Industrial and MRO parts distributor Global Industrial Supply Company reported its 2025 first quarter on April 29, showing a modest decrease in sales but some improvement in profit and margins.

The Port Washington, NY-based distributor posted 1Q25 sales of $321.0 million, down 0.7% year-over-year.

“This performance was significant given the soft start in January, which was impacted by the mid-week timing of the New Year’s holiday,” said President and CEO Anesa Chaibi in its earnings report. “Excluding the holiday impact, revenue would have been up low single digits in the quarter. Results were led by Indoff and our largest strategic accounts. Performance improved as we moved through the period and we ended the quarter with growth in March.”

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The company’s 1Q25 gross margin was up 60 basis points to 34.9%. Net profit of $112.1 million declined from $110.9 million a year prior.

Global Industrial’s 1Q25 operating profit of $18.2 million on a margin of 5.7% grew from $17.4 million on margin of 5.4% in the same quarter a year prior.

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“I believe we can accelerate our success going forward, by broadening whom we serve, expanding existing account relationships and accelerating our growth initiatives,” Chaibi said. “With a customer-centric culture and strong balance sheet, we are well-positioned to support and strengthen customer relationships.”

Chaibi added: “The tariffs enacted in April have created a disruption not only in our business, but also to the entire supply chain and our customers. As we look to mitigate their impact, our focus is on what we control. We are working closely with manufacturing and vendor partners, ensuring product availability and providing customers with as much visibility as we can in a very fluid environment.”