Cadre Holdings Inc. Reports 9% Increase in Quarterly Net Sales, 10% Rise in Gross Profit Year-Over-Year

Reuters
Aug 06
Cadre Holdings Inc. Reports 9% Increase in Quarterly Net Sales, 10% Rise in Gross Profit Year-Over-Year

Cadre Holdings Inc. $(CDRE)$, a global leader in the manufacturing and distribution of safety equipment, reported its consolidated operating results for the second quarter of 2025. The company achieved net sales of $157.1 million, marking a 9% increase from the $144.3 million recorded in the same quarter of 2024. This growth in sales was primarily driven by recent acquisitions. The gross profit margin for the second quarter was 40.9%, reflecting a year-over-year increase from the previous quarter's margin. For the six months ended June 30, 2025, Cadre reported net sales of $287.2 million and a gross profit margin of 41.9%. Adjusted EBITDA for the quarter was $27.0 million, slightly down from $28.3 million in the corresponding period of the previous year, with an adjusted EBITDA margin of 17.2%, compared to 19.6% in 2024. Looking ahead, Cadre forecasts net sales for the full year 2025 to be between $624 million and $630 million, with Adjusted EBITDA expected to range from $112 million to $116 million. Capital expenditures are anticipated to be between $7 million and $8 million. The company has highlighted its strong position to leverage growth opportunities, supported by a cash balance of $137 million and an undrawn revolver capacity of $175 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cadre Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250805572960) on August 05, 2025, and is solely responsible for the information contained therein.

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