Welcome to our dedicated page for FGI Industries Ltd. news (Ticker: FGI), a resource for investors and traders seeking the latest updates and insights on FGI Industries Ltd. stock.
FGI Industries Ltd. (Nasdaq: FGI) is a global supplier of kitchen and bath products, with a focus on sanitaryware, bath furniture, shower systems and customer kitchen cabinetry. This news page aggregates company-issued updates and other coverage related to FGI’s operations, financial performance and strategic initiatives in these categories.
Readers can find earnings announcements in which FGI reports revenue by product category and geography, discusses gross margins and operating results, and provides commentary on trends in the residential repair and remodel market and, to a lesser extent, new home and commercial construction. Management commentary often addresses topics such as tariff impacts, freight costs, sourcing strategies and the company’s brands, products and channels strategy.
News items also cover developments in FGI’s growth initiatives, including its kitchen cabinet businesses, the Covered Bridge custom cabinet segment, and its Isla Porter digital custom kitchen joint venture, as well as expansion efforts in markets such as India. Releases may highlight changes in liquidity, credit facilities and guidance ranges for total net revenue, adjusted operating income and adjusted net income.
In addition, this page includes notices about conference calls, investor conference participation and material events reported on Form 8-K, such as the company’s reverse share split and confirmations related to Nasdaq listing compliance. Investors and researchers can use this feed to follow how FGI communicates its strategy and performance over time across its sanitaryware, bath furniture, shower systems and kitchen cabinetry businesses.
FGI Industries Ltd. (Nasdaq: FGI), a global leader in kitchen and bath products, will participate in the Sidoti Micro-Cap Virtual Conference on November 10, 2022. This engagement will feature members of its executive team, showcasing the company’s commitment to investor relations. Attendees will have the opportunity for one-on-one meetings with FGI executives. With over 30 years of experience, FGI is recognized for its innovation and quality across various product categories, including sanitaryware and bath furniture, primarily aimed at repair and remodel activities.
FGI Industries Ltd. (Nasdaq: FGI) announced it will release its third quarter 2022 financial results on November 9, 2022. A conference call is scheduled for November 10, 2022, at 8:00 am Eastern Time to discuss these results. FGI, a global supplier of kitchen and bath products, has been recognized for its innovation and quality for over 30 years. The call will be accessible via the Investor Relations section of FGI's website, where a replay will be available until November 24, 2022.
FGI Industries Ltd. (Nasdaq: FGI) reported second-quarter 2022 revenues of $47.8 million, up 12.5% year-over-year. Operating income decreased to $1.7 million, down 47.9% from the previous year, mainly due to increased supply chain disruptions and public company costs. Net income fell by 53.3% to $1.2 million, reflecting ongoing operational challenges. The company expects continued margin improvement in the second half of 2022, driven by strategic pricing actions and declining freight costs. FGI reaffirmed its fiscal 2022 guidance, projecting total revenue between $182 million and $189 million.
FGI Industries Ltd. (NASDAQ: FGI), a top supplier of kitchen and bath products, will participate in the Sidoti Micro-Cap Virtual Conference on August 18, 2022. The company's executive management team will be available for one-on-one meetings with registered investors during the event. With over 30 years of experience, FGI is recognized for its innovative products, including sanitaryware and bath furniture, catering primarily to the repair and remodel market.
FGI Industries Ltd. (Nasdaq: FGI) has announced it will release its financial results for Q2 2022 after market close on August 10, 2022. A conference call is scheduled for August 11, 2022, at 8:00 am ET, where management will discuss these results. The call will be accessible via the Investor Relations section of the company's website, where a playback will also be available until August 25, 2022.
FGI specializes in kitchen and bath products, focusing on sanitaryware, bath furniture, and kitchen cabinetry.
FGI Industries Ltd. (Nasdaq: FGI) reported Q1 2022 revenues of $43.6 million, up 19.8% year-over-year. Operating income fell 63.3% to $0.7 million, while net income dropped 82.1% to $0.5 million, impacted by supply chain challenges and increased costs. The company reaffirmed its 2022 guidance, projecting total revenue of $182 million to $189 million. Key growth drivers included strong demand in sanitaryware, particularly in the U.S. and Canada, while European revenues declined. Gross margin improved sequentially, yet decreased year-over-year, reflecting higher raw material and freight costs.
FGI Industries Ltd. (Nasdaq: FGI), a global supplier of kitchen and bath products, will attend the Sidoti Micro-Cap Conference on May 12, 2022. Members of its executive management team will be present for one-on-one meetings with registered investors. With over 30 years in the industry, FGI specializes in sanitaryware, bath furniture, shower systems, and kitchen cabinetry. The company is known for its innovation, quality, and customer service, primarily catering to repair and remodel activities.
FGI Industries Ltd. (Nasdaq: FGI) announced the release of its first-quarter 2022 financial results, scheduled for May 11, 2022, post-market. A conference call will follow on May 12, 2022, at 8:00 am ET to discuss the findings. The company's focus remains on kitchen and bath products, leveraging over 30 years of industry experience. Interested parties can access a live webcast on their corporate site, with a replay available until May 26, 2022.
FGI Industries Ltd. (Nasdaq: FGI), a premier global supplier of kitchen and bath products, will present at NobleCon18 on April 20, 2022, at 11:00 AM ET. The executive management team will also host a breakout session for investors at 1:45 PM ET on the same day. A video webcast of their presentation will be accessible on the Company's website the following day. FGI specializes in various product categories including sanitaryware and bath furniture, fostering a reputation for quality and innovation in the home improvement sector.
FGI Industries Ltd. (Nasdaq: FGI) reported fourth-quarter 2021 revenues of $52.2 million, a 47% increase year-over-year, with net income reaching $1.0 million. Despite revenue growth, operating income declined by 39.7% to $0.7 million, affected by supply chain disruptions and inflationary pressures. For the full year, total revenues were $181.9 million, a 34.9% increase. The company outlined its strategy for 2022, focusing on product innovation, organic growth, and efficient capital deployment, amid uncertainty from market conditions.
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