The earnings call highlighted strong financial performance with record profitability and revenue growth, supported by strategic initiatives focused on specialization and expansion. However, challenges such as the reduction in smaller accounts and the impact of tariffs were noted. Overall, the company appears well-positioned for future growth despite these challenges.
Company Guidance -
Q3 2025
During Global Industrial's Second Quarter 2025 Earnings Call, the company provided several key metrics and insights into their performance and future guidance. Revenue for the quarter increased by 3.2% to $358.9 million, with U.S. revenue up 3% and Canadian revenue improving by 7.4% in local currency. The gross margin reached a record 37.1%, with a 190 basis point increase from the previous year, contributing to a 26% rise in operating income, which hit $33.5 million, representing a 9.3% operating margin. The company also highlighted strong cash flow generation and a healthy inventory position. While some gross margin improvements are seen as temporary, they reflect the company's ability to manage price and inventory effectively. Looking forward, Global Industrial aims to focus on specialization and expansion by targeting key customers and broadening product categories to enhance customer engagement. The company's balance sheet remains robust, with $55.1 million in cash and no debt, providing flexibility to pursue strategic growth initiatives, including potential mergers and acquisitions. Additionally, the company plans to implement further pricing actions as inventory affected by tariffs moves through cost of sales.
Record Profitability
Global Industrial achieved record profitability in Q2 2025 with operating income improving over 26% to $33.5 million. This represents a quarterly record for the company.
Revenue Growth
Revenue increased by 3.2% to $358.9 million compared to Q2 2024, with U.S. revenue up 3% and Canada revenue improving 7.4% in local currency.
Gross Margin Expansion
Gross margin was a record 37.1% for Q2 2025, increasing 190 basis points over Q2 2024 and 220 basis points over Q1 2025.
Strong Cash Flow
Operating cash flow from continuing operations was $31.8 million in the second quarter.
Strategic Growth Initiatives
The company is focusing on specialization and expansion, targeting key customers, and broadening product categories to drive profitable growth.
Global Industrial Company (GIC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GIC Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 29, 2025
$26.91
$34.12
+26.79%
Apr 29, 2025
$21.80
$25.23
+15.73%
Feb 25, 2025
$23.61
$23.51
-0.42%
Oct 29, 2024
$31.85
$25.28
-20.63%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Global Industrial Company (GIC) report earnings?
Global Industrial Company (GIC) is schdueled to report earning on Nov 04, 2025, After Close (Confirmed).
What is Global Industrial Company (GIC) earnings time?
Global Industrial Company (GIC) earnings time is at Nov 04, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.