<p>2025 年的业绩记录、快速的 CSI 整合以及改善的需求状况支持了盈利增长的轨迹。</p>
<p>纽约市，纽约 / ACCESS Newswire /2025 年 12 月 15 日/ Capstone Holding Corp.，一家全国性的建筑产品分销平台，今天发布了其 2026 年展望报告，重申其 2026 年 1 亿美元的年化收入目标，并详细说明了将规模转化为利润扩张的严谨战略。公司概述了通过有机增长、运营杠杆和有针对性的收购实现 <strong>10% EBITDA 利润率</strong> 的路径。</p>
<p>Capstone 从一个单一地点的分销商成长为一个拥有九个仓库并覆盖全国的平台，现在将重点从扩张转向货币化规模——推动利润表现并建立持久的盈利引擎。</p>
<p>“我们通过严谨、立即增值的收购增加了 2600 万美元的收入，使我们坚定地朝着 1 亿美元的年化收入目标迈进，” Capstone 首席执行官 Matthew Lipman 表示。“我们在 2026 年进入时，宏观环境改善，销售、市场和运营杠杆显著增强，得益于我们的规模。我们现在的重点是建立一个持久的盈利引擎。”</p>
<p><em>关键亮点：</em></p>
<ul>
<li>业绩记录：在 2025 年，Capstone 报告了创纪录的毛利率扩张，得益于产品组合优化、对服务的关注和严谨的成本管理。公司还实现了创纪录的收入、EBITDA 和毛利润。</li>
<li>证明的执行力：管理层将 Capstone 从一个单一地点的业务扩展为一个服务于美国和加拿大数千客户的全国平台，始终如一地执行，同时保持高水平的运营纪律。</li>
<li>对齐的、以价值为中心的所有权：高比例的内部持股使领导层与股东保持一致。领导层深度关注严谨的资本配置、盈利增长和长期每股价值的复合创造。</li>
<li>强劲的市场顺风：来自贝恩公司和 Zonda 的行业研究表明，推迟的建筑和翻新需求预计将推动显著的增长周期，支出将不成比例地被像 Capstone 这样的规模化运营商所捕获。</li>
<li>通往盈利增长的桥梁：通过运营杠杆、不断增长的有机增长引擎，以及对高毛利建筑产品和安装服务的战略关注，Capstone 正在建立一个盈利引擎，目标是实现 10% 的 EBITDA 利润率。</li>
</ul>
<p>投资者演示文稿紧随 Capstone 快速成功整合加拿大石材工业（CSI）之后，包括在第一天将 CSI 完全接入公司的 ERP 和仓库管理系统。早期的整合进展产生了供应商和客户的强烈参与，强化了交易将加速项目活动并在平台上提供即时价值的预期。</p>
<p>公司预计在 2026 年完成 <strong>三到四项有针对性的收购，</strong> 重点关注路线密度、安装能力和增值服务。每一美元的投入预计将产生即时的运营杠杆，并为 Capstone 的 10% EBITDA 利润率目标做出贡献。</p>
<p>“通过 CSI 的收购和整合，我们在 2025 年以强劲的姿态收尾。该年标志着我们平台增长的几个重要里程碑，并使我们在实现 1 亿美元年化收入和盈利增长的道路上处于良好位置。” Lipman 补充道。“随着许多竞争对手在年末受到限制，Capstone 准备 <strong>加速增长。</strong>”</p>
<p>Capstone 鼓励股东 <strong>查看其 2026 年展望报告，</strong> 该报告可在公司网站上获取。更多详细信息可在 <strong>公司的 8-K 表格</strong> 中找到。</p>
<p><strong>关于 Capstone Holding Corp.</strong></p>
<p>Capstone Holding Corp.是一个多元化的建筑产品业务平台，专注于分销、品牌拥有和收购。通过其 Instone 子公司，Capstone 服务于美国 32 个州和加拿大，提供专有的石材饰面、硬景观材料和模块化砌体系统。公司的战略结合了严谨的并购、运营效率和不断增长的自有品牌组合，以建立一个可扩展和持久的平台。</p>
<p><strong>投资者联系</strong></p>
<p>投资者关系</p>
<p>Capstone Holding Corp.</p>
<p>investors@capstoneholdingcorp.com</p>
<p>www.capstoneholdingcorp.com</p>
<p><strong>前瞻性声明</strong></p>
<p>本新闻稿包含根据 1995 年《私人证券诉讼改革法》定义的前瞻性声明。这些声明涉及未来事件和表现，包括关于收入和 EBITDA 目标、并购战略、资本使用和运营展望的指导。实际结果可能因多种因素而与预测结果有重大差异，包括但不限于收购时机、宏观经济条件和执行风险。请查看公司向 SEC 提交的文件，以获取风险因素的完整讨论。Capstone 没有义务修订前瞻性声明，除非法律要求。</p>
<p><strong>来源：</strong> Capstone Holding Corp.</p>
<p>查看 ACCESS Newswire 上的原始新闻稿</p>

CAPS

<p>Capstone Holding Corp. 宣布了其 2026 年的展望，重申了 1 亿美元的收入目标，并计划实现 10% 的 EBITDA 利润率。该公司计划通过有机增长、运营杠杆和收购来实现这一目标。Capstone 在 2025 年报告了创纪录的业绩，并成功整合了加拿大石材工业。公司预计将在 2026 年完成几项收购，以提升盈利能力。鼓励股东查看 Capstone 网站上提供的展望演示文稿</p>

<p>Record 2025 performance, rapid CSI integration, and improving demand conditions support profitable growth trajectory.</p>
