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Global Industrial (GIC) Q2 EPS Jumps 25%
The Motley Fool· 2025-07-31 11:02
This quarter, profitability metrics set company records. Gross margin rose to 37.1%, a 1.9 percentage point jump from the prior year, and operating margin reached 9.3%, up from 7.6% a year ago. Management credited these gains to pricing actions and ongoing operational efficiency programs. The strong margin performance allowed operating income to climb 26.9% from a year ago and supporting the higher EPS. Net sales (GAAP) grew by 3.2% due to steady performance across all three months of the quarter, with busi ...