CSTE

This article first appeared on GuruFocus. Release Date: May 13, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Gross margin expanded by 100 basis points despite lower revenue, indicating successful restructuring efforts. Transition to a third-party manufacturing model is expected to generate annualized cash savings of approximately $22 million by 2027. Australia showed strong performance with solid revenue growth, driven by the introduction of zero silica ICON products. The restructuring plan has reached a significant milestone with the transition of quartz production to a global manufacturing partner network. Caesarstone Ltd (NASDAQ:CSTE) maintains a net cash position of $50.4 million, providing financial flexibility. Global revenue declined by approximately 14.9% year-over-year on a constant currency basis, primarily due to softness in global demand. North American market faced competitive pressures, leading to a decline in revenue. Geopolitical volatility in the Middle East has increased product costs and sea freights, expected to impact results in the second half of 2026. Operating expenses increased as a percentage of revenue, reflecting lower revenues. The company faces ongoing legal challenges with 711 lawsuits related to silica-related injuries, resulting in a $48.8 million provision. Warning! GuruFocus has detected 5 Warning Signs with CSTE. Is CSTE fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the impact of the restructuring actions on your financial performance? A: Yosef Shiran, CEO: Our restructuring actions have led to a 100 basis point improvement in gross margin despite lower revenue. The transition to a third-party manufacturing model and optimized production footprint are key factors. We expect these actions to generate annualized cash savings of approximately $22 million by 2027, with total savings since 2023 exceeding $100 million. Q: How is the geopolitical situation in the Middle East affecting your operations? A: Yosef Shiran, CEO: The regional conflict in the Middle East has impacted demand in Israel, and geopolitical volatility has increased product costs and sea freights. We anticipate these factors will mainly affect our results in the second half of 2026. Q: What are the main challenges you are facing in the North American market? A:...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management attributed a 100 basis point gross margin expansion to the successful transition of quartz production to a third-party manufacturing partner network. The closure of the Bar-Lev facility marks a significant milestone in shifting toward an asset-light model designed to improve the company's long-term earnings profile. Revenue declines were driven by persistent macroeconomic headwinds and competitive pressures, particularly within the North American market. Australia served as a strategic bright spot, with solid revenue growth fueled by the successful market introduction of zero-silica ICON products. Geopolitical volatility in the Middle East has begun to impact domestic demand in Israel while simultaneously increasing global product and sea freight costs. The company is focusing on improving execution at its Lioli facility in India to better align its porcelain category with long-term growth objectives. Management expects to achieve positive adjusted EBITDA in the third quarter of 2026, assuming no material deterioration in economic or geopolitical conditions. The company projects annualized cash savings of approximately $22 million by 2027 from recent restructuring, bringing total savings since 2023 to over $100 million. Anticipated increases in product costs and sea freights due to geopolitical volatility are expected to primarily impact financial results in the second half of 2026. Future profitability is dependent on seasonal revenue improvements, continued momentum in Australia, and the execution of subleases on noncancelable long-term agreements. Management is evaluating further fixed cost reductions, including the potential consolidation of distribution centers to reinforce the path to profitability. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. The company is navigating a complex U.S. tariff environment, with current average tariffs at 15% and a proposed ITC remedy that could implement a 25% to 40% quota-based structure. Management has implemented price increases in the U.S. to partially offset higher costs associated with broad-based import tariffs. A $48.8 million provision has been recorded for 711 active silica-related injury lawsu...

