The call described a material negative event — the abrupt loss of long-time customer iGPS — that led to meaningful revenue disruption and the immediate layoff of ~140 employees, creating near-term uncertainty and unutilized equipment-related debt. Offsetting these negatives were several concrete mitigants and growth opportunities: an 8-month, 18M-pound resin processing contract starting immediately; promising Walmart trials and cellular track-and-trace technology with multi-year battery life; lender concessions to interest-only payments for 2026; a sizable installed equipment base (~$60M) and ~$10M of new capacity; and a visible sales pipeline (Toyota, Berry, Southwire) and product diversification. Management is optimistic about recovery within several quarters but acknowledges short-term financial and operational headwinds.

Company Guidance

Management gave near‑term, metric‑driven guidance: an 8‑month contract beginning next week to grind/granulate ~18 million pounds of plastic will start generating revenue shortly; they laid off ~140 people in late November (current headcount now in the 80s, down from a peak near 250); the CEO holds 8,884,354 shares; the company has ~$10M of brand‑new equipment (part of roughly $60M of total equipment investment) largely unleveraged; bank loan payments of about $250K/month have been converted to interest‑only for calendar 2026 and the revolver extension is expected to be renewed; management expects to add meaningful revenue over a couple quarters and be “back on track” within ~6 months, is testing cellular track‑and‑trace pallets (battery life ~7 years) with Walmart (a ~5M sq ft import facility where Greystone delivered roughly $30M of revenue over the last 5–6 years), and plans to replace iGPS volume (they historically recycled ~300–400K pallets/year for iGPS, with industry displacement cited as ~800K pallets/year) by expanding closed‑loop leasing and recycling programs.

Short-term contract secured for resin processing

Signed an 8-month contract to grind/granulate ~18 million pounds of plastic starting next week; will begin contributing revenue immediately after start.

Walmart traction and successful cellular-tracking trials

Walmart pallet design manufactured and delivered in December; successful testing at Mira Loma/Chicago import facilities; company cited ~ $30 million in revenue from Walmart over the past 5–6 years. Cellular track-and-trace tech (battery life ~7 years) being piloted, enabling location and temperature monitoring and opening closed-loop opportunities.

Bank support and near-term cashflow relief

Lender (IBC) agreed to interest-only payments for calendar 2026, providing significant cashflow relief (previous principal+interest payments were about $250,000/month); management expects revolver renewal to be completed.

Installed capacity and equipment investments

Company has substantial manufacturing capacity: ~ $60 million of equipment in place, including ~$10 million of recently installed equipment (largely unused), positioning Greystone to scale production as demand returns.

Pipeline of new customers and product diversification

Sales pipeline includes purchase orders / opportunities with Toyota (extruded pallets), discussions with Berry Plastics and Southwire, distributors committed to support, and expansion into non-pallet plastic products and outsourcing work — management expects to leverage excess capacity.

Management commitment and operational strengths

CEO Warren Kruger owns 8,884,354 shares and emphasized commitment to the business; management describes a lean organization with experienced operations and strong plant leadership, and expects to be back on track within ~6 months.

Greystone Logistics (GLGI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GLGI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 20, 2026	2026 (Q3)	- / -	0.03	―	―	―
Jan 15, 2026	2026 (Q2)	- / -0.08	-0.012	-533.33% (-0.06)	―	―
Oct 21, 2025	2026 (Q1)	- / -	0.006	―	―	―
Sep 02, 2025	2025 (Q4)	- / -0.04	0.006	-766.67% (-0.05)	―	―
Apr 14, 2025	2025 (Q3)	- / 0.03	0.005	500.00% (+0.02)	―	―
Jan 21, 2025	2025 (Q2)	- / -0.01	0.028	-142.86% (-0.04)	―	―
Oct 15, 2024	2025 (Q1)	- / -	―	―	―	―
Sep 13, 2024	2024 (Q4)	- / <0.01	0.05	-88.00% (-0.04)	―	―
Apr 17, 2024	2024 (Q3)	- / <0.01	0.111	-95.50% (-0.11)	―	―
Jan 17, 2024	2024 (Q2)	- / 0.03	-0.011	354.55% (+0.04)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GLGI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 15, 2026	$0.59	$0.50	-15.11%
Oct 21, 2025	$0.99	$1.00	+1.01%
Sep 02, 2025	$1.30	$1.15	-11.54%
Apr 14, 2025	$1.04	$1.01	-2.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Greystone Logistics Inc (GLGI) report earnings?

Greystone Logistics Inc (GLGI) is schdueled to report earning on Apr 20, 2026, Before Open (Confirmed).

What is Greystone Logistics Inc (GLGI) earnings time?

Greystone Logistics Inc (GLGI) earnings time is at Apr 20, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GLGI EPS forecast?

Currently, no data Available