Loading...
•
Jun 30, 2021
Global Industrial Q2 2021 Earnings Report
Reported a sales increase of 12.6% and operating income increase of over 22%.
Key Takeaways
Global Industrial Company reported a strong second quarter with sales increasing by 12.6% to $272.6 million and operating income increasing by over 22% to $24.7 million. The company's net income per diluted share from continuing operations also increased by 37.5% to $0.55.
Consolidated sales increased 12.6% to $272.6 million compared to $242.1 million last year.
Consolidated operating income from continuing operations increased 22.9% to $24.7 million compared to $20.1 million last year.
Net income per diluted share from continuing operations increased 37.5% to $0.55 compared to $0.40 last year.
The Board of Directors has declared a cash dividend of $0.16 per share.
Forward Guidance
Global Industrial is bringing additional value, driving satisfaction levels, increasing loyalty, and building deeper relationships with customers. With a powerful customer growth model and scalable infrastructure, we remain well positioned to further capitalize on the shift to B2B e-commerce and drive long-term growth.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...