<div class="lb-trans"><p>2025 年的业绩记录、快速的 CSI 整合以及改善的需求状况支持了盈利增长的轨迹。</p>
</div><p>NEW YORK CITY, NEW YORK / ACCESS Newswire / December 15, 2025 / Capstone Holding Corp. , a national building products distribution platform, today published its 2026 outlook presentation, reaffirming its $100 million run-rate revenue target for 2026 and detailing a disciplined strategy to translate scale into margin expansion. The Company outlined its path to <strong>10% EBITDA margins</strong> through a combination of organic growth, operating leverage, and targeted acquisitions.</p>
<div class="lb-trans"><p>纽约市，纽约 / ACCESS Newswire /2025 年 12 月 15 日/ Capstone Holding Corp.，一家全国性的建筑产品分销平台，今天发布了其 2026 年展望报告，重申其 2026 年 1 亿美元的年化收入目标，并详细说明了将规模转化为利润扩张的严谨战略。公司概述了通过有机增长、运营杠杆和有针对性的收购实现 <strong>10% EBITDA 利润率</strong> 的路径。</p>
</div><p>Having grown from a single-site distributor into a national platform with nine warehouses and coast-to-coast coverage, Capstone now shifts its focus from expansion to monetizing scale - driving margin performance and building a durable profitability engine.</p>
<div class="lb-trans"><p>Capstone 从一个单一地点的分销商成长为一个拥有九个仓库并覆盖全国的平台，现在将重点从扩张转向货币化规模——推动利润表现并建立持久的盈利引擎。</p>
</div><p>&#34;We have added $26 million in revenue through disciplined, immediately accretive acquisitions, putting us firmly on track toward $100 million in run-rate revenue,&#34; said Matthew Lipman, Chief Executive Officer of Capstone. &#34;We enter 2026 with an improving macro backdrop and significant sales, marketing, and operational leverage driven by our scale. Our focus now is building a durable profitability engine.&#34;</p>
<div class="lb-trans"><p>“我们通过严谨、立即增值的收购增加了 2600 万美元的收入，使我们坚定地朝着 1 亿美元的年化收入目标迈进，” Capstone 首席执行官 Matthew Lipman 表示。“我们在 2026 年进入时，宏观环境改善，销售、市场和运营杠杆显著增强，得益于我们的规模。我们现在的重点是建立一个持久的盈利引擎。”</p>
</div><p><em>Key Highlights:</em></p>
<div class="lb-trans"><p><em>关键亮点：</em></p>
</div><ul>
<li>Record Performance: In 2025, Capstone reported record gross margin expansion, driven by mix optimization, focus on services, and disciplined cost management. The Company also delivered record revenues, EBITDA, and gross profits.</li>
<li>Proven Execution: Management has scaled Capstone from a single-site business into a national platform serving thousands of customers across the U.S. and Canada, executing consistently while maintaining high operational discipline.</li>
<li>Aligned, Value-Focused Ownership: High insider ownership aligns leadership with shareholders. Leadership is deeply focused on disciplined capital allocation, earnings growth, and compounding long-term per-share value creation.</li>
