GlobeNewswire·Nov 10, 2026, 4:30 PM ET

Stran & Company Reports 32% Increase in Third Quarter 2026 Gross Profit as Gross Margin Expands to 33.3%

Stran & Company reported a nine-month net income of $1.1 million for the period ended September 30, 2026, an improvement of $2.1 million over the prior-year net loss of approximately $1.0 million.
Total sales for the nine months increased 6.3% year-over-year to $92.7 million, while gross profit rose 14.2% to $29.0 million.
Gross margin for the nine-month period improved to 31.3%, up from 29.1% in the prior-year period.
For the third quarter alone, sales reached $28.1 million, a 8.2% increase year-over-year, with gross profit surging 32.4% to $9.4 million.
The Stran Loyalty Solutions (SLS) segment contributed significantly to third-quarter growth, increasing gross profit 92.4% to $3.0 million and operating income to $0.7 million.
Operating cash flow for the nine months was positive at $1.8 million, a turnaround from $4.8 million used in the prior-year period.
EBITDA for the nine months was $1.8 million, compared to a loss of $0.4 million in the prior-year period.
The company repurchased approximately 109,000 shares during the third quarter as part of its share repurchase program.
Cash, cash equivalents, and investments totaled $12.6 million as of September 30, 2026.
A conference call to discuss these financial results is scheduled for Wednesday, November 11, 2026, at 10:00 a.m. Eastern Time.