---
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"
generated_at: "2026-06-08T21:30:36.160642+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stran Q3 revenue $19.3M (+42% YoY), net earnings of $684K vs loss of $700K

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-083655
- JSON: https://secwatch.observer/filing/0001213900-23-083655.json
- Plain text: https://secwatch.observer/filing/0001213900-23-083655.txt

## Key facts
- Earnings Releases
  Stran & Company, Inc. reported three months ended September 30, 2023 results: revenue $19.3 million, net income $684,000.
  - Period: three months ended September 30, 2023
  - Revenue: $19.3 million
  - Net income: $684,000
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390023083655/0001213900-23-083655-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.