NEW YORK CITY, NEW YORK / ACCESS Newswire / December 22, 2025 / For years, transparency in the global gold market advanced in theory faster than in practice. Standards evolved. Guidance tightened. And, expectations rose. Yet the most important part, implementation, lagged, constrained by fragmented systems that verified paperwork more easily than reality. That gap is now closing, and it is closing quickly.SMX (NASDAQ:SMX) deserves some credit. It's emerging as one of the most active drivers of that shift ...

Q3 2025 Financial Performance - Net sales reached $110.3 million, a 10.4% year-over-year increase[56, 61] - Average Order Value (AOV) was $2,209[56] - Total orders increased by 17% year-over-year[56] - Repeat orders grew by 16% year-over-year[56] - Gross margin stood at 57.6%[56] - Adjusted EBITDA was $3.6 million, representing 3.2% of net sales[56] - The company ended the quarter with $73.4 million in cash[56, 61] Strategic Achievements - Engagement ring bookings returned to year-over-year growth[61] - Fine jewelry bookings experienced a 45% year-over-year increase, accounting for 14% of total bookings mix[61, 79] - Wedding and anniversary band bookings achieved their highest-ever quarter with double-digit year-over-year growth[61, 79] - The company paid off its outstanding term loan balance of $34.8 million, resulting in zero debt[61] Future Outlook - The company projects net sales growth of 3% to 4.5% year-over-year for fiscal year 2025[97] - The company anticipates an adjusted EBITDA margin of 2% to 3% for fiscal year 2025[97]

Core Insights - The cable industry is experiencing increased demand due to the energy transition and global electrification, which is expected to continue for decades [2] - ESG (Environmental, Social, and Governance) requirements are becoming essential for companies to ensure the protection of employees, the environment, and society [2] Group 1: Responsible Sourcing - Responsible sourcing is defined as a practice that all industry players along the cable value chain are adopting to meet ESG requirements [2][3] - The webinar will cover the definition of responsible sourcing, supply chain challenges, and commitments to human rights within the industry [3] Group 2: Industry Perspectives - The discussion features industry leaders from various sectors, including a distributor of electrical materials, a copper producer, and a leading cable producer, highlighting diverse perspectives on responsible sourcing [3] - Key speakers include Isabelle Hoepfner-Léger from Rexel, Daniel Hojniak from KGHM, Mike Smith from Copper Mark, and David Grall, focusing on sustainability and corporate transformation [3]

Core Insights - The cable industry is experiencing increased demand due to the energy transition and global electrification, which is expected to continue for decades [2] - ESG (Environmental, Social, and Governance) requirements are becoming essential for companies to ensure the protection of employees, the environment, and society [2] Group 1: Responsible Sourcing - Responsible sourcing is defined as a practice that all industry players along the cable value chain are adopting to meet ESG requirements [2][3] - The webinar will cover the definition of responsible sourcing, supply chain challenges, and commitments to human rights within the industry [3] Group 2: Industry Perspectives - The discussion features industry leaders from various sectors, including a distributor of electrical materials, a copper producer, and a leading cable producer, highlighting diverse perspectives on responsible sourcing [3] - Key participants include Isabelle Hoepfner-Léger from Rexel, Daniel Hojniak from KGHM, Mike Smith from Copper Mark, and David Grall, focusing on sustainability and corporate transformation [3]

Core Insights - Westrock Coffee Company has released its 2024 Sustainability Report, highlighting its commitment to sustainability and corporate responsibility initiatives aimed at benefiting smallholder farmers and promoting environmental stewardship [2][4]. Group 1: Sustainability Initiatives - The report outlines Westrock Coffee's progress towards its sustainability goals over the past year, celebrating milestones in initiatives designed to empower millions of smallholder farmers in its global supply chain [2][4]. - The company aims to achieve 100% responsibly sourced coffee and tea by the end of 2025, with 89% of coffee and 100% of tea already responsibly sourced by the end of 2024 [8]. - Westrock Coffee's Raíz Sustainability™ program has paid over $8.5 million in farmer premiums to more than 6,800 participating farmers since its inception in 2015, demonstrating a significant impact on sustainable agriculture and fair labor practices [8]. Group 2: Future Goals and Vision - The company has set a vision for 2030, which includes increasing transparency and traceability, expanding economic programming in coffee-producing countries, and bolstering its sustainable supply chain [5]. - Westrock Coffee plans to open the world's largest roast-to-ready-to-drink (RTD) plant in North America in 2024, which will recycle over one billion gallons of water annually and use energy-efficient roasting technology [8]. - The company has audited strategic suppliers for compliance with its Responsible Sourcing Policy and expanded its Real Roots™ entry-level sustainability sourcing program [8]. Group 3: Company Overview - Westrock Coffee is a leading integrated provider of coffee, tea, flavors, extracts, and ingredients solutions in the U.S., serving various industries including retail, foodservice, and hospitality [3][7]. - Founded in 2009, the company emphasizes responsible business practices and supply chain transparency as core values [3].