Stran & Company Inc

Stran & Co., Inc. engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.

Earnings data Q4 2022

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Completed acquisition of strategic assets of Gander Group™ Revenue expected to grow approximately 7.8% compared to the first nine months of 2023 Quincy, MA, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today reported preliminary selected unaudited results for the nine months ended September 30, 2024. “During the quarter, we continued to execute on our growth strategy, including securing significant contracts with leading customers as well as acquiring strategic assets that complement and improve our operations,” commented Andy Shape, President and CEO of Stran.

Stran & Company Reports Preliminary Selected Unaudited Results for the Nine Months Ended September 30, 2024

Quincy, MA, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that on December 17, 2024, it received a letter from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), issuing a Staff delisting determination (the “Staff Determination”). The Staff Determination noted that the Staff had notified the Company on June 21, 2024, August 23, 2024 and November 21, 2024 that the Company did not comply with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”) because the Company had not filed its Quarterly Reports on Form 10-Q for the periods ended March 31, 2024, June 30, 2024, and September 30, 2024 (the “Forms 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Staff Determination noted that, based on the Staff's review and the materials submitted on August 20, 2024, the Staff granted the Company an exception until December 16, 2024 to regain compliance with the Filing Rule. The Staff Determination stated that the Company had not met the terms of the exception. Specifically, the Company has not filed the Forms 10-Q as required by the Filing Rule. The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company's common stock.

Stran & Company Announces Receipt of Nasdaq Staff Delisting Determination

Quincy, MA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has received a written notification (the “Notification Letter”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the "Form 10-Q") in a timely fashion. The Notification Letter advised the Company that it was not in compliance with Nasdaq's continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1).

Stran & Company Receives Additional Notification of Deficiency From Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Customers include a national residential housing developer, a molecular diagnostics company, and a public transportation services provider Customers include a national residential housing developer, a molecular diagnostics company, and a public transportation services provider

Stran & Company Secures Six-Figure Agreements with Leading Customers Across Key Sectors

Quincy, MA, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has received a written notification (the “Notification Letter”) from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the "Form 10-Q") in a timely fashion. The Notification Letter advised the Company that it was not in compliance with Nasdaq's continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1).

Stran & Company Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Quincy, MA, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the acquisition of assets and assumption of certain liabilities of Bangarang Enterprises, LLC, doing business as Gander Group, through a secured party sale initiated by the holder of Gander Group's senior financing facility. Since its founding in 2009, Gander Group has been a recognized leader in casino continuity and loyalty programs, generating over $34 million in revenue in 2023.

Stran Announces Acquisition of Strategic Assets of Gander Group™, Strengthening Foothold in the Gaming and Entertainment Industries

Revenue expected to grow approximately 10% compared to the first six months of 2023 Gross margin expected to increase to 31.7% for the first six months of 2024 vs. 29.4% for the first six months of 2023 Cash, cash equivalents and investments expected to increase to $21.5 million as of June 30, 2024, compared to $18.5 million at December 31, 2023 Quincy, MA, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today reported preliminary selected unaudited results for the six months ended June 30, 2024.

Stran & Company Reports Preliminary Selected Unaudited Results for the Six Months Ended June 30, 2024

Year-over-year revenue expected to grow 17% compared to first quarter of 2023 Gross margin expected to increase by over 100 basis points versus first quarter of 2023 Cash, cash equivalents and investments expected to increase to $20.2 million as of March 31, 2024, compared to $18.5 million at December 31, 2023 Quincy, MA, June 28, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today reported preliminary selected unaudited results for the first quarter of 2024. “We are pleased to report we project strong growth for the first quarter of 2024,” commented Andy Shape, President and CEO of Stran.

Stran & Company Reports Preliminary Selected Unaudited Results for the First Quarter of 2024

Quincy, MA, June 24, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it received a written notification, dated June 21, 2024 (the “Notification Letter”), from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is not in compliance with the periodic financial report filing requirement set forth in Nasdaq Listing Rule 5250(c)(1) for continued listing on The Nasdaq Capital Market tier of Nasdaq since the Company has not yet filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 (the “Form 10-Q”).

Stran & Company Receives Nasdaq Notice Related to Late Filing of its Form 10-Q

Quincy, MA, June 10, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has recently secured multiple expanded contracts with industry-leading, enterprise-level customers. These customers span multiple sectors and geographies, demonstrating Stran's position as a leader in the promotional products industry, as well as validating Stran's ability to address the complex marketing needs of its diversified customers.

