Systemax(US:GIC)2025-10-28 20:39Financial Performance - Consolidated sales increased 3.3% to $353.6 million compared to $342.4 million last year[3] - Consolidated gross margin improved to 35.6%, up 160 basis points from 34.0% in the same quarter last year[5] - Operating income from continuing operations rose 18.5% to $26.3 million compared to $22.2 million last year[8] - Net income per diluted share from continuing operations increased 9.1% to $0.48 compared to $0.44 last year[8] - Year-to-date consolidated sales reached $1.03 billion, a 2.0% increase from $1.01 billion last year[8] - Year-to-date operating income from continuing operations increased 18.2% to $78.0 million compared to $66.0 million last year[8] - Operating cash flow from continuing operations for the quarter was $22.6 million[5] Working Capital and Dividends - As of September 30, 2025, total working capital was $219.5 million, with cash and cash equivalents of $67.2 million[5] - The Board of Directors declared a cash dividend of $0.26 per share, payable on November 17, 2025[5] Business Strategy - The company is focusing on transforming its business model to enhance customer engagement and expand product offerings[5]