Welcome to our dedicated page for Caesarstone Ltd. news (Ticker: CSTE), a resource for investors and traders seeking the latest updates and insights on Caesarstone Ltd. stock.
Caesarstone Ltd. (CSTE) is a leading manufacturer of high-quality engineered quartz surfaces, widely utilized in both residential and commercial buildings. The company's products are extensively used as countertops, vanities, wall cladding, floors, and a variety of other interior applications. Renowned for their durability, non-porous nature, and resistance to scratches and stains, Caesarstone surfaces stand out as a preferred choice among homeowners and businesses alike, offering a competitive edge over granite, manufactured solid surfaces, and laminates.
Caesarstone's impressive product portfolio is categorized into four notable collections: Classico, Motivo, Concetto, and Supernatural. These collections, available in a myriad of colors, styles, designs, and textures, cater to diverse aesthetic preferences and functional requirements. The brand’s engineered quartz surfaces are currently available in over 50 countries, underscoring its global presence.
The company operates across several geographic segments, including the United States, Canada, Latin America, Australia, Asia, Israel, and EMEA (Europe, Middle East, Africa). This extensive reach ensures that Caesarstone remains at the forefront of innovation and market demand in various regions.
In addition to quartz surfaces, Caesarstone has expanded its product lineup to include porcelain slabs, further diversifying its offerings for kitchen countertops, vanity tops, wall panels, backsplashes, floor tiles, stairs, and other interior surfaces. These versatile products are tailored for both renovation and remodeling projects as well as new residential constructions.
Caesarstone's commitment to quality and innovation continues to drive its growth and reputation in the industry. Recent achievements and ongoing projects highlight the company's dedication to meeting evolving customer needs while maintaining the integrity and excellence of its brand.
Caesarstone Ltd. (NASDAQ: CSTE) will release its third quarter earnings results for the period ending September 30, 2022, on November 9, 2022. A conference call is scheduled for the same day at 8:30 a.m. ET, where the results will be discussed, followed by a Q&A session. Investors can access the live webcast via the company’s Investor Relations website. The earnings conference call will also be available for replay shortly after it concludes. Caesarstone specializes in high-quality engineered surfaces, including countertops, and has a global presence in over 50 countries.
Caesarstone Ltd. (NASDAQ: CSTE) will participate in the Zelman 2022 Virtual Housing Summit on September 21, 2022, featuring CEO Yuval Dagim and CFO Nahum Trost. Established in 1987, Caesarstone is a leading manufacturer of premium engineered surfaces, specializing in versatile countertops. The company boasts a diverse portfolio of over 100 colors and innovative technology, serving over 50 countries. Caesarstone remains committed to sustainability, high-quality production, and expanding its market presence, while navigating challenges such as global supply chain constraints.
Caesarstone Ltd. (NASDAQ: CSTE) has announced that CEO Yuval Dagim will attend the Jefferies Industrials Conference in New York, NY on August 9, 2022. Caesarstone, established in 1987, is renowned for its high-quality engineered surfaces, including quartz and natural stone countertops. The company operates in over 50 countries and focuses on innovative, sustainable designs for various applications. Its multi-material portfolio features over 100 colors, enhancing kitchens, bathrooms, and outdoor spaces.
Caesarstone Ltd. (CSTE) reported a record second-quarter revenue of $180.3 million, marking a 10.3% increase year-over-year. On a constant currency basis, revenue grew 13.7%. Net income attributable to controlling interest jumped to $11.1 million, or $0.32 per share. Adjusted EBITDA was $17.1 million, reflecting a 9.5% margin. The company also declared a quarterly dividend of $0.25 per share. For 2022, Caesarstone maintains its revenue outlook of $710 to $725 million, projecting approximately 11% growth driven by improved pricing and volume.
Caesarstone Ltd. (NASDAQ: CSTE) has announced it will release its earnings results for the second quarter ended June 30, 2022, on August 3, 2022, before market opening. A webcast and conference call will follow at 8:30 a.m. ET for discussion and Q&A with investors. The live webcast is accessible via their Investor Relations website. A telephonic replay will be available from 11:30 a.m. ET on the same day until August 10, 2022. The company specializes in high-quality engineered surfaces used in residential and commercial applications.
Caesarstone Ltd. (NASDAQ: CSTE) reported a record revenue of $170.4 million for Q1 2022, a 16.7% increase year-over-year, with an 18.5% rise on a constant currency basis. Net income attributable to controlling interest was $6.2 million ($0.18 per share), a decline from $14.2 million in Q1 2021. Adjusted EBITDA fell to $15.7 million, reflecting increased operating expenses and costs. The company's outlook for 2022 revenue remains optimistic, expecting between $710 million and $725 million. No dividend will be paid for Q1 2022 due to net income performance.
Caesarstone Ltd. (NASDAQ: CSTE) announced the release of its first quarter 2022 earnings results on May 11, 2022, before market hours. A conference call will follow at 8:30 a.m. ET to discuss these results, accessible via their Investor Relations website. The conference will also offer a Q&A session for investors. A telephonic replay of the conference call will be available after the event. Caesarstone specializes in high-quality engineered stone surfaces and has a strong presence across more than 50 countries, known for its diverse product lines.
Caesarstone Ltd. (CSTE) announced fourth quarter 2021 revenue of $171.1 million, a 25.0% increase year-over-year, while full year revenue reached a record $643.9 million, up 32.4%. Despite the growth, the company reported a net loss of $2.9 million for the fourth quarter, resulting in a $0.11 loss per share. The full year net income was $19.0 million, with a diluted EPS of $0.51. For 2022, Caesarstone expects revenue between $710 million and $725 million, signaling approximately 11% growth.
Caesarstone Ltd. (NASDAQ: CSTE) will release its fourth-quarter and full-year earnings results for 2021 on February 9, 2022, before market opens. A webcast and conference call are scheduled for 8:30 a.m. ET the same day, providing insights into the financial results and a Q&A session for investors. The earnings report will address performance metrics and business developments, including the impact of the COVID-19 pandemic and market conditions.
Caesarstone Ltd. (NASDAQ: CSTE), a prominent manufacturer of high-quality engineered surfaces, has announced that CEO Yuval Dagim and CFO Nahum Trost will participate in the Credit Suisse 9th Annual Industrials Conference on December 1, 2021. Caesarstone specializes in producing stylish engineered stone countertops, catering to both residential and commercial markets worldwide. The company emphasizes sustainability and customer satisfaction, with a wide variety of products available in over 50 countries. Additional details can be found on their official website.
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