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Global Industrial Company (GIC)
NYSE:GIC
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.5Last Year’s EPS
0.52Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 17.03%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced situation. While there were improvements in operating income and gross margin, along with a strong balance sheet and strategic growth plans, challenges such as revenue decline in Canada, supply chain disruptions due to tariffs, and potential margin volatility were also highlighted.Company Guidance
During the Global Industrial Company's first quarter 2025 earnings call, key guidance metrics were highlighted. The company reported a revenue of $321 million, marking a slight decline of 0.7% compared to the previous year. Despite this, gross margin improved by 60 basis points to 34.9%, and operating income increased by 4.6%, reflecting strong cost management. The company maintained a robust balance sheet with a current ratio of 2.1:1, holding $39 million in cash, no debt, and approximately $120.5 million of excess availability under its credit facility. Operating cash flow was $3.3 million, while capital expenditures were projected to be between $2 million and $3 million for the year. Strategic growth initiatives, including CRM implementation and account-based marketing, are expected to enhance customer relationships and drive future growth. The company also addressed the impact of newly enacted tariffs, which have disrupted supply chains and pricing dynamics, but emphasized its strong inventory position and efforts to mitigate these effects.Stable Revenue Amid Challenges
Global Industrial reported $321 million in revenue, a decline of less than 1% compared to the previous year, showing resilience despite a soft start in January.
Improved Operating Income
Operating income improved by 4.6% over the first quarter of 2024, thanks to strong cost controls and increased gross margin.
Increased Gross Margin
Gross margin increased by 60 basis points over the prior year and 110 basis points sequentially, benefiting from price capture and effective freight management.
No Debt and Strong Liquidity
The company maintained a strong balance sheet with $39 million in cash, no debt, and $120.5 million of excess availability under its credit facility.
Positive Customer Relationships
Global Industrial continues to enjoy high customer satisfaction scores and aims to strengthen customer relationships during the current supply chain disruptions.
Strategic Growth Initiatives
The company is developing an account-based marketing program and improving sales alignment, with initiatives like a new CRM expected to complete by summer.
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GIC Earnings History
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
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GIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 29, 2025 | $22.19 | $25.68 | +15.73% |
| Feb 25, 2025 | $24.03 | $23.93 | -0.42% |
| Oct 29, 2024 | $32.41 | $25.73 | -20.61% |
| Jul 30, 2024 | $34.83 | $33.94 | -2.56% |
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.
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FAQ
When does Global Industrial Company (GIC) report earnings?
Global Industrial Company (GIC) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Global Industrial Company (GIC) earnings time?
Global Industrial Company (GIC) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GIC EPS forecast?
GIC EPS forecast for the fiscal quarter 2025 (Q2) is 0.5.
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