Q2 Earnings Roundup: Global Industrial (NYSE:GIC) And The Rest Of The Maintenance and Repair Distributors Segment [Yahoo! Finance]
Global Industrial Company (GIC)
Company Research
Source: Yahoo! Finance
Supply chain and inventory management are themes that grew in focus after COVID wreaked havoc on the global movement of raw materials and components. Maintenance and repair distributors that boast reliable selection and quickly deliver products to customers can benefit from this theme. While e-commerce hasn't disrupted industrial distribution as much as consumer retail, it is still a real threat, forcing investment in omnichannel capabilities to serve customers everywhere. Additionally, maintenance and repair distributors are at the whim of economic cycles that impact the capital spending and construction projects that can juice demand. The 8 maintenance and repair distributors stocks we track reported a mixed Q2. As a group, revenues were in line with analysts' consensus estimates. The Fed cut its policy rate by 50bps (half a percent) in September 2024, the first in roughly four years. This marks the end of its most pointed inflation-busting campaign since the 1980s. While CPI (
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GIC
News
- Q3 Earnings Roundup: WESCO (NYSE:WCC) And The Rest Of The Maintenance and Repair Distributors Segment [Yahoo! Finance]Yahoo! Finance
- Global Industrial to Participate in Upcoming Investor ConferencesAccesswire
- Global Industrial Company Just Missed EPS By 23%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Global Industrial Company Reports Third Quarter 2024 Financial Results Accesswire
- Global Industrial (GIC) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]Yahoo! Finance
GIC
Earnings
- 10/29/24 - Miss
GIC
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 10/30/24 - Form 10-Q
- GIC's page on the SEC website