 2025, 9:00 PM
Global Industrial Company discusses 2024 revenue, growth strategy, and financial strength
GIC
Revenue Acceleration/Inflection
Dividends
New Projects/Investments
- Global Industrial Company (GIC) reported $1.32 billion in revenue for 2024 and achieved a 6.3% CAGR from 2021 through 2024. The company's operating margins were impacted by the 2023 Indoff acquisition but are now building back up, with a focus on profitable growth.
- The company maintains a debt-free balance sheet and strong free cash flow. It has paid a regular quarterly dividend since 2016, which was increased to $0.26 in February 2025, and has a share repurchase program in place.
- GIC is implementing a customer-centric strategy to improve engagement, grow share of wallet, and expand categories, leveraging its exclusive brands which account for roughly 40% of revenue and command a 15%-20% margin premium. The strategy also includes investments in digital enablement, e-commerce, and opportunistic M&A.
Sep 18, 2025, 5:00 PM
Global Industrial Company Discusses 2024 Revenue, Strategy, and Shareholder Returns at Sidoti Conference
GIC
Dividends
Share Buyback
M&A
- Global Industrial Company (GIC) reported $1.32 billion in revenue for 2024 and maintains a debt-free balance sheet.
- The company's strategy is customer-centric, focusing on improving engagement, growing share of wallet, and category expansion, supported by over 40% of revenue from exclusive brands which command a 15%-20% margin premium.
- GIC has consistently returned capital to shareholders, paying a regular quarterly dividend since 2016, most recently increasing it to $0.26 per share in February 2025, and also has a share repurchase program.
- Management is focused on achieving profitable growth and expanding operating margins, noting that the 2023 Indoff acquisition, while accretive on an EPS basis, initially diluted margins.
- The company identifies significant organic growth opportunities by expanding its share of wallet with existing customers, particularly within its fastest-growing strategic/national accounts.
Sep 18, 2025, 5:00 PM
Quarterly earnings call transcripts for GLOBAL INDUSTRIAL.
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