Global Industrial Company to Spotlight Restaurant Solutions at the National Restaurant Association Show 2025 |
Provides solutions designed to serve every space in restaurants and bars PORT WASHINGTON, NY / ACCESS Newswire / May 12, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, will be exhibiting at the National Restaurant Association Show, a leading stage for food service innovation, taking place May 17-20 at McCormick Place in Chicago, IL. For its first National Restaurant Show appearance, Global Industrial will be exhibiting at Booth #5353 in the South Building, showcasing a range of commercial- and industrial-grade solutions designed to improve restaurant and food service efficiency, productivity, and safety. |
accessnewswire.com |
2025-05-12 12:15:00 |
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GIC or SITE: Which Is the Better Value Stock Right Now? |
Investors interested in Industrial Services stocks are likely familiar with Global Industrial (GIC) and SiteOne Landscape (SITE). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-05-06 16:45:53 |
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Global Industrial Company (GIC) Q1 2025 Earnings Call Transcript |
Global Industrial Company (GIC) Q1 2025 Earnings Call Transcript |
seekingalpha.com |
2025-04-30 01:15:46 |
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Global Industrial (GIC) Q1 Earnings and Revenues Surpass Estimates |
Global Industrial (GIC) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.34 per share a year ago. |
zacks.com |
2025-04-29 22:35:30 |
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Global Industrial Company Reports First Quarter 2025 Financial Results |
Sales of $321.0 Million Operating Income of $18.2 Million; Operating Margin 5.7% Board Declares $0.26 Dividend PORT WASHINGTON, NY / ACCESS Newswire / April 29, 2025 / Global Industrial Company (NYSE:GIC), a value-added distributor and source for industrial equipment and supplies today announced financial results for the first quarter ended March 31, 2025. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended March 31, 2025 2024 Net sales $ 321.0 $ 323.4 Gross profit $ 112.1 $ 110.9 Gross margin 34.9 % 34.3 % Operating income from continuing operations $ 18.2 $ 17.4 Operating margin 5.7 % 5.4 % Net income from continuing operations $ 13.5 $ 13.1 Net income per diluted share from continuing operations $ 0.35 $ 0.34 Net income from discontinued operations $ 0.1 $ 0.1 Net income per diluted share from discontinued operations $ 0.00 $ 0.00 * 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. |
accessnewswire.com |
2025-04-29 20:20:00 |
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Global Industrial Company to Report First Quarter 2025 Results on April 29, 2025 |
PORT WASHINGTON, NY / ACCESS Newswire / April 22, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced that it will release financial results for the first quarter ended March 31, 2025, on Tuesday, April 29, 2025, after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. |
accessnewswire.com |
2025-04-22 12:00:00 |
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Global Industrial: High Returns On Capital Attract At These Levels |
The valuation of the shares appears attractive due to the strong returns on capital, high dividend and strong balance sheet. Recent weak sales and profit development have returned the stock back to a level where investors could expect a good future return when the demand environment improves. The shares offer a dividend yield of 4.6% covered by earnings and free cash flow. |
seekingalpha.com |
2025-03-31 12:37:07 |
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Novotech Welcomes New Investment From GIC, Temasek, and Existing Investor TPG to Accelerate Global Growth |
SYDNEY--(BUSINESS WIRE)-- #GIC--Novotech, a globally recognized full-service biotech specialist clinical research organization (CRO), announced today that affiliates of GIC and Temasek have signed binding agreements to acquire a significant stake in the company, with the additional capital earmarked to accelerate its global growth. Existing investor TPG will also reinvest through its TPG Asia fund. Novotech, headquartered in Singapore with a global presence across more than 30 offices, is one of the w. |
businesswire.com |
2025-03-31 03:00:00 |
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Global Industrial Company and Oak View Group Partner to Drive Operational Excellence at Live Entertainment and Sports Properties |
