Global Industrial Reports Third Quarter 2026 Financial Results
Business Wire•03/11/2026•16:20 ET
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Key Highlights
- ➤Q3 sales $389.5M, up 10.2%; average daily sales increased 8.5%
- ➤Q3 operating income $32.7M, up 24.3%; margin expanded to 8.4%
- ➤Q3 diluted EPS $0.64, up 33.3%; tariff refunds added approximately $0.04
- ➤Board declared $0.28 regular and $1.00 special dividend per share
- ➤Cash and equivalents reached $119.2M; Q3 operating cash flow was $44.5M
Expert Statements
Anesa Chaibi, Chief Executive Officer of Global Industrial Company
“Sustained sales momentum, improved profitability and continued execution of our go-to-market strategy drove another strong quarter for Global Industrial. Third quarter revenue increased 10.2% and we delivered our fourth consecutive quarter of high-single digit average daily sales growth, up 8.5%. Revenue growth was led by our industrial and retail customer verticals and strong double-digit performance among our largest strategic accounts.”
Anesa Chaibi, Chief Executive Officer of Global Industrial Company
“Our go-to-market strategy is strengthening customer relationships, enabling us to win larger opportunities and to capture greater share of wallet. Over the past year, we have continued to advance our customer centric, relationship-driven B2B approach, with a focus on developing a deeper understanding of our customers, enhancing our vertical expertise and better aligning our sales, marketing and merchandising teams. We believe this progress, supported by our strong balance sheet, positions Global Industrial for continued profitable growth and long-term value creation.”
Global Industrial Reports Third Quarter 2026 Financial Results
Sales Increased 10.2% to $389.5 Million and 8.5% on an Average Daily Sales Basis
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