NYSE$GIC

Global Industrial Company · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Global Industrial reported Q4 2021 financial results, with record gross margin driving improved profitability.

Global Industrial Company reported a decrease in consolidated sales by 4.3% to $262.0 million compared to $273.9 million last year, but increased 3.5% on an average daily sales basis. Consolidated operating income grew 23.7% to $26.1 million. Net income per diluted share from continuing operations increased 26.2% to $0.53 compared to $0.42 last year.

  • Consolidated sales decreased 4.3% to $262.0 million.
  • Sales increased 3.5% on an average daily sales basis.
  • Consolidated operating income grew 23.7% to $26.1 million.
  • Net income per diluted share from continuing operations increased 26.2% to $0.53.

Headline financials

Total Revenue

$262M

Previous: $274M-4.3%
EPS (adj)

$0.53

Previous: $0.42+26.2%
Gross Margin

37.0%

No prior period
Operating Margin

10.0%

Previous: 7.7%+29.9%
Free Cash Flow

-$1.1M

Previous: $24.3M-104.5%
Net Income

$20.3M

Previous: $16.4M+23.8%
Operating Income

$26.1M

Previous: $21.1M+23.7%
Gross Profit

$97M

Previous: $93.1M+4.2%
Cash & Equivalents

$15.4M

Previous: $22.4M-31.3%
Total Assets

$405M

Previous: $375M+8.0%
Stock-Based Comp

$900K

Previous: $1.2M-25.0%

Revenue & EPS history

Global Industrial · Revenue · Quarterly

$262M

Q4 2021-4.3%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

As we move into 2022, we will continue to innovate and strengthen our competitive position. We are investing in key strategic initiatives, specifically in areas such as sales, marketing, private brand, digital transformation, and distribution. We believe these efforts will help us drive better execution, enhance our ability to deliver an exceptional customer experience, allow us to expand market share and support our growth for years to come.

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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