Global Industrial, ‘The Source for Industrial Equipment and Supplies,' to serve as solutions provider for OVG venues and sustainability network GOAL (Green Operations & Advanced Leadership) PORT WASHINGTON, NY / ACCESS Newswire / March 25, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, and Oak View Group (OVG), a global leader in venue development, management, premium hospitality services and 360-degree solutions, today announced a multi-year partnership to drive operational excellence at OVG's portfolio of venues. As part of the partnership, Global Industrial will serve as the primary source for industrial equipment and supplies for OVG's North American live entertainment and sports venues. |
accessnewswire.com |
2025-03-25 10:00:00 |
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Global Industrial Company to Showcase Industrial Equipment Innovations at ProMat 2025 |
-Introduces Recirculating Water Auto Ride-On Floor Scrubber and Electric Pallet Jack- PORT WASHINGTON, NY / ACCESS Newswire / March 11, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, will be exhibiting at ProMat 2025 , the premier manufacturing and supply chain trade event, taking place March 17-20 at McCormick Place in Chicago, IL. Global Industrial will be exhibiting at Booth #S5341 in the South Building, Hall A , showcasing a broad range of industrial solutions designed to enhance efficiency, safety, and productivity in supply chain and warehouse operations. |
accessnewswire.com |
2025-03-11 10:00:00 |
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54 Upcoming Dividend Increases, Including A King |
This week features the largest list of dividend increases ever, with 50 companies, including Coca-Cola extending its 63-year streak with a 5.2% increase. My strategy focuses on companies with consistent dividend growth and outperforming benchmarks, using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ. I recommend the Schwab U.S. Dividend Equity ETF for broad U.S. equity exposure and the Cohen & Steers REIT & Preferred Income Fund for REITs. |
seekingalpha.com |
2025-03-09 00:30:35 |
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Global Industrial Company to Participate in Two Upcoming Investor Conferences |
PORT WASHINGTON, NY / ACCESS Newswire / March 4, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced that management will participate in two upcoming investor conferences. Global Industrial will be attending the Loop Capital Markets 2025 Investor Conference on March 11, 2025 and the Sidoti Small Cap Conference on March 20, 2025. |
accessnewswire.com |
2025-03-04 10:00:00 |
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Global Industrial Q4 Earnings Miss Estimates, Sales Decrease Y/Y |
GIC's Q4 2024 results reflect the softness in its core small and medium-sized business customer base. |
zacks.com |
2025-02-26 14:10:25 |
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Global Industrial (GIC) Lags Q4 Earnings and Revenue Estimates |
Global Industrial (GIC) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.40 per share a year ago. |
zacks.com |
2025-02-25 21:20:19 |
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Global Industrial Company (GIC) Q4 2024 Earnings Conference Call Transcript |
Global Industrial Company (GIC) Q4 2024 Earnings Conference Call Transcript |
seekingalpha.com |
2025-02-25 20:46:03 |
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Global Industrial Reports Fourth Quarter and Full Year 2024 Financial Results |
Fourth Quarter Sales of $302.3 Million; Operating Income of $14.5 Million and Operating Margin of 4.8% Full Year Sales of $1.3 Billion; Operating Income of $80.5 Million and Operating Margin of 6.1% Board Increases Dividend to $0.26 PORT WASHINGTON, NY / ACCESS Newswire / February 25, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced financial results for the fourth quarter ended December 31, 2024. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended December 31, Year Ended December 31, 2024 2023 2024 2023 Net sales $ 302.3 $ 320.1 $ 1,315.9 $ 1,274.3 Gross profit $ 102.3 $ 108.2 $ 452.0 $ 435.8 Gross margin 33.8 % 33.8 % 34.3 % 34.2 % Operating income from continuing operations $ 14.5 $ 21.4 $ 80.5 $ 96.5 Operating margin 4.8 % 6.7 % 6.1 % 7.6 % Net income from continuing operations $ 10.6 $ 15.2 $ 60.7 $ 70.7 Net income per diluted share from continuing operations $ 0.27 $ 0.40 $ 1.57 $ 1.84 Net income from discontinued operations $ 0.1 $ 0.1 $ 0.3 $ 0.0 Net income per diluted share from discontinued operations $ 0.00 $ 0.00 $ 0.01 $ 0.00 * 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. |
