Caesarstone Cuts Losses in 2Q 2024
Lower sales, higher shipping rates and looming legal health-related cases still provide plenty of challenges for the Israel-based surfaces company.
Tagged: Caesarstone
Caesarstone: Cash-Strong, Revenue-Soft
Positive cash flow in 1Q 2024 offset by lower demand for surfaces.
Caesarstone: Positioning for 2024
Israeli surfaces company bolsters strong cash flow, sees savings with more outsourced production.
Caesarstone’s Williams New NKBA | KBIS Chair
Industry group’s board also includes CEO of Cosentino Americas
Caesarstone Posts Another Quarterly Loss
Net loss of $887,000 in this year’s 3Q attributed to higher inflation and interest rates, and slowdown in U.S. residential market.
Caesarstone Posts $46.9M Operating Loss in 2Q ‘23
Surfacing producer maintains strong cash flow, but endures softer U.S. market and large one-time charge-offs.
Caesarstone: Major Changes Ahead
Plant closure, inventory reduction part of “comprehensive restructuring” after $3.8 million net loss in first quarter 2023.
Shiran Comes Back as Caesarstone CEO
Company leader from 2006-2016 returns, replacing Yuval Dagim.
Cosentino Named to NKBA Board
Now one of two surfacing execs directing industry group, joining Ken Williams of Caesarstone.
Caesarstone Donates Countertops to Schools
Georgia elementary, high schools near U.S. manufacturing facility get surfaces with retail value of $800K.
