AUG 10·SEC EDGARLow
Clark Thomas Eugene sold $685K of GIC
Clark Thomas Eugene (SVP & Chief Financial Officer) sold 17,500 shares of GLOBAL INDUSTRIAL Co (GIC) at $39.14 ($0.68M total) on 2026-08-06.
StockNYSE · US · USDIndustrials · Industrial Distribution
$GIC
GLOBAL INDUSTRIAL Co
Price · $GICvia TradingView
AI sentiment · 7d0 articles
No enriched coverage for $GIC in the last 7 days.
Insider · 30dAll trades →
- Buys
- — 0 txs
- Sells
- $794K 3 txs
AXMACHER THOMAS2× · $109K
10b5-1 share of filings0%
Top stories · $GICMore →
AUG 5·yahoo.com
Global Industrial Q2 Earnings Call Highlights
Global Industrial (NYSE:GIC) reported Q2 results and discussed a shift toward deeper B2B customer engagement, including inside and field sales, national-account support, and expanded GPO and e-procurement efforts. GPO was on pace for $100 million in annualized sales. GAAP results benefited from about $26 million in IEEPA tariff refunds; adjusted gross margin was 34.7%. Cash was $86.7 million with no debt.
AUG 4·financialcontent.com
Global Industrial (NYSE:GIC) Exceeds Q2 CY2026 Expectations
Global Industrial (NYSE:GIC), formerly Systemax, reported Q2 CY2026 results. Revenue rose 7.7% year on year to $386.6 million, exceeding Wall Street estimates by 2.4%. GAAP profit was $0.96 per share, 81.1% above consensus. The stock rose 1.6% to $37.93 after the release. Analysts expect full-year EPS to decline 5% to $2.10.
GIC sentiment & insider activity
Recent GIC coverage spans earnings, insider activity and corporate actions.
In the last 30 days, GIC insiders filed 3 SEC Form 4 transactions — no purchases and 3 sales ($794K). The most active reporter was AXMACHER THOMAS, VP & Controller, with 2 filings.
What's driving GIC
This is a routine insider open-market sale with no 10b5-1 plan stated; it may slightly affect sentiment but is not a fundamental catalyst by itself.
Tariff-refund accounting boosted GAAP, while adjusted margin was pressured by transportation costs and mix, with management signaling stable adjusted gross margin near 34.7%-34.8%.
The beat on both revenue and EPS, plus a higher operating margin, supports near-term upside versus expectations, but guidance still implies modest growth.
Q2 results show margin and earnings expansion, but a one-time $26.2M IEEPA tariff refund boosted comparables; management says no future refunds are expected to be material.
This is an earnings preview with no new company disclosure beyond prior-quarter results and consensus expectations, so it mainly frames positioning into the print.
alphai scores every news story that mentions GIC with an AI model for sentiment and relevance, and aggregates insider trades from GLOBAL INDUSTRIAL Co's SEC EDGAR Form 4 filings. Figures refresh continuously.
News on $GIC
Score
Clark Thomas Eugene sold $685K of GIC
Clark Thomas Eugene (SVP & Chief Financial Officer) sold 17,500 shares of GLOBAL INDUSTRIAL Co (GIC) at $39.14 ($0.68M total) on 2026-08-06.
1 min readGlobal Industrial Q2 Earnings Call Highlights
Global Industrial (NYSE:GIC) reported Q2 results and discussed a shift toward deeper B2B customer engagement, including inside and field sales, national-account support, and expanded GPO and e-procurement efforts. GPO was on pace for $100 million in annualized sales. GAAP results benefited from about $26 million in IEEPA tariff refunds; adjusted gross margin was 34.7%. Cash was $86.7 million with no debt.
6 min read
Global Industrial (NYSE:GIC) Exceeds Q2 CY2026 Expectations
Global Industrial (NYSE:GIC), formerly Systemax, reported Q2 CY2026 results. Revenue rose 7.7% year on year to $386.6 million, exceeding Wall Street estimates by 2.4%. GAAP profit was $0.96 per share, 81.1% above consensus. The stock rose 1.6% to $37.93 after the release. Analysts expect full-year EPS to decline 5% to $2.10.
4 min readGLOBAL INDUSTRIAL Co (GIC): Results of Operations and Financial Condition
GLOBAL INDUSTRIAL Co (GIC) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 gicform99106302026.htm EX-99.1 Document Exhibit 99.1 GLOBAL INDUSTRIAL REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS Sales Increased 7.7% to $386.6 Million and 9.3% on an Average Daily Sales Basis Board Declared $0.28 Dividend PORT WASHINGTON, NY, August 4, 2026 – Globa
4 min read
Global Industrial (GIC) Q2 Earnings Report Preview: What To Look For
Global Industrial (NYSE: GIC) is set to report Q2 earnings Tuesday after market hours. The company previously reported $350.4M revenue, up 9.2% YoY, and missed EPS estimates. For this quarter, analysts expect revenue up 5.2% YoY. The article cites an average analyst price target of $40 versus $35.27.
2 min readGLOBAL INDUSTRIAL Co (GIC): Entry into a Material Definitive Agreement
GLOBAL INDUSTRIAL Co (GIC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 exhibit101amend4.htm EX-10.1 Document Exhibit 10.1 Execution Version AMENDMENT NO. 4 TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT This AMENDMENT NO. 4 dated as of June 30, 2026 (this “ Agreement ”) is made by and among GLOBAL INDUSTRIAL COMPANY (f/k/a as Systemax Inc.
3 min read
TPG Team to Buy NBFC Aseem Infrastructure Finance for $500 million
TPG Capital, with GIC and ICICI Bank, will acquire Aseem Infrastructure Finance, an Indian non-bank lender backed by NIIF, for about ₹4,800 crore (~$500m), according to people familiar with the matter. The deal supports TPG’s $1bn green financing initiative via TPG Rise Climate. Aseem’s loan book is ₹18,000–20,000 crore; current sponsors exit.
5 min read
RBI imposes ₹66.7 lakh penalty on Bank of Baroda, GIC Housing Finance
The RBI said it imposed a ₹63.6 lakh penalty on Bank of Baroda for non-compliance with Fair Practices Code and KYC norms, including collecting interest above contracted rates and failing to upload some KYC records to CKYCR on time. RBI also fined GIC Housing Finance ₹3.1 lakh for KYC guideline breaches and inadequate six-month risk review.
3 min read
NSE IPO: IFCI, SBI, Bank of Baroda other stocks gain up to 14% as NSE files for India's largest IPO. Who else is selling stake?
Shares of IFCI, SBI and other firms rose up to 14% after the National Stock Exchange (NSE) filed draft IPO papers with SEBI, naming multiple companies as selling shareholders in the offer-for-sale. NSE’s IPO will be an OFS of up to 14.89 crore shares (~$3 billion). SBI plans to sell ~2.47 crore shares; Bank of Baroda ~1.10 crore; GIC ~1.07 crore; New India Assurance ~1.05 crore.
7 min read
GIC OFS opens for retail investors today. Should you participate or not?
GIC’s offer for sale (OFS) opened for retail investors on 17 June after strong non-retail demand on 16 June, with total subscription of 3.72x. GIC shares fell over 3% to ₹347.90 on BSE. The government plans to sell 2% stake (₹1,235 crore) plus a greenshoe to raise up to 5% at a floor price of ₹352, potentially bringing in over ₹3,000 crore.
5 min read