Caesarstone

Caesarstone Ltd. operates as a multi material designer, producer and reseller of countertops used in residential and commercial buildings globally. It designs, develops, produces and source engineered quartz, natural stone and porcelain products that offer aesthetic appeal and functionality through a distinct variety of colors, styles, textures, and finishes used primarily as countertops, vanities, and other interior and exterior spaces. The company was founded in 1987 and is headquartered in Haifa, Israel.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Caesarstone reports record 2022 revenue, plans cost optimization for 2023

Caesarstone's 2022 performance was mixed, with record full-year revenue but Q4 challenges. The company is taking proactive steps in 2023 to address market conditions, introduce new products, and enhance safety measures. Opportunities lie in optimizing costs, marketing investments, and margin improvement strategies.

Caesarstone reports Q1 restructuring gains amidst revenue decline

Caesarstone's Q1 2023 performance reflects challenges from economic headwinds but also highlights progress in restructuring efforts to enhance profitability.
The company's focus on cost-saving measures and operational optimization, including facility closures and workforce reductions, aims to drive improved financial performance.
Despite facing challenges, Caesarstone's strategic initiatives and CEO's optimism signal a resilient approach to navigating obstacles and pursuing growth opportunities.

Caesarstone reports Q2 revenue decline but anticipates profitability rebound

Caesarstone faced revenue decline and margin challenges in Q2 2023 but improved cash flow from operations.
The company's focus on restructuring and cost reduction presents opportunities for future profitability.
Anticipated improvements in cash flow, EBITDA, and margins in the second half of 2023.
Investments in R&D and marketing aim to drive revenue growth, particularly in the U.S. market.

Caesarstone reports solid Q3 performance amidst market challenges

Caesarstone's Q3 performance showed strong cash flow and margin improvements, with a focus on global restructuring and production optimization. While facing market challenges, the company is strategically transitioning production, increasing marketing spend, and maintaining a healthy balance sheet to capitalize on growth opportunities.

Caesarstone reports Q4 revenue decline, eyes positive EBITDA in 2024

Caesarstone's Q4 2023 performance saw revenue decline, but the company maintained a healthy cash position and aims for positive adjusted EBITDA in 2024.
Strengths lie in proactive measures, improved cash flow, and commitment to financial discipline, while challenges include revenue declines and market regulatory impacts.
Opportunities for Caesarstone include financial recovery in 2024, sequential revenue growth, market expansion, and operational efficiency enhancements.
Overall, Caesarstone's strategic focus on profitability, cash flow, and market responsiveness positions the company for sustainable growth and financial stability in 2024.

Caesarstone reports Q1 revenue decline but anticipates positive 2024 EBITDA

Caesarstone's Q1 2024 performance saw a revenue decline but improved gross margins, with a focus on cost-saving measures and strategic initiatives driving positive EBITDA and cash flow expectations for the year. Challenges lie in revenue decline and unspecified outlook, while opportunities exist in leveraging historical trends and expanding porcelain product offerings in the U.S.

Caesarstone reports improved margins and liquidity despite revenue decline

Caesarstone's Q2 2024 performance reflects revenue decline but notable improvements in gross margin and operating expenses. The company's strategic initiatives are driving positive impacts, and it maintains a strong liquidity position. Challenges from lower volumes and increased costs are being addressed with a focus on operational efficiency.

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MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that Yuval Dagim, CEO, and Ophir Yakovian, CFO, will attend the 2021 UBS Global Industrials & Transportation Virtual Conference on Tuesday, June 8, 2021. About Caesarstone Caesarstone is a concept and lifestyle-driven company with a customer-centered approach to designing, developing, and producing high-end engineered stone counterto

Caesarstone to Attend 2021 UBS Global Industrials & Transportation Virtual Conference

Caesarstone Ltd. (CSTE) CEO Yuval Dagim on Q1 2021 Results - Earnings Call Transcript

The stock price of Caesarstone Ltd (NASDAQ: CSTE) increased from $14.42 to a day high of $19.80 (up 37.31%) during intraday trading. This is why it happened.

