tiprankstipranks
Stran & Company Reports Financial Restatement and Growth
Company Announcements

Stran & Company Reports Financial Restatement and Growth

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

An announcement from Stran & Company ( (SWAG) ) is now available.

On January 22, 2025, Stran & Company announced the restatement of its financial results for fiscal years 2022 and 2023. The company’s sales increased significantly, driven by acquisitions and higher client spending, with a notable increase in gross profit. Additionally, Stran acquired Gander Group in November 2024, enhancing its position in the casino continuity and loyalty sector, and secured key contracts with major clients in 2024. These developments strengthen Stran’s market presence and are expected to contribute to its long-term growth.

More about Stran & Company

Stran & Company is a leader in the promotional products industry, providing outsourced marketing solutions and specializing in complex marketing programs. The company manages promotional programs for Fortune 500 companies across various industries, helping to build brands and loyalty through promotional products, branded merchandise, and loyalty incentive programs.

YTD Price Performance: -5.56%

Average Trading Volume: 42,121

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $15.82M

For an in-depth examination of SWAG stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App