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Stran & Company Inc - SWAG STOCK NEWS

Welcome to our dedicated news page for Stran & Company (Ticker: SWAG), a resource for investors and traders seeking the latest updates and insights on Stran & Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stran & Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stran & Company's position in the market.

News
Stran & Company Reports 28.7% Increase in Sales and Achieves Profitability for the 2023 Fiscal Year
Rhea-AI Summary
Stran & Company, Inc. (SWAG) reports a 156% year-over-year increase in operating income for Q4 2023, with net earnings of $883,000. They achieved record sales of $75.9 million, a 28.7% increase over the prior year, and a gross profit increase of 50.2% to $24.9 million. The company saw a 27.5% sales increase in Q4 2023, with gross profit up by 63.5%. Stran also closed the T R Miller Co., Inc. assets acquisition, marking their fourth acquisition in less than two years. They maintained a strong balance sheet with $18.5 million in cash and investments as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
earnings
-
News
Stran & Company Schedules Fiscal 2023 Year Financial Results and Business Update Conference Call
Rhea-AI Summary
Stran & Company, Inc. (SWAG) will host a conference call to discuss its 2023 fiscal year financial results and corporate progress on March 28, 2024. The call will be available via telephone and webcast, with replays accessible online and by phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
earnings
-
News
Stran & Company Secures Multi-Year Agreement with One of the World’s Leading Global Professional Services Firms
Rhea-AI Summary
Stran & Company, Inc. (NASDAQ: SWAG) secures a multi-year agreement with a global professional services firm, expanding its reach across industries and continents. The partnership aims to provide customized promotional products and loyalty incentives to the customer's hundreds of worldwide offices and employees, enhancing brand recognition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
none
News
Stran & Company Appoints Ian Thomas Wall as Chief Information Officer
Rhea-AI Summary
Stran & Company, a leading outsourced marketing solutions provider (NASDAQ: SWAG; SWAGW), has appointed Ian Thomas Wall as its Chief Information Officer. Wall brings over a decade of experience in digital transformation, technology road mapping, organizational development, continuous improvement, and risk management. His appointment follows recent key sales hires, demonstrating the company's focus on accelerating growth and implementing digital technologies to enhance lead generation and closure rates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.73%
Tags
management
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News
Stran & Company Expands Executive Sales Team with the Addition of Two Industry Veterans
Rhea-AI Summary
Stran & Company, Inc. (NASDAQ: SWAG; SWAGW) expands sales leadership with the addition of Nick Kiefer as Executive Vice President of Sales and Michele Pytlinski as Senior Vice President of Client Strategy. The company aims to capitalize on significant market opportunities and industry growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.58%
Tags
none
-
News
Stran & Company to Present at the Investor Summit on December 7th
Rhea-AI Summary
Stran & Company, a leading outsourced marketing solutions provider, announced that President and CEO Andy Shape will present at the Investor Summit on December 7, 2023. The presentation will be webcast live and available for replay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
conferences
News
Stran & Company to Present at the Sidoti Virtual Investor Conference on November 16th
Rhea-AI Summary
Stran & Company, Inc. (NASDAQ: SWAG) announces President and CEO Andy Shape's presentation at the Sidoti Investor Conference on November 16, 2023. The presentation will be webcast live and available for replay. Mr. Shape will also be available for one-on-one meetings with qualified investors throughout the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
conferences
-
News
Stran & Company Announces 42% Increase in Revenue and Reports Profitable Net Earnings for the Third Quarter of 2023
Rhea-AI Summary
Stran & Company, Inc. (NASDAQ: SWAG) reported a 42% increase in revenue to $19.3 million for Q3 2023. Gross profit increased by 50% to $6.4 million, with a gross profit margin of 33%. Net earnings were approximately $684,000. Organic revenue grew by 30% to $15.4 million. The company completed four acquisitions and integrated them successfully. They plan to focus on organic growth and maximizing the potential of acquisitions. The stock repurchase program continues, and the company ended the quarter with $19.7 million in cash and liquid investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.98%
Tags
earnings
-
News
Stran & Company Schedules Third Quarter 2023 Financial Results and Business Update Conference Call
Rhea-AI Summary
Stran & Company, Inc. (NASDAQ: SWAG) will host a conference call on November 6, 2023, to discuss its financial results for Q3 2023 and provide updates on corporate progress. The call can be accessed via telephone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
earnings
News
Andy Shape, CEO of Stran & Company, Ranked 24th on 2023 List of Most Powerful People in the Promotional Products Industry
Rhea-AI Summary
Stran & Company, Inc. CEO Andy Shape has been ranked 24th on the ASI 2023 Counselor Power 50 list of trailblazers in the promotional products industry. The company's organic revenue growth and acquisitions have been acknowledged. The Power 50 spotlights executives who have a significant impact on the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
none
Stock SWAG logo
Stran & Company Inc

Nasdaq:SWAG

SWAG Rankings

#5099 Ranked by Market Cap
#4105 Ranked by Stock Gains
N/A Ranked by Dividends

SWAG Stock Data

23.63M
8.87M
51.89%
8.05%
0.23%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
United States
Quincy

About SWAG

strän provides organizations with physical branded merchandise and the marketing vehicles by which to distribute that merchandise. the results provide our clientele with amplified brand exposure, streamlined operational efficiency and tangible cost savings. visit www.stran.com to learn more.