Capstone Demonstrates the Power of Scale in Building Products
Capstone Holding Corp (NASDAQ:CAPS) reported progress toward a $100M revenue run-rate driven by strategic acquisitions, owned brands, and operational discipline. The company now operates across 31 states, with proprietary lines representing more than half of sales. Capstone disclosed 24.4% gross margin growth in Q2 and announced a non-binding LOI to acquire a multi-location stone distributor with about $15M in annual revenue. Management emphasized scale, tighter supply-chain control, and dealer-portal efficiencies as drivers of margin expansion and working-capital reduction.
Capstone Holding Corp (NASDAQ:CAPS) ha riportato progressi verso una run-rate di ricavi di 100 milioni di dollari guidata da acquisizioni strategiche, marchi di proprietà e disciplina operativa. L'azienda opera ora in 31 stati, con linee proprietarie che rappresentano più della metà delle vendite. Capstone ha comunicato una crescita del margine lordo del 24,4% nel secondo trimestre e ha annunciato una LOI non vincolante per l'acquisizione di un distributore di pietre multi-sede con circa 15 milioni di dollari di fatturato annuo. La direzione ha sottolineato la scalabilità, un controllo della catena di fornitura più stringente e l'efficienza del portale per i rivenditori come driver dell'espansione dei margini e della riduzione del capitale circolante.
Capstone Holding Corp (NASDAQ:CAPS) informó avances hacia una tasa de ingresos de 100 millones de dólares impulsada por adquisiciones estratégicas, marcas propias y disciplina operativa. La compañía opera ahora en 31 estados, con líneas propias que representan más de la mitad de las ventas. Capstone reveló un crecimiento del margen bruto del 24,4% en el segundo trimestre y anunció una LOI no vinculante para adquirir un distribuidor de piedra multi-sede con aproximadamente 15 millones de dólares de ingresos anuales. La gerencia enfatizó la escala, un mayor control de la cadena de suministro y la eficiencia del portal para distribuidores como impulsores de la expansión del margen y la reducción del capital de trabajo.
Capstone Holding Corp (NASDAQ:CAPS)는 전략적 인수, 자체 브랜드 및 운영 규율에 의해 주도되는 1억 달러 매출 실행률에 대한 진전을 보고했습니다. 회사는 현재 31개 주에서 운영되며, 독자 브랜드가 매출의 절반 이상을 차지합니다. Capstone은 2분기 총이익률 24.4% 증가를 공개했고 연간 매출 약 1000만 달러의 다지점 석재 유통업체를 인수하기 위한 구속력 없는 LOI를 발표했습니다. 경영진은 규모의 경제, 더 엄격한 공급망 관리 및 딜러 포털의 효율성을 관리 마진 확장과 운전자본 감소의 원동력으로 강조했습니다.
Capstone Holding Corp (NASDAQ:CAPS) a connu des progrès vers une ligne de revenus de 100 M$, impulsée par des acquisitions stratégiques, des marques propres et une discipline opérationnelle. L'entreprise opère désormais dans 31 États, avec des gammes propriétaires représentant plus de la moitié des ventes. Capstone a annoncé une croissance de la marge brute de 24,4 % au T2 et a dévoilé une LOI non contraignante en vue d'acquérir un distributeur de pierres multi-sites générant environ 15 M$ de chiffre d'affaires annuel. La direction a souligné l'échelle, un contrôle plus rigoureux de la chaîne d'approvisionnement et l'efficacité du portail pour les distributeurs comme moteurs de l'expansion des marges et de la réduction du fonds de roulement.
Capstone Holding Corp (NASDAQ:CAPS) berichtete über Fortschritte in Richtung einer Umsatzlaufleistung von 100 Mio. USD, getragen von strategischen Übernahmen, eigenen Marken und operativer Disziplin. Das Unternehmen ist nun in 31 Bundesstaaten tätig, wobei firmeneigene Linien mehr als die Hälfte des Umsatzes ausmachen. Capstone gab ein Bruttomargenwachstum von 24,4 % im Q2 bekannt und kündigte eine unverbindliche LOI zur Übernahme eines mehrstandortigen Steinverteilers mit etwa 15 Mio. USD Jahresumsatz an. Das Management hob Skaleneffekte, strengere Kontrolle der Lieferkette und Effizienz des Händlerportals als Treiber von Margenerweiterung und Reduzierung des Working Capitals hervor.
