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Recent Updates — FGIWW

August 12, 2026View Source ↗

FGI Industries Ltd. reported second quarter 2026 financial results for the period ended June 30, 2026. Total revenue increased 2.9% year-over-year to $31.9 million, driven by a 20.3% rise in U.S. sales despite declines in Canada and Europe. Gross profit grew 22.5% to $10.7 million, expanding gross margin to 33.4%. The company reported operating income of $1.4 million and net income attributable to shareholders of $1.3 million, or $0.65 per diluted share, compared to a net loss in the prior year period. FGI reaffirmed its full-year fiscal 2026 revenue guidance of $134-141 million and adjusted operating income guidance of $0.7-2.5 million. The company operates as a global supplier of kitchen and bath products.