NYSE$GIC
Global Industrial Company · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported an increase in sales and a decrease in operating income.
Global Industrial Company reported an 18.1% increase in sales to $323.4 million for the first quarter of 2024. However, operating income decreased by 2.2% to $17.4 million, and net income per diluted share decreased by 2.9% to $0.34.
- Consolidated sales increased by 18.1% to $323.4 million.
- Consolidated gross margin declined to 34.3%.
- Consolidated operating income from continuing operations decreased by 2.2% to $17.4 million.
- Net income per diluted share from continuing operations decreased by 2.9% to $0.34.
Headline financials
Revenue & EPS history
Global Industrial · Revenue · Quarterly
$323M
Forward guidance
The company is focused on championing the customer across every facet of the business and delivering an exceptional end-to-end shopping experience. Continued investments in sales, marketing, merchandising and customer service will help drive operating efficiencies, accelerate customer engagement, strengthen competitive position and capture market share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+1.4%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.7%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+32.5%
Q2 2015
Best reaction
-27.5%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | -10.9% | -6.9% | |
| Q4 2025 | +7.6% | +8.9% | +0.5% | |
| Q3 2025 | -18.2% | -19.8% | -18.4% | |
| Q1 2025 | +15.7% | +15.4% | +17.4% | |
| Q4 2024 | -0.4% | -4.2% | -7.2% | |
| Q3 2024 | -21.2% | -19.8% | -14.4% | |
| Q2 2024 | -0.9% | -5.5% | -5.7% | |
| Q1 2024 | -12.4% | -11.7% | -13.3% | |
| Q4 2023 | -3.7% | +1.6% | +2.2% | |
| Q3 2023 | +10.4% | +8.5% | +11.7% | |
| Q2 2023 | +4.0% | +11.7% | +18.7% | |
| Q1 2023 | -14.3% | -12.6% | -4.4% | |
| Q4 2022 | -0.8% | -3.8% | -12.0% | |
| Q3 2022 | -27.5% | -25.2% | -21.1% | |
| Q2 2022 | -12.4% | -10.0% | -17.7% | |
| Q1 2022 | +17.6% | +9.3% | +15.2% | |
| Q4 2021 | -1.2% | -7.6% | +0.7% | |
| Q3 2021 | -4.2% | -1.2% | -5.7% | |
| Q2 2021 | +2.0% | -0.2% | +0.6% | |
| Q1 2021 | -23.1% | -19.8% | -20.9% | |
| Q4 2020 | -15.8% | -18.2% | -10.9% | |
| Q3 2020 | +23.9% | +21.2% | +33.7% | |
| Q2 2020 | +17.7% | +14.8% | +11.6% | |
| Q1 2020 | +3.7% | +1.0% | +5.5% | |
| Q4 2019 | -4.3% | -8.2% | -17.0% | |
| Q3 2019 | -10.0% | -12.9% | -5.9% | |
| Q2 2019 | +14.5% | +6.8% | +5.4% | |
| Q1 2019 | +4.2% | +3.0% | -10.2% | |
| Q4 2018 | -15.7% | -13.6% | -10.6% | |
| Q3 2018 | +25.1% | +19.7% | +8.6% | |
| Q2 2018 | +5.1% | -12.9% | -16.5% | |
| Q1 2018 | -2.4% | -2.4% | +5.1% | |
| Q4 2017 | -7.1% | -6.0% | -7.2% | |
| Q3 2017 | +13.8% | +9.4% | +9.5% | |
| Q2 2017 | +29.5% | +43.2% | +34.9% | |
| Q1 2017 | +29.3% | +29.7% | +31.0% | |
| Q4 2016 | +12.9% | +13.8% | +38.7% | |
| Q3 2016 | -5.3% | -4.1% | +11.2% | |
| Q2 2016 | +2.2% | +0.6% | -7.1% | |
| Q1 2016 | -1.5% | — | — | |
| Q4 2015 | +5.3% | — | — | |
| Q3 2015 | -5.6% | — | — | |
| Q2 2015 | +32.5% | — | — | |
| Q1 2015 | -3.6% | — | — | |
| Q4 2014 | +3.3% | — | — | |
| Q3 2014 | +0.2% | — | — | |
| Q2 2014 | +9.2% | — | — | |
| Q1 2014 | -3.1% | — | — | |
| Q4 2013 | +6.5% | — | — | |
| Q3 2013 | +0.4% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q1 2013 | -3.7% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q3 2012 | -4.3% | — | — | |
| Q4 2011 | +2.5% | — | — | |
| Q2 2012 | +2.5% | — | — | |
| Q1 2011 | -3.7% | — | — | |
| Q1 2012 | +2.3% | — | — | |
| Q4 2009 | +1.9% | — | — | |
| Q3 2010 | +4.0% | — | — | |
| Q3 2011 | +4.0% | — | — | |
| Q2 2011 | +2.7% | — | — | |
| Q2 2010 | +2.7% | — | — | |
| Q4 2010 | +2.7% | — | — | |
| Q1 2010 | -2.8% | — | — |
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