Stran & Company Expands Multiple Contracts with Industry-Leading Customers

Customers include a large watercrafts manufacturer and a national pet supply retailer, demonstrating Stran's ability to meet the needs of diverse customers Customers include a large watercrafts manufacturer and a national pet supply retailer, demonstrating Stran's ability to meet the needs of diverse customers

Stran & Company Secures Multiple Six-Figure, Multi-Year Agreements with Large National and Global Organizations

QUINCY, MA / ACCESSWIRE / May 30, 2024 / Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ:SWAG)(NASDAQ:SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it will be participating in the Spring MicroCap Rodeo Conference being held Thursday, June 6, 2024, in New York City. Andy Shape, Chief Executive Officer of Stran, is scheduled to present at 10:30 a.m.

Stran & Company CEO to Present at the Spring MicroCap Rodeo Conference on June 6th

Quincy, MA, May 13, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, reports that it has postponed its 2024 first quarter investor conference call due to the recent required dismissal of the Company's former independent registered public accounting firm. The Company is selecting its new auditor and plans to announce a new date and time for the conference call to report its preliminary unaudited financial results for the first quarter of 2024 as soon as practicable.

Stran & Company Postpones 2024 First Quarter Earnings Conference Call

Quincy, MA, May 02, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Wednesday, May 15, 2024, to discuss the Company's financial results for the first quarter of 2024 ended March 31, 2024, as well as the Company's corporate progress and other developments.

Stran & Company Schedules First Quarter 2024 Financial Results and Business Update Conference Call

Stran & Company, Inc. (SWAG) Q4 2023 Earnings Call Transcript

Benefitting from Increased Operating Efficiency and Economies of Scale, Evidenced by 156% Year-Over-Year Increase in Operating Income for the Fourth Quarter of 2023

Stran & Company Reports 28.7% Increase in Sales and Achieves Profitability for the 2023 Fiscal Year

Quincy, MA, March 19, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Thursday, March 28, 2024, to discuss the Company's financial results for the 2023 fiscal year ended December 31, 2023, as well as the Company's corporate progress and other developments.

Stran & Company Schedules Fiscal 2023 Year Financial Results and Business Update Conference Call

Quincy, MA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured a multi-year agreement with a global professional services firm renowned for its expertise in audit, tax, and advisory services, with a widespread presence across industries and continents. Recognized for its commitment to delivering high-quality solutions and insights across hundreds of worldwide offices with hundreds of thousands of employees, the customer serves as a trusted advisor to offer innovative strategies and guidance to navigate complex business challenges to its clients.

Stran & Company Secures Multi-Year Agreement with One of the World's Leading Global Professional Services Firms

Quincy, MA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, announces that it has appointed Ian Thomas Wall as its Chief Information Officer.

Stran & Company Appoints Ian Thomas Wall as Chief Information Officer

Quincy, MA, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, announces that it has expanded its sales leadership with the addition of Nick Kiefer as Executive Vice President of Sales and Michele Pytlinski as Senior Vice President of Client Strategy.

Stran & Company Expands Executive Sales Team with the Addition of Two Industry Veterans

Quincy, MA, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that Andy Shape, President and Chief Executive Officer of Stran, will be presenting at the Investor Summit being held virtually on December 7, 2023.

Stran & Company to Present at the Investor Summit on December 7th

Stran & Company, Inc. (NASDAQ:SWAG ) Q3 2023 Results Conference Call November 6, 2023 10:00 AM ET Company Participants Alexandra Schilt - VP, Crescendo Communications Andy Shape - CEO David Browner - CFO Conference Call Participants Operator Greetings, and welcome to the Stran & Company Third Quarter 2023 Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

Stran & Company, Inc. (SWAG) Q3 2023 Earnings Call Transcript

Quincy, MA, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that Andy Shape, President and Chief Executive Officer of Stran, will be presenting at the Sidoti Investor Conference being held virtually on November 15-16, 2023.

Stran & Company to Present at the Sidoti Virtual Investor Conference on November 16th

QUINCY, Mass., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today provided a business update and reported financial results for the three months ended September 30, 2023.

Stran & Company Announces 42% Increase in Revenue and Reports Profitable Net Earnings for the Third Quarter of 2023

Quincy, MA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Monday, November 6, 2023, to discuss the Company's financial results for the third quarter of 2023 ended September 30, 2023, as well as the Company's corporate progress and other developments.

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