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Stock impact report

Global Industrial Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Global Industrial Company (GIC) 
Company Research Source: Yahoo! Finance
Full Year Sales of $1.27 Billion, Up 9.3%; Operating Income of $96.5 Million and Operating Margin of 7.6% Board Increases Dividend 25%; Declares $0.25 Dividend PORT WASHINGTON, NY / ACCESSWIRE / February 29, 2024 / Global Industrial Company (NYSE:GIC) today announced financial results for the fourth quarter ended December 31, 2023. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended December 31, Year Ended December 31, Net sales Gross profit Gross margin Operating income from continuing operations Operating margin Net income from continuing operations Net income per diluted share from continuing operations Net income from discontinued operations Net income per diluted share from discontinued operations *Global Industrial Company manages its business and reports using a 52-53 week fiscal year that ends at midnight on the Saturday closest to December 31. For clarity of presentation, fiscal years and quart Show less Read more
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