Looking at our fourth quarter results. Global revenue in the fourth quarter was $128.5 million compared to $159.4 million in the fourth quarter of last year. On a constant currency basis, sales were down 19.6%. The decrease was primarily driven by softer global market conditions particularly in North American renovation and remodel channels, mainly as a result of higher interest rates, which has impacted residential spending. commercial business. Canada sales were lower by 13.8% on a constant currency basis ...

Exhibit 99.1 Caesarstone Reports First Quarter 2024 Financial Results - Revenue of $118.3 Million - - Gross Margin of 24.5% Improved Significantly Compared to 19.7% in the Prior Year Quarter - - Strong Balance Sheet with Net Cash Position of $89.4 Million - - Reaffirms Outlook to Deliver Positive Adjusted EBITDA and Operating Cash Flow in 2024 - MP MENASHE, Israel – May 8, 2024 - Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financi ...

Caesarstone Ltd (NASDAQ:CSTE) Q3 2023 Earnings Call Transcript November 8, 2023 8:30 AM ET Company Participants Brad Cray - Investor Relations Yosef Shiran - Chief Executive Officer Nahum Trost - Chief Financial Officer Conference Call Participants Reuben Garner - The Benchmark Company Stanley Elliott - Stifel Operator Greetings and welcome to the Caesarstone Third Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow ...

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C caesarstone® - Remains Focused on Global Strategic Restructuring Actions to Reignite Long-term Growth and Profitability - Adjusted EBITDA in the third quarter of 2023, which excludes expenses for non-cash share-based compensation, legal settlements and loss contingencies and for other items, was $1.9 million, compared to adjusted EBITDA of $13.4 million in the prior year quarter. The year-over-year decrease primarily reflects the operating loss. Finance income in the third quarter of 2023 was $1.3 million ...

Operator This conference has now concluded. Thank you for attending today's presentation. You may now disconnect. Thank you. Caesarstone Ltd (NASDAQ:CSTE) Q2 2023 Results Conference Call August 9, 2023 8:30 AM ET Yosef Shiran - Chief Executive Officer Conference Call Participants Stanley Elliott - Stifel Brad Cray In addition, on this call, the company will make reference to certain non-GAAP financial measures, including adjusted net income, adjusted net income per share, adjusted gross profit adjusted EBIT ...

O caesarstone® Caesarstone Reports Second Quarter 2023 Financial Results MP MENASHE, Israel – August 9, 2023 - Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its second quarter ended June 30, 2023. Nahum Trost, Caesarstone's Chief Financial Officer added, "Our restructuring actions and strategic plan are in in motion to achieve a step change in the Company's cash generating ability. We achieved more than $25 mil ...

The estimated cash closure costs do not include a potential noncash write-down on the value of the noncancelable lease agreement. We expect that the remaining costs associated with the lease will be increasingly offset by subleases, which we will look to obtain over time. The $10 million to $15 million of previously mentioned savings does not include any potential upside from cash inflow related to any future sublease we are able to execute over time. Therefore, cash received from executing subleases would ...

- Revenues of $150.6 Million - - Initiates Global Restructuring Plan, Commencing with Closing Its Manufacturing Facility in Sdot-Yam, Israel, Consolidating its Production Footprint and Rationalizing Operating Costs - Shiran continued, "As a first major step in our restructuring plan, we have stopped production at our Sdot-Yam facility in Israel and are taking actions to permanently close the site. This difficult yet necessary step is expected to improve efficiencies, reduce costs and allow us to create a mo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION ...