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Global Industrial Introduces High-Performance Plastic Guard Rails for Safe and Flexible Facility Protection
Accessnewswire· 2026-01-06 13:00
Engineered to absorb impact, reduce floor damage, and decrease maintenance costs PORT WASHINGTON, NY / ACCESS Newswire / January 6, 2026 / Global Industrial Company (NYSE:GIC), a value-added national distributor and source for industrial equipment and supplies, has announced the launch of its newest Global Industrial Exclusive Brandâ"¢ solution: the Global Industrialâ"¢ Plastic Guard Rail. The Global Industrialâ"¢ Plastic Guard Rail is engineered to provide protection for people, products, and equipment fro ...
Global Industrial Introduces Mobile Robot Stretch Wrap Machine to Increase Efficiency, Safety and Value in Pallet Wrapping Operations
Accessnewswire· 2025-11-17 14:00
Core Viewpoint - Global Industrial Company has launched a new Mobile Robot Stretch Wrap Machine designed to enhance productivity and reduce waste in wrapping irregular and oversized loads [1] Product Features - The Mobile Robot Stretch Wrap Machine is a self-propelled, semi-autonomous unit that wraps pallets directly on the floor, minimizing the need for forklift traffic [1] - This machine is intended to complement traditional turntable wrap machines and can accommodate pallets that exceed standard turntable dimensions [1] Market Implications - The introduction of this technology is expected to improve operational efficiency in facilities by securely wrapping loads in place, which may lead to increased productivity [1] - The reduction of stretch wrap waste aligns with industry trends towards sustainability and cost-effectiveness in packaging solutions [1]
Global Industrial Company Reports Third Quarter 2025 Financial Results
Accessnewswire· 2025-10-28 20:20
Core 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]