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Stock impact report

Stran & Company Reports Preliminary Selected Unaudited Results for the First Quarter of 2024

Stran & Company, Inc. (SWAG) 
Company Research Source: GlobeNewswire
Year-over-year revenue expected to grow 17% compared to first quarter of 2023 Gross margin expected to increase by over 100 basis points versus first quarter of 2023 Cash, cash equivalents and investments expected to increase to $20.2 million as of March 31, 2024, compared to $18.5 million at December 31, 2023 Quincy, MA, June 28, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today reported preliminary selected unaudited results for the first quarter of 2024. “We are pleased to report we project strong growth for the first quarter of 2024,” commented Andy Shape, President and CEO of Stran. “Specifically, sales are expected to have increased approximately 17% over the same period last year, which reflects our continued addition of new customers and expansion of existing contracts with Show less Read more
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