Global Industrial Company (GIC) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.176 Good afternoon, ladies and gentlemen, and welcome to Global Industrial's Fourth Quarter 00:00:04.176 -- 00:00:09.423 2025 Earnings Call. At this time, I would like to turn the call over to Mike 00:00:09.423 -- 00:00:12.808 Smardossi of the Plunkett Group. Please go ahead. 00:00:12.808 -- 00:00:18.094 Thank you, and welcome to the Global Industrial Fourth Quarter 2025 Earnings 00:00:18.094 -- 00:00:23.101 Call. Today's call will include formal remarks from Anissa Chaibi, 00:00:23.101 -- 00:00:28.227 Chief Executive Officer, and Tex Clark, Senior Vice President and Chief Financial 00:00:28.227 -- 00:00:33.442 Officer. Formal remarks will be followed by a question and answer session. 00:00:33.442 -- 00:00:37.265 Today's discussion may include forward-looking statements. 00:00:37.265 -- 00:00:41.850 It should be understood that actual results could differ materially from those projected 00:00:41.850 -- 00:00:46.134 due to a number of factors, including those described under the forward-looking statements 00:00:46.134 -- 00:00:51.719 caption and other risk factors in the company's annual report on Form 10-K 00:00:51.719 -- 00:00:55.403 and quarterly reports on Form 10-Q. 00:00:55.403 -- 00:00:59.482 I would like to remind everyone that the fourth quarter of 2025 00:00:59.482 -- 00:01:03.086 closed on Saturday, January 3, 2026, 00:01:03.086 -- 00:01:05.086 representing 00:01:05.269 -- 00:01:09.454 one additional week in the quarter compared to the prior year. 00:01:09.454 -- 00:01:14.820 This added four working days to the quarter, which covered the period between the Christmas 00:01:14.820 -- 00:01:20.566 and New Year's holiday, typically our lowest sales week of any year. 00:01:20.566 -- 00:01:25.852 In addition, the first quarter of 2...