Global Industrial's Q1 Sales Surge, but Earnings, Margins Slip
Most of the sales jump stemmed from its acquisition of Indoff, but organic revenue was also up.
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Most of the sales jump stemmed from its acquisition of Indoff, but organic revenue was also up.
Global Industrial Company (NYSE:GIC) Q1 2024 Earnings Call Transcript April 30, 2024 Global Industrial Company misses on earnings expectations. Reported EPS is $0.3411 EPS, expectations were $0.38. GIC isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and […]
Global Industrial Company Reports First Quarter 2024 Financial Results ...
30.04.2024 - Sales of $323.4 Million, Increase 18.1% Operating Income of $17.4 Million; Operating Margin 5.4%Board Declares $0.25 DividendPORT WASHINGTON, NY / ACCESSWIRE / April 30, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results ...
Although full-year organic sales were down slightly, the company posted a strong final quarter.