accessnewswire.com |
2025-02-25 18:20:00 |
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Global Industrial Company to Report Fourth Quarter 2024 Results on February 25, 2025 |
PORT WASHINGTON, NY / ACCESS Newswire / February 18, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced that it will release financial results for the fourth quarter ended December 31, 2024 on Tuesday, February 25, 2025 after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m. |
accessnewswire.com |
2025-02-18 10:00:00 |
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Silver Lake and GIC Complete Acquisition of Zuora |
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Zuora, Inc., a leading monetization platform for modern business, today announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC Pte. Ltd. (“GIC”), for $10.00 per share in cash. With the completion of the acquisition, Zuora's Class A common stock will cease trading and the Company will no longer be listed on the New York Stock Exchange. “Zuora's vision sparked the shift t. |
businesswire.com |
2025-02-14 11:00:00 |
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Global Industrial Company Announces Appointment of Anesa Chaibi as Chief Executive Officer |
PORT WASHINGTON, NY / ACCESS Newswire / February 10, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced the appointment of Anesa Chaibi as Chief Executive Officer, effective February 17, 2025. Upon Ms. Chaibi's commencement of employment, she will also join the Company's Board of Directors, and Richard Leeds will step down from his role as Interim Chief Executive Officer but remain as Executive Chairman of the Board. |
accessnewswire.com |
2025-02-10 10:00:00 |
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Singapore's GIC invests additional $150 mln in India's TPG-backed Asia Healthcare |
Singapore's sovereign wealth fund GIC will invest an additional $150 million into India-based Asia Healthcare Holdings, the companies said on Wednesday. |
reuters.com |
2024-12-18 01:29:18 |
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Summit Hotel Properties Announces Pending Acquisition of Two-Hotel Portfolio for $96 Million Through GIC Joint Venture |
AUSTIN, Texas , Dec. 10, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), through its joint venture with GIC, today announced that it is under contract to acquire the 250-guestroom Hampton Inn Boston - Logan Airport and the 149-guestroom Hilton Garden Inn Tysons Corner for a combined purchase price of $96.0 million, or $241,000 per key. The purchase price represents an 8.8% capitalization rate based on forecasted 2024 net operating income and no meaningful capital expenditures are planned prior to the fourth quarter of 2026. |
prnewswire.com |
2024-12-10 19:00:00 |
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Global Industrial Introduces New HydroMax Two-Stage Silent Air Compressor with Advanced Variable Speed and Wi-Fi Enabled |
-Engineered for Superior Energy Efficiency, Quiet Operation, and Smartphone Control- PORT WASHINGTON, NY / ACCESSWIRE / December 9, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, announces the latest innovation in pneumatics: the two-stage, silent, variable speed, water-cooled, and Wi-Fi enabled HydroMax Air Compressor. The new Global Industrial™ HydroMax Two-Stage Silent Air Compressor is designed to deliver a safer, more efficient pneumatic system. |
accesswire.com |
2024-12-09 10:00:00 |
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Global Industrial to Participate in Upcoming Investor Conferences |
PORT WASHINGTON, NY / ACCESSWIRE / November 11, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the Stephens NASH24 Conference on November 19, 2024, and the 16th Annual Southwest IDEAS Conference on November 21, 2024. Management will host one-on-one meetings with investors at the Stephens NASH24 Conference and at the Southwest IDEAS Conference. |
accesswire.com |
2024-11-11 10:00:00 |
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Global Industrial Company (GIC) Q3 2024 Earnings Call Transcript |
Global Industrial Company (NYSE:GIC ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Mike Smargiassi - IR, The Plunkett Group Richard Leeds - Chairman & CEO Tex Clark - SVP & CFO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Operator Good afternoon, ladies and gentlemen, and welcome to Global Industrial's Third Quarter 2024 Earnings Call. At this time, I would like to turn the floor over to Mike Smargiassi of The Plunkett Group. |