<li>Strong Market Tailwinds: Industry research from Bain &amp; Company and Zonda indicates that deferred construction and remodeling demand is expected to drive a significant growth cycle, with spend disproportionately captured by large, scaled operators like Capstone.</li>
<li>Bridging to Profitable Growth: Through operating leverage, a growing organic growth engine, and a strategic focus on higher-margin architectural products and installation services, Capstone is building a profitability engine with line of sight to a 10% EBITDA margin.</li>
</ul>
<div class="lb-trans"><ul>
<li>业绩记录：在 2025 年，Capstone 报告了创纪录的毛利率扩张，得益于产品组合优化、对服务的关注和严谨的成本管理。公司还实现了创纪录的收入、EBITDA 和毛利润。</li>
<li>证明的执行力：管理层将 Capstone 从一个单一地点的业务扩展为一个服务于美国和加拿大数千客户的全国平台，始终如一地执行，同时保持高水平的运营纪律。</li>
<li>对齐的、以价值为中心的所有权：高比例的内部持股使领导层与股东保持一致。领导层深度关注严谨的资本配置、盈利增长和长期每股价值的复合创造。</li>
<li>强劲的市场顺风：来自贝恩公司和 Zonda 的行业研究表明，推迟的建筑和翻新需求预计将推动显著的增长周期，支出将不成比例地被像 Capstone 这样的规模化运营商所捕获。</li>
<li>通往盈利增长的桥梁：通过运营杠杆、不断增长的有机增长引擎，以及对高毛利建筑产品和安装服务的战略关注，Capstone 正在建立一个盈利引擎，目标是实现 10% 的 EBITDA 利润率。</li>
</ul>
</div><p>The investor presentation follows Capstone's rapid and successful integration of Canadian Stone Industries (CSI), including fully onboarding CSI onto the Company's ERP and warehouse management systems on day one. Early integration progress has generated strong engagement from suppliers and customers, reinforcing expectations that the transaction will accelerate project activity and deliver immediate value across the platform.</p>
<div class="lb-trans"><p>投资者演示文稿紧随 Capstone 快速成功整合加拿大石材工业（CSI）之后，包括在第一天将 CSI 完全接入公司的 ERP 和仓库管理系统。早期的整合进展产生了供应商和客户的强烈参与，强化了交易将加速项目活动并在平台上提供即时价值的预期。</p>
</div><p>The Company expects to complete <strong>three to four targeted acquisitions in 2026,</strong> focused on route density, installation capabilities, and value-added services. Each dollar deployed is expected to generate immediate operating leverage and contribute toward Capstone's 10% EBITDA margin objective.</p>
<div class="lb-trans"><p>公司预计在 2026 年完成 <strong>三到四项有针对性的收购，</strong> 重点关注路线密度、安装能力和增值服务。每一美元的投入预计将产生即时的运营杠杆，并为 Capstone 的 10% EBITDA 利润率目标做出贡献。</p>
</div><p>&#34;With the CSI acquisition and integration, we are <strong>closing 2025 on a strong note.</strong> The year marked several important milestones in the growth of our platform and positions us well on our path to $100 million in run-rate revenue and profitable growth.&#34; Lipman added. &#34;As many competitors end the year constrained, Capstone is ready to <strong>accelerate growth.&#34;</strong></p>
