← Back

Global Industrial Co

Global Industrial Company, through its subsidiaries, operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in the United States and Canada. It offers storage and shelving products, safety and security products, carts and trucks, HVAC and fans, furniture and decor, material handling products, janitorial and facility maintenance products, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping products, lighting and electrical products, foodservice and retail products, medical and laboratory products, motors and power transmission products, building supplies, machining products, fasteners and hardware, vehicle maintenance products, and raw materials. The company distributes its industrial and MRO products under the Global, GlobalIndustrial.com, Nexel, Paramount, Interion, and Absocold brands. The company serves for-profit and not-for-profit businesses; state, local, and private educational organizations; and government entities, including federal, state, and local municipalities through relationship marketers, e-commerce sites, and catalogs. The company was formerly known as Systemax Inc and changed its name to Global Industrial Company in June 2021. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.

Price · split & dividend adjusted
News & notes moving GIC
GIC▲

Global Industrial reports 7.7% revenue growth and $0.96 GAAP EPS in Q2 2026

Global Industrial reported second-quarter 2026 net sales of $386.6 million, a 7.7% increase driven by volume and price growth across customer verticals, with average daily sales up 9.3% marking the third consecutive quarter of high single-digit gains. GAAP diluted earnings per share reached $0.96, a 47.7% jump largely due to a one-time $26.2 million benefit from IEEPA tariff refunds, while non-GAAP diluted EPS was $0.54 excluding a $0.42 per share refund impact. Non-GAAP gross margin declined to 34.7% from 37.1% a year earlier, reflecting transportation inflation and shifts in product and channel mix, and the company highlighted that its GPO initiative reached an annualized sales run rate of $100 million. Canada revenue grew 33.7% in local currency, the fourth straight quarter of double-digit growth, and U.S. revenue rose 6.3% supported by strategic accounts and vertical specialization. The company ended the quarter with $86.7 million in cash and no debt, repurchased $4.7 million in shares, and declared a quarterly dividend of $0.28 per share.
GIC ▲
The Motley Fool·15dRead more ▾
GIC▼

Blue Bird and Corning Surge as Momentum Industrials, Global Industrial Flagged as Risky

Blue Bird and Corning have posted strong one-month returns of 12.9% and 45% respectively, while Global Industrial is deemed risky despite an 11.1% gain. Blue Bird, a school bus manufacturer, has seen exceptional 14.3% annual revenue growth over five years and a 21-percentage-point increase in free cash flow margin. Corning, a glass and electronic components supplier, reported 12.6% annual revenue growth over two years and 26.9% annual EPS growth, with a 16.8% sales growth outlook. Global Industrial faces muted 3.1% annual revenue growth and diminishing returns on capital, with its stock at $33.87 implying an 18.1x forward P/E. Blue Bird trades at $78.27 per share with a 15.5x forward P/E, while Corning is at $256.24 with a 65.8x forward P/E.
BLBD ▲GIC ▼GLW ▲
Yahoo Finance·58dRead more ▾
© 2026 MarketDXAsset