Systemax(US:GIC) Accessnewswireยท2025-10-28 20:20Core Insights - Global Industrial Company reported third-quarter net sales of $353.6 million, reflecting a 3.3% increase compared to $342.4 million in the same quarter of 2024 [1] - Operating income rose by 18.5% to $26.3 million, with an operating margin of 7.4%, up from 6.5% in the previous year [1] - The company declared a dividend of $0.26 per share [1] Financial Performance Summary - Net Sales: $353.6 million for Q3 2025, compared to $342.4 million in Q3 2024; for the nine months ended September 30, 2025, net sales were $1,033.5 million, up from $1,013.6 million in 2024 [1] - Gross Profit: Increased to $126.0 million in Q3 2025 from $116.3 million in Q3 2024; gross margin improved to 35.6% from 34.0% [1] - Operating Income: From continuing operations, operating income was $26.3 million in Q3 2025, up from $22.2 million in Q3 2024; operating margin increased to 7.4% from 6.5% [1] - Net Income: Net income from continuing operations was $18.8 million in Q3 2025, compared to $16.8 million in Q3 2024; net income per diluted share from continuing operations rose to $0.48 from $0.44 [1]