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AI brief of an SEC Form 8-K · GLOBAL INDUSTRIAL Co (GIC)

Global Industrial Q2 sales rise 7.7% to $386.6M; GAAP EPS $0.96 includes tariff refund

Mixed Impact 3 of 5 earnings Written later

Global Industrial reported second-quarter 2026 net sales of $386.6 million, up 7.7% from a year earlier, and GAAP diluted EPS of $0.96 versus $0.65. Results include about $26.2 million of one-time refunds of IEEPA tariffs; excluding that benefit, diluted EPS was $0.54 and operating income was $28.2 million versus $33.5 million last year. The board also declared a $0.28 per share cash dividend.

Key points

  • Net sales rose 7.7% to $386.6 million; average daily sales rose 9.3%.
  • GAAP diluted EPS was $0.96 versus $0.65, including about $26.2 million of IEEPA tariff refunds.
  • Excluding the refunds, diluted EPS was $0.54 and operating income was $28.2 million, compared with $33.5 million a year earlier.
  • Quarterly dividend of $0.28 per share: record date August 17, 2026; payable August 24, 2026.

The filing

CompanyGLOBAL INDUSTRIAL Co (GIC)
Form8-K, current report
Filed with the SECAug 4, 2026, 4:35 PM ET
Accession number0001628280-26-052645

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.