Reports Q1 revenue $103.6M, consensus $102.06M.”We delivered another strong quarter, with sales volume up 10.9% and net sales up 8.4% and we believe we are well-positioned to navigate the supply chain challenges and the uncertain trade environment,” said Alan Yu, CEO. “Our effective and nimble global strategic sourcing capabilities enabled us to act early, reducing reliance on China from approximately 20% at the end of 2024 to 15% in March 2025, as we secured inventory from alternative sources with significantly more favorable trade terms under the current tariff structure. Moreover, due to the recently imposed extreme tariff, we have temporarily suspended imports from most vendors in China starting mid-April.”
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