Capstone Holding Corp (NASDAQ:CAPS) أبلغت عن تقدم نحو معدل إيرادات 100 مليون دولار مدعوم بالاستحواذات الاستراتيجية، والعلامات التجارية المملوكة، والانضباط التشغيلي. تعمل الشركة الآن في 31 ولاية، مع وجود خطوط مملوكة تمثل أكثر من نصف المبيعات. كشفت Capstone عن نمو الهامش الإجمالي بنسبة 24.4% في الربع الثاني وأعلنت عن LOI غير ملزم لشراء موزع حجري متعدد المواقع يحقق حوالي 15 مليون دولار من الإيرادات السنوية. شدد الإدارة على المقاييس والقدرة على التخطيط لسلسلة الإمداد بشكل أكثر صرامة وكفاءة بوابة التجار كمحركات لتوسيع الهامش وتقليل رأس المال العامل.
Capstone Holding Corp (NASDAQ:CAPS) 报告显示在战略并购、自有品牌和运营纪律驱动下，向 1亿美元营收跑道前进。公司现已在 31个州运营，自有系列占销售额的 一半以上。Capstone 公布在第二季度实现 毛利率增长 24.4%，并宣布一项非约束性 LOI，拟收购一家多地点石材分销商，年收入约为 1500万美元。管理层强调规模效应、对供应链的更紧密控制以及经销商门户的高效性，作为推动毛利率扩张和营运资金减少的驱动因素。
- Gross margin +24.4% in Q2
- Proprietary brands now >50% of sales
- Distribution network spanning 31 states
- Signed LOI for a ~$15M revenue stone distributor
- None.
Insights
Capstone scales via acquisitions and owned brands, showing margin improvement and aiming for a
Capstone leverages roll‑up M&A, brand ownership, and distribution integration to raise margins. Completed deals and a dense network across 31 states support supply chain control. The recently announced non‑binding LOI targets a multi‑location stone distributor with about
Reported operational gains include a reported
Watch integration milestones, realized synergies, and whether future deals are binding and accretive over the next 6–18 months. Confirmed, audited financials and post‑acquisition margin trends will clarify whether the
Strategic acquisitions, owned brands, and operational discipline drive Capstone's progress toward
NEW YORK CITY, NEW YORK / ACCESS Newswire / October 9, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution platform, today published an update on its growth strategy and how it is successfully capturing the advantages that come with scale in the building products sector.
Capstone's disciplined acquisitions have expanded its national footprint, strengthened supply chains, and improved margins across its portfolio. Its newly announced LOI builds on this track record and further accelerates progress toward a
Key Highlights:
Strong Track Record: Capstone has completed a series of accretive acquisitions, including HHT's stone business, Heller's stone, Northeast Masonry, and Carolina Stone; the company now has a dense distribution network spanning 31 states.
Margin Expansion: Capstone reported
24.4% gross margin growth in Q2, reflecting efficiencies from scale, owned brands, and tighter control over pricing and supply chains.Brand Ownership: More than half of Capstone's sales now come from its proprietary lines, including Toro Stone and Pangaea, which deliver stronger margins and defensible market share.
Operational Efficiency: A modernized distribution network and Instone's dealer portal continue to streamline inventory management, shorten lead times, and reduce working capital needs.
New LOI Signed: Capstone recently announced a non-binding LOI to acquire a multi-location stone distributor with approximately
$15 million in annual revenue.
"Our model is simple," said Matt Lipman, Chief Executive Officer of Capstone Holding Corp. "We're identifying strategic assets, plugging them into a more efficient distribution backbone, and growing our margins through economies of scale and owned brands."
Through its acquisitions, Capstone is building one of the few scaled platforms in the building products sector. Scale delivers meaningful competitive advantages in this industry, yet most players remain too small and fragmented to capture them. Capstone's disciplined approach to M&A and integration has allowed it to stand apart.
"As we continue to build scale, our focus remains on growth that's both sustainable and value-accretive," Lipman said. "The acquisition of Carolina Stone is a clear example of that approach. Today, we're positioned to capture the full benefits of scale in a sector where size truly matters."
Read the full strategic update on Capstone's website.
About Capstone Holding Corp.
Capstone Holding Corp. (NASDAQ:CAPS) is a diversified platform of building products businesses focused on distribution, brand ownership, and acquisition. Through its Instone subsidiary, Capstone serves 31 U.S. states, offering proprietary stone veneer, hardscape materials, and modular masonry systems. The company's strategy combines disciplined M&A, operational efficiency, and a growing portfolio of owned brands to build a scalable and durable platform.
Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.com
Forward-Looking Statements
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&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.
SOURCE: Capstone Holding Corp.
View the original press release on ACCESS Newswire
FAQ
What progress did Capstone (CAPS) report toward a $100M revenue run-rate on October 9, 2025?
How much did Capstone's gross margin change in Q2 2025 and why does it matter for CAPS shareholders?
What is the significance of Capstone's proprietary brands for CAPS revenue mix?
What acquisition did Capstone announce in the October 9, 2025 update and what is its size?
How does Capstone claim operational changes like Instone's dealer portal affect CAPS performance?
Which states or geographic scale does Capstone (CAPS) now cover after its acquisitions?
