Revenue Growth
FGI reported total revenue of $31 million in the quarter, representing a year-over-year increase of 5.5%.
Geographic Revenue Expansion
Revenue grew by 2% in Canada and 36.7% in Europe, showcasing strong international growth.
Sanitaryware and Bath Furniture Growth
Sanitaryware revenue increased by 4.3% and Bath furniture revenue increased by 2.7% year-over-year.
Covered Bridge Revenue Surge
Other revenue, primarily Covered Bridge, increased 67.7% in the quarter.
Strategic Initiatives and Geographic Expansion
FGI's strategic growth initiatives, including geographic expansion in Europe and India, are expected to drive above-market organic growth.