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Stran & Company, Inc. - $SWAG STOCK NEWS

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

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.

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
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Rhea-AI Summary
Stran & Company secures six-figure annual contract with leading medical group
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.31%
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none
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Rhea-AI Summary
Stran & Company appoints David Leuci as Chief Information Officer to enhance technology strategy and execution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
Tags
management
Rhea-AI Summary
Stran & Company, Inc. launches new loyalty program, generating $2 million in sales in the first week with more than 22,000 orders. Maximum sales projected at $4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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none
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Rhea-AI Summary
Stran & Company, Inc. resumes stock repurchase program and reports management stock purchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.19%
Tags
buyback
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Rhea-AI Summary
Stran & Company, Inc. reports an 18% YoY increase in revenue for Q2 2023 to $17.5 million. Organic sales increased by 11%. Gross profit increased by 35% and gross profit margin improved to 29.1%. The company expects the trend to continue and plans to leverage acquisitions for further growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
Rhea-AI Summary
Stran & Company, Inc. will host a conference call on August 14, 2023, to discuss its financial results for Q2 2023. The call will be available via telephone and webcast. A webcast replay and telephone replay will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.76%
Tags
-
Rhea-AI Summary
Andy Shape, CEO of Stan & Company, has been named the 2023 Counselor® Person of the Year by the Advertising Specialty Institute® (ASI). The Top 40 Distributors and Top 40 Suppliers were also revealed at the Counselor Awards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
none
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Rhea-AI Summary
Stran & Company, Inc. has completed the acquisition of T R Miller Co., Inc., a branded merchandise company with unaudited revenue of approximately $19 million in 2022. The acquisition brings skilled employees, a proven track record, and a state-of-the-art distribution center. This marks Stran's fourth acquisition since 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
Tags
Rhea-AI Summary
Stran & Company, Inc. reports a 28.7% increase in revenue and a 45.9% increase in gross profit for the first quarter of 2023. The company is experiencing organic revenue growth and is successfully integrating recent acquisitions. They have a solid balance sheet with over $10 million in cash and are pursuing additional growth initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
Tags
none
Stran & Company, Inc.

Nasdaq:SWAG

SWAG Rankings

SWAG Stock Data

22.89M
8.87M
51.89%
8.05%
0.23%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
United States of America
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.