• Similarweb (NYSE:SMWB) is estimated to report quarterly earnings at $0.01 per share on revenue of $72.97 million. • Dominari Holdings (NASDAQ:DOMH) is projected to report earnings for its first quarter. • CTW Cayman (NASDAQ:CTW) is projected to report earnings for its first quarter. • Milestone Pharmaceuticals (NASDAQ:MIST) is projected to report quarterly earnings at $0.14 per share on revenue of $45.13 million. • Paysafe (NYSE:PSFE) is expected to report quarterly earnings at $0.35 per share on revenue of $424.33 million. • Caesarstone (NASDAQ:CSTE) is projected to report quarterly loss at $0.35 per share on revenue of $97.80 million. • Buda Juice (AMEX:BUDA) is expected to report quarterly earnings at $0.03 per share on revenue of $3.20 million. • Kamada (NASDAQ:KMDA) is expected to report quarterly earnings at $0.12 per share on revenue of $124.20 million. • Kornit Digital (NASDAQ:KRNT) is likely to report quarterly loss at $0.04 per share on revenue of $46.67 million. • Beasley Broadcast Group (NASDAQ:BBGI) is estimated to report earnings for its first quarter. • Xtant Medical Holdings (AMEX:XTNT) is expected to report quarterly loss at $0.02 per share on revenue of $19.79 million. • PDS Biotechnology (NASDAQ:PDSB) is projected to report earnings for its first quarter. • Humacyte (NASDAQ:HUMA) is likely to report quarterly loss at $0.11 per share on revenue of $1.42 million. • Hyatt Hotels (NYSE:H) is likely to report quarterly earnings at $0.63 per share on revenue of $2.33 billion. • Protalix BioTherapeutics (AMEX:PLX) is likely to report quarterly loss at $0.01 per share on revenue of $11.47 million. • Eos Energy Enterprises (NASDAQ:EOSE) is likely to report quarterly loss at $0.24 per share on revenue of $56.41 million. • Riskified (NYSE:RSKD) is likely to report quarterly earnings at $0.02 per share on revenue of $87.64 million. • Aprea Therapeutics (NASDAQ:APRE) is estimated to report earnings for its first quarter. • Immunic (NASDAQ:IMUX) is estimated to report earnings for its first quarter. • Valens Semiconductor (NYSE:VLN) is likely to report quarterly loss at $0.07 per share on revenue of $16.47 million. • DarioHealth (NASDAQ:DRIO) is projected to report quarterly loss at $0.90 per share on revenue of $5.48 million. • Compass Pathways (NASDAQ:CMPS) is likely to report earnings for its first quarter. • Zenas BioPharma (NASDAQ:ZBIO) is expect...

- Revenue of $88.7 Million - - Gross Margin of 22.3%, Increasing 100 Basis Points Year-Over-Year - - On Track to Deliver Positive Adjusted EBITDA in the Third Quarter of 2026 - MP MENASHE, Israel, May 13, 2026--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its first quarter ended March 31, 2026. Yos Shiran, Caesarstone’s Chief Executive Officer commented, "First quarter results reflect meaningful structural progress in our ongoing transformation. Gross margin expanded driven by the increasing contribution of our transition to a third-party manufacturing model despite continued revenue pressure. While macroeconomic headwinds and competitive dynamics continue to weigh on revenues, particularly in North America, we remain focused on the factors within our control, including strengthening partnerships within our global production network, and advancing the strategic initiatives under our restructuring plan that support our path to profitability. Based on our current operating plan and assuming no material deterioration in global economic or geopolitical conditions, we remain on track to achieve positive Adjusted EBITDA in the third quarter of 2026 and are committed to building a stronger, more resilient, and more profitable Caesarstone." First Quarter 2026 Results Revenue in the first quarter of 2026 was $88.7 million compared to $99.6 million in the prior year quarter. On a constant currency basis, first quarter revenue was down approximately 14.9% year-over-year, reflecting continued softness in global demand and competitive pressures, particularly in North America, partially offset by strength in Australia. Gross margin in the first quarter of 2026 was 22.3% compared to 21.3% in the prior year quarter. Adjusted gross margin in the first quarter was 23.9%, compared to 21.2% in the prior year quarter. The improvement in gross margin reflects the realization of cost savings associated with the Company’s transition to its global network of production partners following the closure of its Bar-Lev facility, combined with the benefits of a leaner, more efficient production footprint. Operating expenses in the first quarter of 2026 were $39.2 million, or 44.1% of revenue, compared to $35.9 million, or 36.1% of revenue in the prior year quarter. Excluding...

