---
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"
generated_at: "2026-11-10T21:36:07.442214+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stran & Co Q3 sales $28.1M (+8.2%), gross margin 33.3%; nine-month net income $1.1M vs $1.0M loss

## Summary
- 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."

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-118067
- JSON: https://secwatch.observer/filing/0001213900-26-118067.json
- Plain text: https://secwatch.observer/filing/0001213900-26-118067.txt

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