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GIC has been in the news 409% more than usual

Aug 01, 2024, 6:34 AM
-4.10%
What does GIC do
Global Industrial Co., headquartered in Port Washington, New York, markets industrial and business equipment, including its own brands like Global and Nexel, primarily in North America through e-commerce sites. The company, employing 1,650 people, offers a diverse range of products from HVAC to office supplies and vehicle maintenance.
GIC has been in the news recently: Global Industrial Company reported second-quarter sales of $347.8 million, reflecting a 6.8% increase, with a profit of $20.3 million and earnings of 52 cents per share. The company also declared a dividend of $0.25 and achieved an operating income of $26.4 million during this period.
📡️ Industrials
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