Record-Breaking Revenue
Q3 was a record quarter for XPEL with revenue growing 11.1% to $125.4 million, led by the U.S. region which also grew 11.1%.
EU Region Performance
The EU region had a strong quarter with revenue growing 28.8% to $16.5 million, marking a record for the region.
Window Film Product Line Growth
Total window film product line grew 22.2% in the quarter, continuing to be a significant growth driver.
Integration of Chinese Distributor
Completed the acquisition of the Chinese distributor, expected to add $5 million in annual SG&A but also $10 million in operating income on a run-rate basis.