<div class="lb-trans"><p>“通过 CSI 的收购和整合，我们在 2025 年以强劲的姿态收尾。该年标志着我们平台增长的几个重要里程碑，并使我们在实现 1 亿美元年化收入和盈利增长的道路上处于良好位置。” Lipman 补充道。“随着许多竞争对手在年末受到限制，Capstone 准备 <strong>加速增长。</strong>”</p>
</div><p>Capstone encourages shareholders to <strong>review its 2026 outlook presentation</strong>, available on the Company's website. Additional details are available in the <strong>Company's Form 8-K</strong> <strong>.</strong></p>
<div class="lb-trans"><p>Capstone 鼓励股东 <strong>查看其 2026 年展望报告，</strong> 该报告可在公司网站上获取。更多详细信息可在 <strong>公司的 8-K 表格</strong> 中找到。</p>
</div><p><strong>About Capstone Holding Corp.</strong></p>
<div class="lb-trans"><p><strong>关于 Capstone Holding Corp.</strong></p>
</div><p>Capstone Holding Corp.  is a diversified platform of building products businesses focused on distribution, brand ownership, and acquisition. Through its Instone subsidiary, Capstone serves 32 U.S. states and Canada, offering proprietary stone veneer, hardscape materials, and modular masonry systems. The company's strategy combines disciplined M&amp;A, operational efficiency, and a growing portfolio of owned brands to build a scalable and durable platform.</p>
<div class="lb-trans"><p>Capstone Holding Corp.是一个多元化的建筑产品业务平台，专注于分销、品牌拥有和收购。通过其 Instone 子公司，Capstone 服务于美国 32 个州和加拿大，提供专有的石材饰面、硬景观材料和模块化砌体系统。公司的战略结合了严谨的并购、运营效率和不断增长的自有品牌组合，以建立一个可扩展和持久的平台。</p>
</div><p><strong>Investor Contact</strong></p>
<div class="lb-trans"><p><strong>投资者联系</strong></p>
</div><p>Investor Relations</p>
<div class="lb-trans"><p>投资者关系</p>
</div><p>Capstone Holding Corp.</p>
<div class="lb-trans"><p>Capstone Holding Corp.</p>
</div><p>investors@capstoneholdingcorp.com</p>
<div class="lb-trans"><p>investors@capstoneholdingcorp.com</p>
</div><p>www.capstoneholdingcorp.com</p>
<div class="lb-trans"><p>www.capstoneholdingcorp.com</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明</strong></p>
</div><p>This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&amp;A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company's filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.</p>
<div class="lb-trans"><p>本新闻稿包含根据 1995 年《私人证券诉讼改革法》定义的前瞻性声明。这些声明涉及未来事件和表现，包括关于收入和 EBITDA 目标、并购战略、资本使用和运营展望的指导。实际结果可能因多种因素而与预测结果有重大差异，包括但不限于收购时机、宏观经济条件和执行风险。请查看公司向 SEC 提交的文件，以获取风险因素的完整讨论。Capstone 没有义务修订前瞻性声明，除非法律要求。</p>
</div><p><strong>SOURCE:</strong> Capstone Holding Corp.</p>
<div class="lb-trans"><p><strong>来源：</strong> Capstone Holding Corp.</p>
</div><p>View the original press release on ACCESS Newswire</p>
<div class="lb-trans"><p>查看 ACCESS Newswire 上的原始新闻稿</p>
</div>

Capstone 的 2026 年展望重申了 1 亿美元的年化收入目标，并概述了实现 10% EBITDA 利润率的路径