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Revenue
The company’s total revenue increased by 3.3% to $353.60 million in 2025 Q3, driven by strong performance in its largest strategic accounts. U.S. sales grew 2.9% to $322.6 million, while Canadian revenue surged 10.8% in local currency, reflecting operational improvements and supply chain investments.
Earnings/Net Income
Global Industrial’s EPS rose 9.1% to $0.48 in 2025 Q3, with net income climbing 11.9% to $18.80 million. The EPS increase and net income growth indicate strong profitability, though both figures fell short of analyst estimates.
Post-Earnings Price Action Review
The stock price edged up 1.07% in the latest trading day but dropped 4.20% month-to-date, reflecting mixed investor sentiment. While the EBITDA beat provided some support, the revenue and EPS misses weighed on momentum.
CEO Commentary
CEO Anesa Chaibi emphasized momentum in strategic accounts, a 3.3% revenue increase, and a 160-basis-point gross margin improvement to 35.6%. She highlighted customer-centric strategies and operational efficiency as key growth drivers.
Guidance
GIC did not provide specific forward-looking revenue, margin, or EPS targets, aligning with its 52-53 week fiscal calendar. The focus remains on strategic initiatives and market positioning without quantified expectations.
Additional News
The board declared a $0.26 per share dividend, reflecting confidence in cash flow generation. Recent news underscored strategic shifts, including intentional pullbacks from low-margin transactional customers and investments in Canadian operations. Tariff pressures and federal spending reductions were cited as ongoing challenges, though pricing actions have partially offset costs.
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