Global Industrial Company (GIC) Q2 2025 Earnings Call Transcript


Global Industrial Company (NYSE:GIC) Q2 2025 Earnings Conference Call July 29, 2025 5:00 PM ET

Company Participants

Anesa T. Chaibi – CEO & Director
Thomas Eugene Clark – Senior VP & CFO

Conference Call Participants

Anthony Chester Lebiedzinski – Sidoti & Company, LLC
Ryan James Merkel – William Blair & Company L.L.C., Research Division
Mike Smargiassi – Unidentified Company

Operator

Good afternoon, ladies and gentlemen, and welcome to Global Industrial’s Second Quarter 2025 Earnings Call. At this time, I would like to turn the call over to Mike Smargiassi of the Plunkett Group. Please go ahead.

Mike Smargiassi

Thank you, and welcome to the Global Industrial Second Quarter 2025 Earnings Call. Today’s call will include formal remarks from Anesa Chaibi, Chief Executive Officer; and Tex Clark, Senior Vice President and Chief Financial Officer. Formal remarks will be followed by a question-and-answer session. Today’s discussion may include certain forward-looking statements. It should be understood that actual results could differ materially from those projected due to a number of factors, including those described under the forward-looking statements caption and under Risk Factors in the company’s annual report on Form 10-K and quarterly reports on Form 10-Q. The press release is available on the company’s website and has been filed with the SEC on a Form 8-K. This call is the property of Global Industrial Company. I will now turn the call over to Anesa.

Anesa T. Chaibi

Thank you, Mike. Good afternoon, everyone, and thank you for joining us. We delivered an excellent second quarter performance with record profitability. I’m pleased with the execution of the entire organization, specifically considering the market disruption and uncertainty from the current tariff environment. The team has done a great job mitigating the risk, enabling us to continue to serve our customers.

In the quarter, revenue increased



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