Margo Caribe Stock Price, News & Analysis
MRGO
OTC
Company Description
Margo Caribe, Inc., known for its subsidiary Margo Outdoor Living, Inc., is a market leader in the home and garden segment. With net sales of $9.8 million for the quarter ended September 30, 2023, the company continues to innovate and expand its product offering. President and CEO Michael Spector is optimistic about the future, citing strategic initiatives to boost growth and margins.
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Performance 1 year
$37.4M
Market Cap
4.8M
Shares outstanding
Latest News
SEC Filings
No SEC filings available for Margo Caribe.
Financial Highlights
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Frequently Asked Questions
What is the current stock price of Margo Caribe (MRGO)?
The current stock price of Margo Caribe (MRGO) is $7.75 as of March 21, 2025.
What is the market cap of Margo Caribe (MRGO)?
The market cap of Margo Caribe (MRGO) is approximately 37.4M.
What does Margo Caribe, Inc. specialize in?
Margo Caribe, Inc. is a market leader in the home and garden segment, focusing on products in the lawn and garden industry.
Who is the president and CEO of Margo Caribe, Inc.?
Michael Spector serves as the president and CEO of Margo Caribe, Inc.
What were the net sales for the quarter ended September 30, 2023?
The company reported net sales of $9.8 million for the quarter ended September 30, 2023.
What are some strategic initiatives mentioned by Michael Spector?
Michael Spector mentioned strategic initiatives to diversify the product offering and expand the international supplier network.
What is Margo Outdoor Living, Inc.?
Margo Outdoor Living, Inc. is a subsidiary of Margo Caribe, Inc. that offers a wide range of products in the lawn and garden segment.
When did Margo Outdoor Living, Inc. convert to a Delaware corporation?
Effective December 22, 2020, Margo Outdoor Living, Inc. converted from a Florida corporation to a Delaware corporation.
What were the unaudited results for the three-month period ended September 30, 2023?
The unaudited results included net sales of $9.8 million and net income of approximately $895 thousand.
How did the operating income improve in the third quarter?
The operating income improved through higher product margins and reducing operating expenses in the third quarter.
What products does Margo Caribe, Inc. offer?
Margo Caribe, Inc. offers products such as landscaping pebbles, mulch, glass, pottery, and tile products.
Who are the primary customers of Margo Caribe, Inc.?
The company primarily sells its products to big-box retailers but also engages in direct-to-consumer sales through the eCommerce channel.