CSTE Stock: From $14.42 To $19.80 (37.31% Increase) Intraday Explanation

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its first quarter ended March 31, 2021. “We are extremely pleased to produce another consecutive quarter of growth as we continue to successfully execute our strategy to transform Caesarstone into a leading premium, multi-material countertop company,” commented Yuval Dagim, Caesarstone's Chief Executive Officer. “Our

Caesarstone Reports First Quarter 2021 Financial Results

The company has a strong balance sheet, but has lagged behind a hot market. It is showing signs of waking up

Caesarstone Is a Sleeper Stock in a Hot Housing Market

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the first quarter ended March 31, 2021 on Wednesday, May 5, 2021 before the market opens. The Company will host a webcast and conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question and answer session for the investment community. The live webcast can be

Caesarstone Announces Date for First Quarter 2021 Results

Caesarstone Ltd (CSTE) CEO Yuval Dagim on Q4 2020 Results - Earnings Call Transcript

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its fourth quarter and full year ended December 31, 2020. “We made significant progress streamlining the business in 2020 as we successfully executed on our business transformation during a year marked by unprecedented global economic challenges,” commented Yuval Dagim, Chief Executive Officer. “We now enter 2021 as

Caesarstone Reports Fourth Quarter and Full Year 2020 Financial Results

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MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2020 on Wednesday, February 24, 2021 before the market opens. The Company will host a webcast and conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question and answer session for the investment community.

Caesarstone Announces Date for Fourth Quarter and Full Year 2020 Results

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced it has acquired Omicron Granite and Tile (“Omicron”), a premier stone supplier operating 17 locations across Florida, Ohio, Louisiana, Michigan and Alabama. Omicron enhances Caesarstone's existing network with strategically located distribution centers throughout advantageous U.S. markets. Yuval Dagim, Chief Executive Officer commented,

Caesarstone Acquires Omicron

CSTE guided for modest sequential improvements in sales revenue along with targeting long-term gross margins of 32-35%. FCF margins hang at 6% today, but can show material improvement.

Caesarstone: Gradual Recovery Valued At 8x FCF

Caesarstone Ltd. (CSTE) CEO Yuval Dagim on Q3 2020 Results - Earnings Call Transcript

Caesarstone Ltd.'s (CSTE) CEO Yuval Dagim On Q3 2020 Results - Quick Version Earnings Call Transcript

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its third quarter ended September 30, 2020. “I am encouraged by the ongoing disciplined execution of our Global Growth Acceleration Plan to improve our business over the long-term,” commented Yuval Dagim, Chief Executive Officer. “The benefits of our team's collective efforts are emerging, with visible progress in ou

Caesarstone Reports Third Quarter 2020 Financial Results

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its earnings results for the third quarter ended September 30, 2020 on Wednesday, November 4, 2020 before the market opens. The Company will host a webcast and conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question and answer session for the investment community. The live webca

Caesarstone Announces Date for Third Quarter 2020 Results

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced it has closed on its previously-announced majority stake acquisition of Lioli Ceramica Pvt. Ltd (“Lioli”), an India-based producer of cutting-edge porcelain countertop slabs, operating innovative and technologically advanced manufacturing facilities in Asia. Yuval Dagim, Chief Executive Officer commented, “We are extremely pleased to ann

Caesarstone Completes Majority Stake Acquisition of Lioli Ceramica

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that Yuval Dagim, CEO, and Ophir Yakovian, CFO, will attend the following virtual investor conferences: Zelman 2020 Virtual Housing Summit, September 22, 2020 D.A.

Caesarstone to Attend Upcoming Investor Conferences

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that Yuval Dagim, CEO, and Ophir Yakovian, CFO, will attend the Colliers 2020 Virtual Institutional Investor Conference on Thursday, September 10, 2020.

Caesarstone to Attend Colliers 2020 Virtual Institutional Investor Conference

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it has entered into a definitive agreement to acquire a majority stake in Lioli Ceramica Pvt.

Caesarstone Enters Global Porcelain Countertop Market Through Majority Stake Acquisition of Lioli Ceramica

Caesarstone Ltd. (CSTE) CEO Yuval Dagim on Q2 2020 Results - Earnings Call Transcript

Shares of Caesarstone (NASDAQ:CSTE) fell 1.3% in pre-market trading after the company reported Q2 results.

Caesarstone: Q2 Earnings Insights

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ:CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its second quarter ended June 30, 2020.

Caesarstone Reports Second Quarter 2020 Financial Results

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered quartz surfaces, today announced that Yuval Dagim, CEO, and Ophir Yakovian, CFO, will address attendees at the Jefferies Virtual Industrials Conference on Thursday, August 6, 2020 at 9:45 a.m.

Caesarstone to Address Attendees at the Jefferies Virtual Industrials Conference

MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high quality engineered quartz surfaces, today announced that it will release its earnings results for the second quarter ended June 30, 2020 on Wednesday, August 5, 2020 before the market opens.

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