AI brief of an SEC Form 8-K · Stran & Company, Inc. (SWAG)
Stran & Company Q3 Gross Profit Up 32%, Net Income $35,000 vs. Prior-Year Loss
Stran & Company reported third-quarter 2026 sales of $28.1 million, up 8.2%, and gross profit of $9.4 million, up 32.4%, with gross margin rising to 33.3% from 27.2%. Net income was $35,000, compared with a net loss of $1.2 million a year earlier, and nine-month net income was $1.1 million. The company said results for the quarter included a tariff refund of about $0.2 million that may not recur.
Key points
- Q3 2026 sales were $28.1 million, up 8.2% from $26.0 million in Q3 2025
- Q3 gross margin was 33.3% versus 27.2%; results included a tariff refund of about $0.2 million that may not recur
- Nine-month 2026 net income was $1.1 million versus a net loss of about $1.0 million; operating cash flow was $1.8 million
- Cash and investments were $12.6 million as of September 30, 2026; conference call set for 10:00 a.m. ET on November 11, 2026
The filing
CompanyStran & Company, Inc. (SWAG)
Form8-K, current report
Filed with the SECNov 10, 2026, 4:35 PM ET
Accession number0001213900-26-118067
Written by AI on Nov 10, 2026, 4:43 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.