7/109 sources · 6 publishersUpdated Nov 4, 17:13 UTC
Global Industrial declares $1 special dividend after strong Q3 earnings
Global Industrial reported third‑quarter 2026 revenue of $389.5 million, up 10.2% year over year, and GAAP diluted EPS of $0.64, a 33.3% increase. Operating income rose to $32.7 million and gross margin was 35.7%. The board approved a $1‑per‑share special dividend in addition to the regular $0.28 quarterly dividend.
Why it matters
The special dividend returns cash to shareholders and signals confidence in cash flow, while the earnings beat may support the stock’s recent price gains. The quarterly dividend of $0.28 also adds to total shareholder return.
Key facts
- 1The board declared a special cash dividend of $1.00 per share. stocktitan.net
- 2Q3 2026 revenue was $389.5 million, up 10.2% YoY. stocktitan.net
- 3GAAP diluted EPS from continuing operations was $0.64, up 33.3% YoY. stocktitan.net
- 4Operating income from continuing operations was $32.7 million, up 24.3% YoY. fool.com
- 5Gross margin was 35.7%, including 60 basis points of tariff‑refund benefit. fool.com
- 6A regular quarterly dividend of $0.28 per share was also declared. finance.yahoo.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.