Global Industrial Co (GIC)

Global Industrial beat revenue expectations and matched adjusted EPS in the fiscal second quarter of 2026, reported on 2026-08-04, as revenue rose 7.7% to about $386.6 million and cleared the $377.4 million consensus by 2.4%, while adjusted EPS of $0.54 matched the $0.54 estimate. The U.S., its largest market, generated about $362.2 million of sales and grew 6.3% year over year, and Canada added roughly $24.4 million with 34.1% growth. Gross margin held near 40% and operating margin was about 13% as gross profit reached roughly $155.4 million and operating income came to about $49.3 million. Net income climbed 47.8% to about $37.1 million from $25.1 million a year earlier, even as adjusted EPS fell 16.9% from $0.65. Operating cash flow was about $39.6 million, and the company paid roughly $10.8 million in dividends. Consensus for the next period calls for EPS of $0.55 on revenue of $380.5 million.