Welcome to our dedicated page for Caesarstone news (Ticker: CSTE), a resource for investors and traders seeking the latest updates and insights on Caesarstone stock.
Caesarstone Ltd. (NASDAQ: CSTE) is a developer and manufacturer of high-quality engineered surfaces whose activities generate regular news for investors and industry followers. The company reports on its financial performance, restructuring efforts, and strategic focus on innovation, product development, and brand-building in the premium surfaces market.
On this page, readers can follow CSTE news related to quarterly and annual financial results, including revenue trends, gross margin developments, and updates on non-GAAP measures such as Adjusted EBITDA. Caesarstone’s announcements frequently discuss the impact of global economic conditions, tariffs, and competitive pressures on demand for its quartz, porcelain, and natural stone surfaces across key regions.
News items also cover the company’s restructuring and cost optimization initiatives, such as changes to its manufacturing footprint, facility closures, and the use of a global production network. These updates often explain how Caesarstone aims to improve profitability, cash flow, and operational efficiency while continuing to support its brand and product portfolio.
Another recurring theme in Caesarstone’s disclosures is legal and regulatory developments, particularly lawsuits related to respirable crystalline silica dust and related insurance proceedings. The company provides information on provisions, insurance receivables, and the status of selected cases, as well as risk considerations.
Investors, analysts, and market participants can use this news feed to monitor earnings releases, conference call announcements, annual meeting notices, and other material events affecting CSTE. Regular review of these updates helps build a clearer picture of Caesarstone’s operating environment, strategic priorities, and risk profile over time.
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Caesarstone Ltd. (NASDAQ: CSTE) will release its earnings for Q1 2023 on May 10, 2023, before the market opens. Following the results announcement, a webcast and conference call will take place at 8:30 a.m. ET, allowing investors to engage in a Q&A session. The live webcast can be accessed via the company's Investor Relations website. For those unable to attend, a telephonic replay of the call will be available from 12:30 p.m. ET on May 10 until 11:59 p.m. ET on May 17.
Caesarstone, established in 1987, is known for its high-quality engineered surfaces, particularly quartz countertops, and operates in over 50 countries.
Caesarstone Ltd. (NASDAQ: CSTE) announced the appointment of Yosef Shiran as CEO, effective March 16, 2023. Shiran previously led the company from 2009 to 2016 and will succeed Yuval Dagim, who will assist in the transition. Shiran expressed optimism about the company’s potential and its dedicated team, emphasizing the need to address current challenges. Chairman Ariel Halperin highlighted Shiran's familiarity with the company as a valuable asset during restructuring efforts aimed at restoring shareholder value. The company operates globally, specializing in premium surfaces for various applications.
Caesarstone Ltd. (CSTE) reported record revenue of $690.8 million for 2022, achieving a 7.3% year-over-year increase. However, fourth-quarter revenues declined 6.8% to $159.4 million. The company faced a net loss of $57.1 million, or $1.66 per share, predominantly due to a $71.3 million non-cash impairment charge. Adjusted net income for the year was $10.6 million, with an adjusted diluted EPS of $0.31. The outlook for 2023 anticipates stable revenues, but a focus on cost optimization and pricing strategies will be crucial to offset expected declines in volume and currency fluctuations.
Caesarstone Ltd. (NASDAQ: CSTE) will announce its earnings results for Q4 and the full year ending December 31, 2022, on March 1, 2023, prior to market open. A conference call will follow at 8:30 a.m. ET, with a Q&A session for investors. The live webcast can be accessed on the Company’s Investor Relations website. A telephonic replay will be available from 12:30 p.m. ET on the same day until March 8, 2023. Caesarstone specializes in engineered surfaces, offering over 100 colors of countertops for various applications. Established in 1987, the company operates in over 50 countries, focusing on innovative technology and sustainable products.
Caesarstone Ltd. (CSTE) reported record third quarter revenue of $180.7 million, a 10.6% increase year-over-year, with a 14.9% rise on a constant currency basis. However, the company incurred a net loss of $0.5 million, or ($0.02) per share. Adjusted EBITDA fell to $13.4 million, marking a 7.4% margin, down from 10.8% in the previous year. The company revised its 2022 revenue outlook to $690-$700 million, primarily due to adverse foreign exchange impacts and moderated volume expectations in a challenging economic environment.
Caesarstone Ltd. (NASDAQ: CSTE) will release its third quarter earnings results for the period ending September 30, 2022, on November 9, 2022. A conference call is scheduled for the same day at 8:30 a.m. ET, where the results will be discussed, followed by a Q&A session. Investors can access the live webcast via the company’s Investor Relations website. The earnings conference call will also be available for replay shortly after it concludes. Caesarstone specializes in high-quality engineered surfaces, including countertops, and has a global presence in over 50 countries.
Caesarstone Ltd. (NASDAQ: CSTE) will participate in the Zelman 2022 Virtual Housing Summit on September 21, 2022, featuring CEO Yuval Dagim and CFO Nahum Trost. Established in 1987, Caesarstone is a leading manufacturer of premium engineered surfaces, specializing in versatile countertops. The company boasts a diverse portfolio of over 100 colors and innovative technology, serving over 50 countries. Caesarstone remains committed to sustainability, high-quality production, and expanding its market presence, while navigating challenges such as global supply chain constraints.
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