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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.
