{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-118067","form_type":"8-K","ticker":"SWAG","cik":"0001872525","company_name":"Stran & Company, Inc.","filed_at":"2026-11-10T21:35:13+00:00","discovered_at":"2026-11-10T21:36:00.484554+00:00","generated_at":"2026-11-10T21:36:07.442214+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Stran & Co Q3 sales $28.1M (+8.2%), gross margin 33.3%; nine-month net income $1.1M vs $1.0M loss","bullets":["Q3 sales $28.1M (+8.2% YoY); gross profit $9.4M (+32.4%); gross margin 33.3% vs 27.2%, up ~610 bps, aided by a ~$0.2M tariff refund that may not recur.","Q3 net income ~$35,000 vs a $1.2M net loss a year ago; EBITDA $0.3M vs $(1.1)M. Nine months: net income $1.1M vs $1.0M loss; EBITDA $1.8M vs $(0.4)M.","Stran Loyalty Solutions Q3 gross profit $3.0M (+92.4%), operating income $0.7M vs a $0.4M loss; SLS sales $9.6M (+15.4%). Stran segment sales $18.5M (+4.7%).","Nine-month sales $92.7M (+6.3%), gross profit $29.0M (+14.2%), margin 31.3% vs 29.1%; operating cash flow $1.8M vs $4.8M used in the prior-year period.","Cash, equivalents and investments $12.6M at September 30, 2026; repurchased ~109,000 shares in Q3. CEO Andy Shape cites entering its \"next phase of growth.\""],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-118067","json":"https://secwatch.observer/filing/0001213900-26-118067.json","markdown":"https://secwatch.observer/filing/0001213900-26-118067.md","text":"https://secwatch.observer/filing/0001213900-26-118067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872525/000121390026118067/0001213900-26-118067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872525/000121390026118067/ea0311574-8k_stran.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:36:07.442214+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}