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Stock impact report

Fgi Industries (FGI) Q2 2025 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

FGI Industries Ltd. - Ordinary Shares (FGI) 
Chief Financial Officer — Jae M. Chung TAKEAWAYS Total Revenue -- $31 million, up 5.5% year over year, driven by gains in Sanitaryware, Bath Furniture, and Covered Bridge cabinetry, partially offset by a decline in Shower Systems revenue. Gross Profit -- $8.7 million, falling 2.9% from the prior year, reflecting margin pressure from tariffs. Gross Margin -- 28.1%, down from 30.5%, a contraction of 240 basis points primarily due to the ongoing tariff environment. Sanitaryware Revenue -- Grew 4.3% year over year, with new program wins contributing to growth. Bath Furniture Revenue -- Increased 2.7% year over year as pricing and design alignment produced additional business wins. Shower Systems Revenue -- Decreased 11.2% year over year despite management noting positive demand trends. Other Revenue—Covered Bridge -- Rose 67.7% year over year, attributed to expanded geographies, dealer growth, and sustained order momentum. Geographic Revenue Mix -- U.S. declined 0.4%, w Show less Read more
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