Caesarstone (NASDAQ:CSTE) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. The full earnings call is available at https://viavid.webcasts.com/starthere.jsp?ei=1761485&tp_key=82d1445cfd Caesarstone's Q1 2026 results show a 15% year-over-year revenue decline to $88.7 million, with macroeconomic headwinds and competitive pressures impacting North American sales. Gross margin improved by 100 basis points to 22.3% due to the transition to a third-party manufacturing model, with expected annualized savings of $22 million by 2027. Australia delivered strong revenue growth, while geopolitical issues in Israel and increased product costs affected results. The company is investing in brand development, R&D, and enhancing customer value propositions, with porcelain as a key growth area. Restructuring actions are expected to save over $100 million by 2027, with a focus on cost reduction and supply chain optimization amidst U.S. tariff changes. Adjusted EBITDA showed stability despite lower volumes, and the company maintains a net cash position of $50.4 million. Caesarstone aims for positive adjusted EBITDA by Q3 2026, assuming stable economic and geopolitical conditions. OPERATOR Greetings and welcome to the Caesarstone first quarter 2026 earnings conference call. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Brad Cray of ICR. Thank you. You may begin. Brad Cray (Moderator) Thank you, operator. And good morning to everyone on the line. I am joined by Yo Charan, Caesarstone's Chief Executive Officer and Nahum Trost, Caesarstone's Chief Financial Officer. Certain statements in today's conference call and responses to various questions may constitute forward looking statements. We caution you that such statements reflect only the Company's current expectations and that actual events or results may differ materially. For more information, please refer to the risk factors contained in the Company's most recent annual report on Form 20F and subsequent filings with the SEC. In addition, on this call, the Company will make reference to certain non GAAP financial measures, including adjusted net loss income, adjusted net loss income...

Caesarstone (NASDAQ:CSTE) reported first-quarter results on Wednesday that came in ahead of analyst expectations on earnings, although revenue fell short as the company continued restructuring operations in a difficult market environment. The company’s shares showed little movement in after-hours trading following the earnings release. Caesarstone posted an adjusted loss of $0.32 per share for the quarter ended March 31, outperforming analyst estimates for a loss of $0.35 per share. Revenue totaled $88.7 million, below the consensus forecast of $97.8 million and down 10.9% from $99.6 million in the same period last year. On a constant-currency basis, revenue declined 14.9% year-on-year as the company continued to face weaker global demand and competitive pressures, particularly in North America. The decline was partly offset by stronger performance in Australia. Gross margin increased to 22.3% from 21.3% in the prior-year quarter, while adjusted gross margin improved to 23.9% from 21.2%. The company said the margin improvement was driven by cost savings linked to its transition toward third-party manufacturing partners following the closure of its Bar-Lev production facility. “First quarter results reflect meaningful structural progress in our ongoing transformation,” said Yos Shiran, chief executive officer of Caesarstone. “Gross margin expanded driven by the increasing contribution of our transition to a third-party manufacturing model despite continued revenue pressure.” Adjusted EBITDA loss for the quarter was $7.5 million, compared with a loss of $7.1 million in the same period a year earlier. Caesarstone reiterated its goal of reaching positive adjusted EBITDA during the third quarter of 2026. As of March 31, the company held $52.3 million in cash and cash equivalents. Caesarstone reported a net cash position of $50.4 million at the end of the quarter. Caesarstone stock price

