Skip to content

Thought Leadership for Wholesale Change Agents

  • Home
  • Articles
    • Digital Strategy
    • B2B eCommerce
    • Distribution Marketing
    • Distribution Sales Strategy
    • Distribution Technology
    • Distribution Industry News
  • News
  • Events
    • Upcoming Webinars
    • On-Demand Webinars
    • Wholesale Change Show
    • On-Demand Wholesale Change Shows
    • The Discerning Distributor
    • Calendar
  • Reports
  • Analytics
Menu
  • Home
  • Articles
    • Digital Strategy
    • B2B eCommerce
    • Distribution Marketing
    • Distribution Sales Strategy
    • Distribution Technology
    • Distribution Industry News
  • News
  • Events
    • Upcoming Webinars
    • On-Demand Webinars
    • Wholesale Change Show
    • On-Demand Wholesale Change Shows
    • The Discerning Distributor
    • Calendar
  • Reports
  • Analytics
Search
Close
Join Our List
Home » distribution » Global Industrial 1Q 2022 Sales Up 15% 

Date

  • Published on: May 4, 2022

Author

  • Jonathan Bein Jonathan Bein

Related

Share

Distribution Industry News

Global Industrial 1Q 2022 Sales Up 15% 

Global Industrial Company (NYSE: GIC) announced sales for the first quarter of 2022, ending March 31, were $288.6 million, an increase of 15% compared to the prior-year period. Sales increased 14.8% on an average daily basis.  

Don’t miss any content from Distribution Strategy Group. Join our list.   

Net income from continuing operations was $21.8 million, up from $5.5 million from the previous year.  

“We delivered an exceptional first-quarter performance with record revenue and profitability, driven by strong demand and excellent execution across the business. Revenue of $288 million was a quarterly record and improved nearly 15% over the prior year, supported by strong sales trends throughout the period,” Global Industrial CEO Barry Litwin said.  

Jonathan Bein

Jonathan Bein

Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s developed customer-facing analytics approaches for customer segmentation, customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at [email protected].

Leave a Comment Cancel Reply

Your email address will not be published. Required fields are marked *

Get inspired to act now. Get our content in your inbox 2x/week.

subscribe
Facebook-f Linkedin-in Twitter

Useful Links

  • About
  • Sponsorships
  • Consulting
  • Contact
  • About
  • Sponsorships
  • Consulting
  • Contact

Policies & Terms

  • Terms
  • Privacy Policy
  • Cookie Policy
  • Terms
  • Privacy Policy
  • Cookie Policy

Get In Touch

  • 303-898-8636
  • [email protected]
  • Boulder, CO 80304 (MST/MDT)

© 2023 Distribution Strategy Group