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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Global Industrial Company
Global Industrial Company (GIC) investor relations material
Global Industrial Company Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary3 Nov, 2026
Executive summary
Q3 sales rose 10.2% YoY to $389.5M; average daily sales (ADS) grew 8.5%, extending high-single-digit growth for a fourth consecutive quarter.
Continuing-operations operating income increased 24.3% to $32.7M and diluted EPS rose 33.3% to $0.64; results benefited from tariff refunds.
Customer-focused execution, deeper strategic-account relationships and digital purchasing access supported growth and share-of-wallet gains.
Financial highlights
Q3 revenue was $389.5M, up 10.2%; growth reflected volume and mix gains, with pricing contributing ~2 percentage points.
Gross profit was $138.9M vs. $126.0M; reported gross margin was 35.7% vs. 35.6%, including 60 bps from tariff refunds. Excluding the benefit, margin was 35.1%.
Continuing-operations net income was $24.5M vs. $18.8M; total net income was $24.6M vs. $18.8M.
9M sales rose 9.0% to $1,126.5M; gross profit increased 12.2% to $416.2M and continuing-operations operating income rose 31.5% to $102.6M.
9M continuing-operations net income was $76.9M vs. $57.4M; total net income was $78.3M vs. $57.5M.
Outlook and guidance
Early Q4 ADS growth tracked near Q3’s 8.5%; five fewer selling days than Q4 2025 are expected to weigh on reported GAAP revenue growth by 8%.
Q4 gross margin is expected to be in line with Q4 2025; freight, fuel, parcel surcharges and Canadian tariffs remain headwinds.
FY 2026 capital expenditures are expected at $3M–$4M; the tax rate is expected at 26%–26.5% for the remainder of 2026.
Customer-focused sales execution and deeper vertical expertise are expected to support profitable growth; potential strategic acquisitions may complement organic growth.
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Latest events from Global Industrial Company
- Q4 organic growth rebounded, while full-year operating income and EPS declined.GIC
Q4 2023 - Customer-focused strategy and digital growth drive strong sales, innovation, and expansion.GICSmall-Cap Virtual Conference
- Q2 2026 sales rose 7.7%, net income surged 47.8%, and margins were boosted by tariff refunds.GICQ2 2026
- Director elections, auditor ratification, and compensation votes held; results pending release.GICAGM 2026
- Revenue and operating income rose double digits, but margin headwinds are expected.GICQ1 2026
- Board recommends approval of all proposals at the 2026 virtual annual meeting.GICProxy filing
- Virtual annual meeting to vote on directors, auditor, compensation, and stock plan updates.GICProxy filing
- Customer-centric strategy, innovation, and financial strength drive growth and resilience.GICSidoti March Small-Cap Virtual Conference
- Q4 sales up 14.3% and EPS up 40.7%, with full year sales at $1.38 billion and no debt.GICQ4 2025
Next Global Industrial Company earnings date
18th Annual Southwest IDEAS Conference19 Nov, 2026
Global Industrial Company
Next Global Industrial Company earnings date
18th Annual Southwest IDEAS Conference19 Nov, 2026
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Frequently asked questions
Global Industrial Company distributes industrial and maintenance, repair, and operations (MRO) products. The company supplies businesses, institutions, and government entities with products including storage, safety, HVAC, and material handling equipment. It operates primarily through an e-commerce platform. The company is headquartered in Port Washington, New York, and its shares are listed on the NYSE.