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Stock impact report

FGI INDUSTRIES ANNOUNCES THIRD QUARTER 2025 RESULTS [Yahoo! Finance]

FGI Industries Ltd. - Ordinary Shares (FGI) 
Company Research Source: Yahoo! Finance
global supplier of kitchen and bath products, today announced results for the third quarter 2025. FGI Industries, Ltd. (PRNewsfoto/FGI Industries Ltd.) THIRD QUARTER 2025 HIGHLIGHTS (As compared to the third quarter of 2024) Total revenue of $35.8 million, -0.7% y/y Gross profit of $9.5 million, +2.0% y/y Gross margin of 26.5%, +70 bps y/y Operating income of $0.4 million and net loss attributable to shareholders of $1,651,000 Adjusted operating income of $0.4 million Adjusted net income of $241,000 MANAGEMENT COMMENTARY Dave Bruce, CEO of FGI, stated, "FGI reported total revenue of $35.8 million in the quarter, representing a year-over-year decrease of 0.7%. Gross profit was $9.5 million, an increase of 2.0% compared to the prior year. The gross margin was 26.5%, an increase of 70 basis points compared to the third quarter of 2024. Customers continued to evaluate the impact of tariffs on their businesses. FGI's pricing actions reflect support from our customers an Show less Read more
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