MP MENASHE, Israel, April 29, 2026--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the first quarter ended March 31, 2026 on Wednesday, May 13, 2026 before the market opens. The Company will host a webcast and conference call on the same day at 8:30 a.m. ET to discuss the results. The live webcast can be accessed through the Investor Relations section of the Company’s website at ir.caesarstone.com. For those unable to access the webcast, the conference call will be accessible domestically or internationally, by dialing 1-877-407-9716 and 1-201-493-6779, respectively. The toll-free Israeli number is 1 80 940 6247. Upon dialing in, please request to join the Caesarstone First Quarter 2026 Earnings Conference Call. To listen to a telephonic replay of the conference call, dial toll-free 1-844-512-2921 or +1-412-317-6671 (international) and enter pass code 13760376. The replay will be available beginning at 12:30 p.m. ET on Wednesday, May 13, 2026 and will last through 11:59 p.m. ET on Wednesday, May 20, 2026. About Caesarstone Caesarstone is a global leader of premium surfaces, specializing in countertops that create dynamic spaces of inspiration in the heart of the home. Established in 1987, its multi-material portfolio of over 100 colors combines the company’s innovative technology with its powerful design passion. Spearheading high-quality, sustainable surfaces, Caesarstone delivers functional resilience with timeless beauty, for a vast range of applications, including kitchen countertops, bathroom vanities, and more, for indoor and outdoor spaces. Since it pioneered quartz countertops over thirty years ago, the brand has expanded into porcelain and natural stone and is on the ground in more than 50 countries worldwide while enhancing customer experience through the expansion of groundbreaking digital platforms & services. More information on Caesarstone: caesarstoneus.com, Facebook, Twitter, YouTube, Pinterest, and Instagram Forward-Looking Statements Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private...

- Fourth Quarter Revenue of $94.4 Million and Full Year Revenue of $397.2 Million - - Implementation of Strategic Measures Expected to Bring Total Annualized Savings to Approximately $100 Million Since 2023 - - Reiterates Expectation to Deliver Positive Adjusted EBITDA in the Third Quarter of 2026 - MP MENASHE, Israel, March 04, 2026--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its fourth quarter and full year ended December 31, 2025. Yos Shiran, Caesarstone’s Chief Executive Officer commented, "In 2025, we continued to reshape our business model and positioned Caesarstone for sustainable, profitable growth. We made decisive progress executing our multi-year strategic plan, most notably through the closure of our Bar-Lev manufacturing facility and the completion of our full transition of quartz production to our global network of third party production partners. This transformation represents a significant structural improvement that strengthens our competitive position and provides a foundation for long-term value creation." Nahum Trost, Caesarstone Chief Financial Officer added, "While we faced persistent market headwinds throughout the year, including global economic uncertainty and competitive pressures, we remained focused on the strategic initiatives that will drive long-term growth. We successfully launched our zero crystalline silica collection in Australia, ensuring regulatory compliance while maintaining market leadership. We expanded our porcelain capabilities in this growing product category and we continued to invest in brand strength, product innovation, and customer service excellence. With the Bar-Lev closure behind us and our transition to third party production partners progressing as planned, we enter 2026 with a significantly more flexible and efficient operating structure. This step change in our transformation, combined with other recent cost mitigation efforts, is expected to deliver over $25 million in annual cost savings, which brings our total annualized savings to approximately $100 million since 2023." Manufacturing Facility Network and Cost Optimization Update As previously announced, on November 11, 2025, the Company approved additional steps under its strategic restructuring plan across the Company’s operations,...

MP MENASHE, Israel, February 18, 2026--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2025 on Wednesday, March 4, 2026 before the market opens. The financial results will be available on the Investor Relations section of the Company’s website at ir.caesarstone.com. The Company will not host an earnings call. About Caesarstone Caesarstone is a global leader of premium surfaces, specializing in countertops that create dynamic spaces of inspiration in the heart of the home. Established in 1987, its multi-material portfolio of over 100 colors combines the company’s innovative technology with its powerful design passion. Spearheading high-quality, sustainable surfaces, Caesarstone delivers functional resilience with timeless beauty, for a vast range of applications, including kitchen countertops, bathroom vanities, and more, for indoor and outdoor spaces. Since it pioneered quartz countertops over thirty years ago, the brand has expanded into porcelain and natural stone and is on the ground in more than 50 countries worldwide while enhancing customer experience through the expansion of groundbreaking digital platforms & services. More information on Caesarstone: caesarstoneus.com, Facebook, Twitter, YouTube, Pinterest, and Instagram Forward-Looking Statements Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "goals," "intend," "seek," "anticipate," "believe," "could," "continue," "expect," "estimate," "may," "plan," "outlook," "future" and "project" and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward looking statements include statements regarding the Company’s sustainability goals and plans, intentions, expectations, assumptions, goals and beliefs regarding the Company’s business and sustainability vision. These forward-looking statements also...

