NYSE$GIC

Global Industrial Company · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Global Industrial reported its fourth quarter and full year 2024 financial results, with fourth quarter sales of $302.3 million, operating income of $14.5 million, and an operating margin of 4.8%.

Global Industrial Company reported a decrease in fourth quarter sales by 5.6% to $302.3 million compared to the previous year. Operating income from continuing operations decreased by 32.2% to $14.5 million, and net income per diluted share from continuing operations decreased by 32.5% to $0.27.

  • Fourth quarter sales decreased 5.6% to $302.3 million.
  • Operating income from continuing operations decreased 32.2% to $14.5 million.
  • Net income per diluted share from continuing operations decreased 32.5% to $0.27.
  • Gross margin remained consistent at 33.8% for the fourth quarter.

Headline financials

Total Revenue

$302M

Previous: $320M-5.6%
EPS (adj)

$0.27

Previous: $0.40-32.5%
Capital Expenditures

-$700K

Previous: -$600K-16.7%
Free Cash Flow

$15.2M

No prior period
Net Income

$10.7M

Previous: $15.2M-29.6%
Operating Income

$14.5M

Previous: $21.4M-32.2%
Gross Profit

$102M

Previous: $108M-5.5%
R&D Expense

$0.00

No prior period

Revenue & EPS history

Global Industrial · Revenue · Quarterly

$302M

Q4 2024-5.6%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The company anticipates continuing a regular quarterly dividend in the future. They are well-positioned to continue investing in growth, evaluating strategic opportunities, and driving long-term performance.

Tailwinds

  • Anticipates continuing a regular quarterly dividend.
  • Well-positioned to continue investing in growth.
  • Ability to evaluate strategic opportunities.
  • Committed to driving long-term performance.
  • Strong cash flow generation during the year, ending 2024 with more than $44 million in cash.

Headwinds

  • Results softened as the year progressed with continued weakness in core small and medium-sized businesses customer base.
  • Not satisfied with financial performance despite progress in customer experience.
  • Sales declined 0.6% excluding Indoff on a year-over-year basis.
  • Operating income decreased 16.6% for the full year.
  • Net income per diluted share decreased 14.7% for the full year.

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 2024

Historical avgQ4 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

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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