Overview
Caesarstone Q2 2025 revenue falls 15.6% yr/yr due to lower volumes
Gross margin declines to 19.6% from 22.9% in prior year qtr
Co approves cost reduction measures for $10 mln annual savings
Outlook
Caesarstone expects $10 mln annualized savings from cost reductions in H2 2025
Company focuses on strategic transformation to navigate global market challenges
Caesarstone aims to improve scalability amid current economic headwinds
Result Drivers
LOWER VOLUMES - Revenue decline attributed to global economic headwinds and increased competition
PRODUCTION FOOTPRINT - Improved production footprint partially offset lower fixed cost absorption and unfavorable product mix
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $101.12 mln |
|
Q2 Net Income |
| -$18.75 mln |
|
Q2 Gross Profit |
| $19.87 mln |
|
Q2 Operating Income |
| -$12.62 mln |
|
Q2 Pretax Profit |
| -$18.34 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy"
Wall Street's median 12-month price target for Caesarstone Ltd is $4.00, about 55.8% above its August 5 closing price of $1.77
Press Release: ID:nBw9vF5Sda