Stran & Company Names Jack Audibert Chief Strategy and Compliance Officer

Stran & Company Inc. has appointed Jack Audibert as Chief Strategy Officer and Chief Compliance Officer. Audibert, previously Vice President of Growth and Strategic Initiatives, will lead corporate planning, strategic growth, and compliance functions. This appointment is part of the company's expansion efforts.

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Stran & Company Reports Improved Financial Performance

Stran & Company, Inc. reported Q3 earnings with a net loss of $1.24 million, improved from $2.04 million last year. Total sales increased to $25.98 million from $20.14 million. Gross profit rose to $7.07 million despite higher operating expenses of $8.85 million. Total liabilities reduced to $20.07 million from $23.51 million. The company is optimistic about future growth.

Stran & Company, Inc. Reports Mixed Earnings Call

Stran & Company, Inc. reported mixed Q3 earnings, with a 29% sales increase to $26 million and improved EBITDA. Challenges include elevated tariffs, decreased gross profit margin, and a net loss of $1.2 million. The company remains optimistic about Q4, focusing on strategic growth and operational efficiencies. Successful integration of Gander Group and recognition as a top employer were highlighted. Stran plans to leverage its solid financial position for growth opportunities.

Stran | 10-Q: FY2025 Q3 Revenue: USD 25.98 M