seekingalpha.com |
2024-10-30 00:00:23 |
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Global Industrial (GIC) Misses Q3 Earnings and Revenue Estimates |
Global Industrial (GIC) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.54 per share a year ago. |
zacks.com |
2024-10-29 21:01:18 |
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Global Industrial Company Reports Third Quarter 2024 Financial Results |
Sales of $342.4 Million Operating Income of $22.2 Million; Operating Margin 6.5% Board Declares $0.25 Dividend PORT WASHINGTON, NY / ACCESSWIRE / October 29, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the third quarter ended September 30, 2024. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net sales $ 342.4 $ 354.6 $ 1,013.6 $ 954.2 Gross profit $ 116.3 $ 116.3 $ 349.7 $ 327.6 Gross margin 34.0 % 32.8 % 34.5 % 34.3 % Operating income from continuing operations $ 22.2 $ 28.2 $ 66.0 $ 75.1 Operating margin 6.5 % 8.0 % 6.5 % 7.9 % Net income from continuing operations $ 16.8 $ 20.7 $ 50.1 $ 55.5 Net income per diluted share from continuing operations $ 0.44 $ 0.54 $ 1.30 $ 1.44 Net income (loss) from discontinued operations $ 0.0 $ 0.0 $ 0.2 $ (0.1 ) Net income (loss) per diluted share from discontinued operations $ 0.00 $ 0.00 $ 0.01 $ 0.00 * 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. |
accesswire.com |
2024-10-29 18:20:00 |
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Global Industrial (GIC) Earnings Expected to Grow: Should You Buy? |
Global Industrial (GIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-22 15:05:22 |
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Omega Increases the GIC Copper-Gold Target to 12 Km Through Strategic Acquisition and Additional Staking |
VANCOUVER, BC / ACCESSWIRE / October 16, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) ("Omega Pacific" or the "Company") is pleased to provide an overview and update on its recent acquisition of additional claims at the Williams property, located in BC's Golden Horseshoe as previously reported (see Omega Press Release dated May 24, 2024). Highlights The Company recently acquired a 51.7 Ha claim located 400 m west of Omega's 2024 drilling Historical soil sampling on the claim returned anomalous copper and gold with assays as high as 12 g/t gold and 0.1% copper Completes a contiguous land package across the whole GIC Prospect Newly staked 1,707 Ha claim which adjoins Williams to the east Geology of the GIC prospect trends directly through the new claim These acquisitions give Omega an uninterrupted strike length of 5 km of gold-in-soil anomalism and increases GIC's overall strike length GIC to 12 km. |
accesswire.com |
2024-10-16 07:05:00 |
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Global Industrial Introduces Hydraulic Drum Handler with Universal Grip and Adjustable Support |
-Designed to Keep Drum Upright During Transportation for Safe Handling- PORT WASHINGTON, NY / ACCESSWIRE / October 15, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, announces the newest product from its Made To Exceed™ line of Global Industrial Exclusive Brands™: the Global Industrial™ Hydraulic Drum Handler with Universal Grip and Adjustable Support. Its innovative design and feature set deliver enhanced efficiency, versatility, ergonomics and safety for most commercial and industrial drum handling applications. |
accesswire.com |
2024-10-15 12:30:00 |
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Global Industrial Company Enters Into Partnership With New York Islanders and UBS Arena |
Expands Sports Marketing Program With Multi-Year Agreement Global Industrial Named Official Industrial Supplier of the Islanders PORT WASHINGTON, NY / ACCESSWIRE / October 7, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced a multi-year marketing partnership with the New York Islanders and UBS Arena. The partnership expands the Company's sports marketing program and enhances its ability to drive brand awareness and deepen customer engagement to both local and national audiences. |
accesswire.com |
2024-10-07 12:30:00 |
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Global Industrial to Participate in Sidoti Small Cap Conference |
PORT WASHINGTON, NY / ACCESSWIRE / September 10, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the Sidoti Small Cap Conference on September 18, 2024. The Company will present at 2:30 p.m. |
accesswire.com |
2024-09-10 12:00:00 |
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Is the Options Market Predicting a Spike in Global Industrial (GIC) Stock? |
