{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-083655","form_type":"8-K","ticker":"SWAG","cik":"0001872525","company_name":"Stran & Company, Inc.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.225179+00:00","generated_at":"2026-06-08T21:30:36.160642+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stran Q3 revenue $19.3M (+42% YoY), net earnings of $684K vs loss of $700K","bullets":["Revenue $19.3M (+42% YoY); organic revenue up 30% to $15.4M; acquisitions contributed $3.9M (20.4% of sales).","Gross profit $6.4M (33% margin) vs $4.2M (31% margin) a year ago; net earnings $684K vs net loss of $700K.","Stock repurchase program: $3.4M total repurchased as of Sep 30; cash and liquid investments $19.7M.","New 3-year contract with leading medical group; loyalty redemption program generated $2M in sales from 22,000 orders in first week.","Completed integration of four acquisitions over last 18 months; focus on organic growth and selective M&A."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-083655","json":"https://secwatch.observer/filing/0001213900-23-083655.json","markdown":"https://secwatch.observer/filing/0001213900-23-083655.md","text":"https://secwatch.observer/filing/0001213900-23-083655.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872525/000121390023083655/0001213900-23-083655-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872525/000121390023083655/ea187730-8k_stranandco.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:30:36.160642+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8a659e5fb057e355366953388c650f43bd748d28","claim":"Stran & Company, Inc. reported three months ended September 30, 2023 results: revenue $19.3 million, net income $684,000.","evidence_excerpt":"we generated a 42% increase in revenue to a record $19.3 million for the third quarter of 2023. At the same time, our gross profit increased by 50% to $6.4 million, with gross profit margin increasing to 33% compared to 31% for the same period last year, and we booked net earnings of approximately $684,000.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1872525/000121390023083655/0001213900-23-083655-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2023"},{"label":"Revenue","value":"$19.3 million"},{"label":"Net income","value":"$684,000"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}