Global Industrial, through its operating subsidiaries, is an industrial distributor of various industrial and maintenance, repair and operation (MRO) products in North America going to market through a system of e-commerce websites and relationship marketers. Co. provides industrial and MRO products, including its own exclusive brands, which are marketed in North America. These industrial and MRO products are manufactured by other companies. Some products are manufactured for Co. as a white label product and some are manufactured to its own design: these products are marketed as private brand under the trademarks: Global, GlobalIndustrial.com, Nexel Paramount and Interion. The GIC YTD return is shown above.
The YTD Return on the GIC YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether GIC YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the GIC YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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