Stran & Company Postpones 2024 First Quarter Earnings Conference Call
Stran & Company (NASDAQ: SWAG), a leading outsourced marketing solutions provider, has postponed its 2024 first quarter earnings conference call. This postponement is due to the recent dismissal of its former independent registered public accounting firm. The company is currently in the process of selecting a new auditor and will announce a new date and time for the conference call as soon as possible. The call will report preliminary unaudited financial results for the first quarter of 2024.
- Stran & Company is actively addressing the issue by selecting a new auditor and plans to announce the new conference call date soon.
- The planned conference call will provide preliminary unaudited financial results for Q1 2024, offering transparency to investors.
- Dismissal of the former independent registered public accounting firm may indicate underlying issues with financial reporting.
- Postponement of the earnings call could cause uncertainty among investors, potentially impacting stock price negatively.
- The lack of immediate information may lead to speculation and volatility in SWAG's stock.
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.
About Stran
For over 28 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen promotional programs manager of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing and fulfillment functions. The Company’s mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. Additional information about the Company is available at: www.stran.com.
Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Contacts:
Investor Relations Contact:
Crescendo Communications, LLC
Tel: (212) 671-1021
SWAG@crescendo-ir.com
Press Contact:
Howie Turkenkopf
press@stran.com
FAQ
Why did Stran & Company postpone its 2024 first quarter earnings conference call?
When will Stran & Company announce the new date for its 2024 Q1 earnings conference call?
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