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Global Industrial Company  (GIC)
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Price: $44.3000 $0.01 0.023%
Day's High: $44.73 Week Perf: -0.18 %
Day's Low: $ 44.30 30 Day Perf: 9.82 %
Volume (M): 44 52 Wk High: $ 45.85
Volume (M$): $ 1,967 52 Wk Avg: $32.08
Open: $44.73 52 Wk Low: $20.52



 Market Capitalization (Millions $) 1,692
 Shares Outstanding (Millions) 38
 Employees -
 Revenues (TTM) (Millions $) 1,214
 Net Income (TTM) (Millions $) 69
 Cash Flow (TTM) (Millions $) 14
 Capital Exp. (TTM) (Millions $) 6

Global Industrial Company
Global Industrial Company is a well-known multinational company that specializes in manufacturing and distribution of a wide range of industrial equipment, supplies, and related products. The company was founded in 1949 and is headquartered in Port Washington, New York. It operates through various business segments such as janitorial and maintenance, material handling, packaging and supplies, storage and shelving, workbench and shop desks, HVAC, electrical and lighting, and outdoor and grounds maintenance.

The company has a global presence and operates in multiple countries, with a strong network of distribution centers and offices. It has over7 million products available to customers, including its own private label called Global Industrial. Its products are commonly used by businesses, institutions, and individuals in various industries such as manufacturing, construction, healthcare, education, and hospitality, among others.

Through its robust e-commerce platform, the company offers customers a user-friendly and convenient way to purchase products online. It also offers several value-added services such as product customization, special pricing for large orders, and same-day shipping for select products.

Global Industrial Company has established a reputation for quality and reliability, and its commitment to providing exceptional customer service has been a key driver of its success. Its team of experienced and knowledgeable sales representatives is available to assist customers with product selection and technical support.

The company also focuses on sustainability and environmental responsibility, offering eco-friendly products and promoting recycling and waste reduction initiatives.

In summary, Global Industrial Company is a leading global provider of industrial equipment, supplies, and related products, with a wide array of offerings, a strong global presence, and a commitment to sustainability and customer service.


   Company Address: 11 Harbor Park Drive Port Washington 11050 NY
   Company Phone Number: 608-7000   Stock Exchange / Ticker: NYSE GIC
   


   

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Global Industrial Company

Global Industrial Company Set to Achieve Astounding Growth in the Third Quarter of 2023

Global Industrial Company, a Broadcasting Media & Cable TV firm, has reported an impressive double-digit revenue advance of 18.693% to $354.30 million in the fiscal time-frame closing September 30, 2023 compared to the previous year. This led to a modest profit growth of 1.89% to $0.54 per share. The company's top-line growth in the third quarter of 2023 is in line with its peers in the Broadcasting Media & Cable TV sector, which achieved an overall 1.36% revenue advance in the same period.
Although the earnings per share (EPS) experienced a slight dip of -3.57% from $0.56 per share in the preceding reporting period, the company's revenue managed to advance by 8.748% from $325.80 million. Additionally, the bottom-line improved to $20.700 million, marking a 2.48% increase from the net earnings of $20.200 million reported in the same fiscal time-frame last year.

Global Industrial Company

Global Industrial Company Announces Sensible Revenue Surge Amid 2.292% Improvement in Q2 2023 Despite Overall Income Reduction



Global Industrial Company, a Broadcasting Media & Cable TV company, experienced a disappointing second quarter of the 2023 earnings season, reporting a significant decline in income despite a modest increase in revenue. While the company outperformed its industry peers on the business front, several crucial financial indicators paint a bearish outlook for the firm. This article will delve into the financial performance of Global Industrial Company, analyzing key metrics that suggest a challenging road ahead.
Declining Income and Revenue Growth:
In the second quarter of 2023, Global Industrial Company witnessed a 6.67% reduction in income compared to the same period the previous year, despite a 2.292% improvement in revenue. The company's revenue stood at $325.80 million, accompanied by an EPS of $0.56. Although revenue growth outpaced the Broadcasting Media & Cable TV industry average of 1.40%, this accomplishment failed to offset the stark decline in income.






 

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