Caesarstone(CSTE) - 2023 Q4 - Earnings Call Transcript

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 ...