Global Industrial grows sales 3.3% YoY
Global Industrial Company, a value-added distributor and source for industrial equipment and supplies, announced is achieved third quarter sales of $353.6 million, a 3.3% increase compared to the same period last year.
Third Quarter 2025 Financial Summary:
- Consolidated sales increased 3.3% to $353.6 million compared to $342.4 million last year.
- Consolidated gross margin increased to 35.6% compared to 34.0% last year.
- Consolidated operating income from continuing operations increased 18.5% to $26.3 million compared to $22.2 million last year.
- Net income per diluted share from continuing operations increased 9.1% to $0.48 compared to $0.44 last year.
Year to Date Q3 2025 Financial Summary:
- Consolidated sales increased 2.0% to $1.03 billion compared to $1.01 billion last year.
- Consolidated gross margin increased to 35.9% compared to 34.5% last year.
- Consolidated operating income from continuing operations increased 18.2% to $78.0 million compared to $66.0 million last year.
- Net income per diluted share from continuing operations increased 13.8% to $1.48 compared to $1.30 last year.
Chief Executive Officer Anesa Chaibi said, "We delivered our second consecutive quarter of revenue growth and strong profitability, reflecting solid execution and proactive management of the business. Revenue increased 3.3% to $353.6 million and performance was once again driven by our largest strategic accounts, where we are seeing good momentum and progress. Gross margin was 35.6% for the third quarter, an increase of 160 basis points over the third quarter of 2024. Operating income improved 18.5%, and we also had strong cash flow generation in the quarter.
"We are advancing the transformation of our business model and elevating the placement of the customer at the center of everything we do," she continued. "This includes the reframing of our go-to-market strategy to take a more intentional approach to attracting customers, expanding the solutions and products we offer, and enhancing our ability to serve customers. Executing on these initiatives will better position the business to grow, capitalize on new opportunities, and broaden the total addressable market we actively pursue."
As of September 30, 2025, the company had total working capital of $219.5 million, cash and cash equivalents of $67.2 million, and excess availability under its credit facility of approximately $120.5 million. Operating cash flow provided by continuing operations in the quarter was $22.6 million.
INDUSTRIAL SUPPLY MAGAZINE
The September/October issue of Industrial Supply magazine features an in-depth cover story about American Producers Supply. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