This article first appeared on GuruFocus. Global Revenue: $102.1 million, down from $107.6 million in the prior year quarter. Revenue Decline (Constant Currency): Decreased by 5.7% year over year. US Sales: Decreased by 10.9% to $46.7 million. Canada Sales (Constant Currency): Decreased by 10.8%. EEA Sales (Constant Currency): Increased by 12.4%. Israel Sales (Constant Currency): Increased by 2.5%. Gross Margin: 17.3%, down from 19.9% in the prior quarter. Operating Expenses: $33.7 million or 33% of revenue, compared to $25.4 million or 23.6% of revenue in the prior year quarter. Adjusted Net Loss Per Share: $0.40 on 34.6 million shares, compared to $0.24 in the prior year quarter. Net Cash Position: $66.7 million as of September 30, 2025. Annualized Cash Savings: Expected to be approximately $22 million from strategic actions. Total Annualized Savings: Exceed $85 million compared to 2022. Warning! GuruFocus has detected 4 Warning Signs with CSTE. Is CSTE fairly valued? Test your thesis with our free DCF calculator. Release Date: November 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Caesarstone Ltd (NASDAQ:CSTE) is advancing its business model transformation by focusing on innovation, product development, and marketing. The company is investing in strengthening its brand, expanding its product offerings, and enhancing R&D capabilities. The strategic move to outsource 100% of production, excluding porcelain, is expected to generate annualized cash savings of approximately $22 million. The acquisition of the remaining shares of Laoli strengthens Caesarstone Ltd (NASDAQ:CSTE)'s position in the porcelain market, capturing new growth opportunities. The company has achieved over $85 million in total savings since 2023, fundamentally reshaping its operations for long-term growth. Global revenue decreased by 5.7% year over year on a constant currency basis, reflecting continued global economic headwinds and competitive pressures. Sales in the US and Canada decreased by 10.9% and 10.8% respectively, due to market softness and competitive pressures. Gross margin declined to 17.3% from 19.9% in the prior quarter, primarily due to lower volumes and production inefficiencies. The company reported an adjusted diluted net loss per share of $0.40, compared to a loss of $0.24 in the prior year quarter. Legal pr...

- Revenue of $102.1 Million - - Further Solidifies Transformation to an Innovation- and Brand-Focused Model - - Announces Major Step in Multi-Year Initiative to Optimize Its Global Manufacturing Network with Closure of Bar-Lev Facility - - Implementation of Strategic Measures Expected to Support a Return to Positive Adjusted EBITDA in the Third Quarter of 2026 - MP MENASHE, Israel, November 12, 2025--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its third quarter ended September 30, 2025. Yos Shiran, Caesarstone’s Chief Executive Officer commented, "We are rapidly advancing the transformation of our business model to focus on innovation, product development, and marketing. We are investing in strengthening the Caesarstone brand, expanding our porcelain offering, and enhancing our R&D capabilities. As part of this strategic transformation, we are further optimizing our global manufacturing footprint with the announced closing of our Bar-Lev facility and the transfer of production to our global partners. These initiatives are expected to generate annual savings of approximately $22 million and bring total savings since 2023 to over $85 million, representing necessary steps to strengthen our competitive position and support a return to positive adjusted EBITDA in the third quarter of next year." Manufacturing Facility Network and Cost Optimization Update On Nov 11, 2025, the Company approved additional steps under its strategic restructuring plan across its operations, commencing with the closure of the manufacturing facility in Bar-Lev, Israel, and a reduction in headcount of approximately 200 employees mostly associated with the facility. This strategic action is intended to increase competitiveness, improve the Company’s profitability and cash flows, enhance service and drive additional cost efficiencies through an optimized manufacturing footprint. In connection with the facility closure, the Company expects to incur non-cash impairment expenses of $40.0 million to $45.0 million and estimated cash costs in the amount of $4.0 million to $8.0 million related to operations, beginning in the fourth quarter of 2025 and continuing through the next 12 months. These estimated closure costs do not include a potential non-cash write-down on the long term...