Capstone Holding Secures Multiple Commercial Wins Through Carolina Stone
Capstone Holding (CAPS) announced a series of commercial wins through its Carolina Stone subsidiary, including the expansion of its D.R. Horton (DHI) relationship to 19 communities in Raleigh and a new leading national homebuilder relationship in Charlotte, for which Capstone won all of the builder's regional stone installation work. The Company also secured a ~$1M multifamily project in the Charlotte metropolitan area. The awards have driven order volume to its strongest level in two years. Revenue from the new awards is expected to begin in the fourth quarter of 2026 and continue through subsequent quarters, adding revenue visibility and opportunities for scope expansion. The Company expects the awards to strengthen its pipeline and support continued gross margin expansion as it progresses toward its FY2026 financial targets.
