Stran & Company sales rise 29% to $26 million in third quarter
Reuters
Nov 13, 2025
Stran & Company sales rise 29% to $26 million in third quarter
Stran & Company Inc. reported sales of $26.0 million for the third quarter of 2025, a 29.0% increase compared to the prior year period. For the nine months ended September 30, 2025, sales rose 56.7% to $87.3 million. The Stran segment recorded revenue of $60.3 million for the nine-month period, up from $52.2 million last year, while Stran Loyalty Solutions revenue increased to $26.9 million from $3.5 million, reflecting the impact of the Gander Group acquisition in August 2024. Gross profit for the third quarter grew 18.8% to $7.1 million. Net loss for the third quarter was $1.2 million, compared to $2.0 million in the prior year, and EBITDA was negative $1.1 million, compared to negative $1.9 million in the prior year period. The company cited increased spending from new and existing customers and contributions from acquisitions as main business developments.
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