Investors need to pay close attention to Global Industrial (GIC) stock based on the movements in the options market lately. |
zacks.com |
2024-09-04 15:11:06 |
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Global Industrial Introduces GlobalPure(TM) PFAS Water Filter to Address Forever Chemicals and Microplastics in Drinking Water |
- Best-In-Class PFAS Filter Standard on Full Line of Bottle Fillers and Drinking Fountains - PORT WASHINGTON, NY / ACCESSWIRE / August 13, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the launch of the newest product in its Made To Exceed™ line of Global Industrial Exclusive Brands™: the GlobalPure™ high-capacity PFAS water filter. The new GlobalPure™ PFAS water filter is designed to improve drinking water quality. |
accesswire.com |
2024-08-13 12:30:00 |
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Party City Appoints Barry Litwin as New President & CEO |
WOODCLIFF LAKE, N.J., Aug. 12, 2024 /PRNewswire/ -- Party City Holdco Inc. is thrilled to announce that Barry Litwin will be joining the company as their new President and Chief Executive Officer (CEO). |
prnewswire.com |
2024-08-12 13:00:00 |
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Global Industrial Appoints Lisa Goldson Armstrong as Senior Vice President & Chief Marketing Officer |
PORT WASHINGTON, NY / ACCESSWIRE / August 12, 2024 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the appointment of Lisa Goldson Armstrong as Senior Vice President & Chief Marketing Officer, effective today. Armstrong will report to Richard Leeds, Interim Chief Executive Officer and Executive Chairman of the Board at Global Industrial, and will be responsible for marketing, customer experience, and branding initiatives across the Company. |
accesswire.com |
2024-08-12 12:30:00 |
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3 Industrial Services Stocks Countering Industry Challenges |
The contraction in the manufacturing sector mars the near-term outlook for the Zacks Industrial Services industry. Companies like GWW, GIC and BOOM are expected to gain from their efforts to gain market share, lowering costs and focus on enhancing digital capabilities. |
zacks.com |
2024-08-06 17:25:16 |
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Omega Pacific Gains Further Insight on Williams Property GIC Prospect and Expands Exploration Strategy |
VANCOUVER, BC / ACCESSWIRE / July 31, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) ("Omega Pacific'' or the "Company") is pleased to provide a detailed interpretation of its recently announced assay results from drill hole WM24-01 and overview of its Phase 1 direction. Highlights: Comparative analysis of drill holes WM22-02, 22-03 and 24-01 evidence robust gold mineralization along chargeability and resistivity anomalies More drilling is warranted proximal to these holes and associated IP anomalies as well as IP anomalies elsewhere along the >4 km GIC trend Drill hole WM24-01 was located 50 m from historical drill hole WM22-02 which had returned strong grades in 2022 At ~250 m, both drill holes share similar grades and geological properties, deepening the Company's understanding of GIC's mineralization controls Moderate IP anomalies are proving to be powerful vectors to gold mineralization Upcoming results from the remaining holes of the initial 2024 drill program will further inform second phase drill program strategy Drill Hole 24-01 Further analysis of last week's drill results reveals promising mineralization potential at GIC, marking a significant step forward in Omega Pacific's exploration efforts. |
accesswire.com |
2024-07-31 07:05:00 |
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Global Industrial Company (GIC) Q2 2024 Earnings Call Transcript |
Global Industrial Company (NYSE:GIC ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Mike Smargiassi - IR, The Plunkett Group Richard Leeds - Chairman & CEO Tex Clark - SVP & CFO Conference Call Participants Ryan Merkel - William Blair Anthony Lebiedzinski - Sidoti & Company Operator Good day, and welcome to the Global Industrial Company Second Quarter 2024 Earnings Call. [Operator Instructions] Please note this event is being recorded. |
seekingalpha.com |
2024-07-31 02:32:09 |
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Global Industrial (GIC) Matches Q2 Earnings Estimates |
Global Industrial (GIC) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.56 per share a year ago. |
zacks.com |
2024-07-30 22:36:07 |
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