Stran & Company Inc. Reports 95.2% Increase in Q2 2025 Sales, Achieves $0.6M Net Income from Previous $1.0M Loss
Reuters
Aug 13
Stran & Company Inc. Reports 95.2% Increase in Q2 2025 Sales, Achieves $0.6M Net Income from Previous $1.0M Loss
Stran & Company Inc. reported a significant increase in sales and profitability for the second quarter of 2025. Sales rose 95.2% year-over-year, reaching approximately $32.6 million compared to $16.7 million in the same period in 2024. For the first half of 2025, sales climbed 72.5% to approximately $61.3 million from $35.5 million in the first half of the previous year. The company's net income for the three months ended June 30, 2025, was approximately $0.6 million, marking a turnaround from a net loss of roughly $(1.0) million in the same period in 2024. Gross profit for the first half of 2025 increased by 65.6% to about $18.4 million. The Stran segment, excluding the former Gander Group business, saw sales rise to approximately $21.8 million for the quarter, while the SLS segment, which includes the former Gander Group business, contributed approximately $10.8 million in sales. Operating expenses as a percentage of sales decreased to 29.1% from 39.4% in the previous year. The company highlighted its strong financial performance and industry recognition as drivers for future growth. Management expressed confidence in continuing this momentum to deliver increased value to clients, team members, and shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stran & Company Inc. published the original content used to generate this news brief on August 12, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.