Global Industrial's Profit Margins Edge Up, Valuation Remains Undemanding

Global Industrial (GIC) reported net profit margins of 5.1%, up from 4.9% a year ago, with EPS growth at 4.2% over the past year. Annual earnings are forecast to rise 11% and revenue about 4.1% per year. The company's PE ratio sits at 16.3x, lower than its industry and peer averages, indicating undemanding valuations. Analysts expect margin expansion to continue, driven by high-value accounts and digital transformation.