STRAN & COMPANY SECURES MULTIMILLION-DOLLAR CONTRACT EXTENSION WITH LEADING NONPROFIT RUNNING ORGANIZATION FOR THREE YEARS
Contract Announcement: A company has announced a three-year, multimillion-dollar contract extension with a prominent non-profit running organization.
Partnership Significance: This extension highlights the ongoing collaboration and support between the company and the non-profit organization.
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STRAN & COMPANY SECURES MULTIMILLION-DOLLAR CONTRACT EXTENSION WITH LEADING NONPROFIT RUNNING ORGANIZATION FOR THREE YEARS
Contract Announcement: A company has announced a three-year, multimillion-dollar contract extension with a prominent non-profit running organization.
Partnership Significance: This extension highlights the ongoing collaboration and support between the company and the non-profit organization.
Stran & Company Announces 29.0% Sales Growth to $26.0 Million in Q3 2025
Sales Growth: Stran & Company reported a 56.7% increase in sales to $87.3 million for the nine months ending September 30, 2025, driven by higher spending from existing customers and the acquisition of Gander Group assets.
Financial Performance: The company reduced its net loss to $1.0 million from $3.6 million in the previous year, with EBITDA improving to $(0.4) million, indicating progress towards sustainable profitability.
Share Repurchase Program: Stran repurchased approximately 267,000 shares of common stock for a total of $408,000, reflecting confidence in the company's long-term outlook and maintaining a strong cash position of $11.8 million.
Recognition and Future Plans: The company was recognized as one of the "Greatest Companies to Work For" by PPAI, and plans to focus on deepening client relationships and pursuing growth through both organic means and acquisitions as it approaches 2026.
Stran & Company Honored by PPAI as a Top Workplace for 2025
Recognition by PPAI: Stran & Company, Inc. has been named one of the "Greatest Companies to Work For" in 2025 by the Promotional Products Association International, highlighting its commitment to a positive workplace culture.
CEO's Statement: CEO Andy Shape emphasized the importance of team collaboration and support, attributing the recognition to the dedication and energy of Stran's employees.
Stran & Company Achieves 95.2% Increase in Sales to Approximately $32.6 Million for the Second Quarter of 2025
Financial Performance: Stran & Company reported a 95.2% increase in sales for Q2 2025, reaching approximately $32.6 million, with net income of about $0.6 million compared to a loss in the previous year. For the first half of 2025, sales rose by 72.5% to roughly $61.3 million, and gross profit increased by 65.6%.
Strategic Developments: The company executed a share repurchase program, enhancing shareholder value, and welcomed new board members to strengthen its governance. Stran is now fully compliant with Nasdaq listing requirements and maintains a strong balance sheet with approximately $18.1 million in cash and investments.
Stran & Company to Announce Second Quarter 2025 Financial Results and Business Update Conference Call
Financial Results Announcement: Stran & Company, Inc. will release its second quarter 2025 financial results on August 12, 2025, followed by a conference call on August 13, 2025, to discuss the results.
Company Overview: Stran has over 30 years of experience in the promotional products industry, providing marketing solutions and services to Fortune 500 companies, focusing on brand loyalty and customer engagement through innovative technology and customer service.
Stran & Company Ranked #12 on PPAI 100 List of Top Promotional Product Distributors for 2025
Stran & Company's Achievement: Stran & Company, Inc. has been ranked #12 on the 2025 PPAI 100 list of top promotional product distributors, marking an eight-spot increase from the previous year due to its growth and innovation in the industry.
Company's Mission and Services: With over 30 years of experience, Stran specializes in promotional products and loyalty programs, focusing on building brand loyalty through tailored marketing solutions for Fortune 500 companies while emphasizing team culture and client relationships.
STRAN & COMPANY SECURES MULTIMILLION-DOLLAR CONTRACT EXTENSION WITH LEADING NONPROFIT RUNNING ORGANIZATION FOR THREE YEARS
Contract Announcement: A company has announced a three-year, multimillion-dollar contract extension with a prominent non-profit running organization.
Partnership Significance: This extension highlights the ongoing collaboration and support between the company and the non-profit organization.
Stran & Company Announces 29.0% Sales Growth to $26.0 Million in Q3 2025
Sales Growth: Stran & Company reported a 56.7% increase in sales to $87.3 million for the nine months ending September 30, 2025, driven by higher spending from existing customers and the acquisition of Gander Group assets.
Financial Performance: The company reduced its net loss to $1.0 million from $3.6 million in the previous year, with EBITDA improving to $(0.4) million, indicating progress towards sustainable profitability.
Share Repurchase Program: Stran repurchased approximately 267,000 shares of common stock for a total of $408,000, reflecting confidence in the company's long-term outlook and maintaining a strong cash position of $11.8 million.
Recognition and Future Plans: The company was recognized as one of the "Greatest Companies to Work For" by PPAI, and plans to focus on deepening client relationships and pursuing growth through both organic means and acquisitions as it approaches 2026.
Stran & Company Honored by PPAI as a Top Workplace for 2025
Recognition by PPAI: Stran & Company, Inc. has been named one of the "Greatest Companies to Work For" in 2025 by the Promotional Products Association International, highlighting its commitment to a positive workplace culture.
CEO's Statement: CEO Andy Shape emphasized the importance of team collaboration and support, attributing the recognition to the dedication and energy of Stran's employees.
Stran & Company Achieves 95.2% Increase in Sales to Approximately $32.6 Million for the Second Quarter of 2025
Financial Performance: Stran & Company reported a 95.2% increase in sales for Q2 2025, reaching approximately $32.6 million, with net income of about $0.6 million compared to a loss in the previous year. For the first half of 2025, sales rose by 72.5% to roughly $61.3 million, and gross profit increased by 65.6%.
Strategic Developments: The company executed a share repurchase program, enhancing shareholder value, and welcomed new board members to strengthen its governance. Stran is now fully compliant with Nasdaq listing requirements and maintains a strong balance sheet with approximately $18.1 million in cash and investments.
Stran & Company to Announce Second Quarter 2025 Financial Results and Business Update Conference Call
Financial Results Announcement: Stran & Company, Inc. will release its second quarter 2025 financial results on August 12, 2025, followed by a conference call on August 13, 2025, to discuss the results.
Company Overview: Stran has over 30 years of experience in the promotional products industry, providing marketing solutions and services to Fortune 500 companies, focusing on brand loyalty and customer engagement through innovative technology and customer service.
Stran & Company Ranked #12 on PPAI 100 List of Top Promotional Product Distributors for 2025
Stran & Company's Achievement: Stran & Company, Inc. has been ranked #12 on the 2025 PPAI 100 list of top promotional product distributors, marking an eight-spot increase from the previous year due to its growth and innovation in the industry.
Company's Mission and Services: With over 30 years of experience, Stran specializes in promotional products and loyalty programs, focusing on building brand loyalty through tailored marketing solutions for Fortune 500 companies while emphasizing team culture and client relationships.
