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Two Blokes Jul 29 -
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Sales of $358.9 Million; Increased 3.2% Operating Income Increased 27% to $33.5 Million; Operating Margin 9.3% Board Declared $0.26 Dividend PORT WASHINGTON, NY / ACCESS Newswire / July 29, 2025 / Global Industrial Company (NYSE:GIC), a value-added distributor and source for industrial equipment and supplies today announced financial results for the second quarter ended June 30, 2025. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net sales $ 358.9 $ 347.8 $ 679.9 $ 671.2 Gross profit $ 133.0 $ 122.5 $ 245.1 $ 233.4 Gross margin 37.1 % 35.2 % 36.0 % 34.8 % Operating income from continuing operations $ 33.5 $ 26.4 $ 51.7 $ 43.8 Operating margin 9.3 % 7.6 % 7.6 % 6.5 % Net income from continuing operations $ 25.1 $ 20.2 $ 38.6 $ 33.3 Net income per diluted share from continuing operations $ 0.65 $ 0.52 $ 0.99 $ 0.86 Net income from discontinued operations $ 0.0 $ 0.1 $ 0.1 $ 0.2 Net income per diluted share from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.01 * Global Industrial Company manages its business and reports using a 52-53 week fiscal year that ends at midnight on the Saturday closest to December 31.
