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FGI INDUSTRIES ANNOUNCES THIRD QUARTER 2025 RESULTS
FGI Industries posted a 0.7% revenue decline to $35.8 million but improved gross margin by 70 basis points despite tariff-related market challenges.
- On Nov. 14, 2025 FGI Industries Ltd. reported third-quarter 2025 revenue of $35.8 million, down 0.7% year-over-year, with a GAAP net loss of $1,651,000.
- Amid an increasing tariff environment, customers grew cautious as FGI pursued market-aligned program pricing and design while evaluating a China+1 sourcing strategy.
- Gross profit rose to $9.5 million, a 2.0% increase, and gross margin improved to 26.5%, while operating income was $0.4 million in third quarter 2025.
- The company reiterated its fiscal 2025 guidance of total net revenue $135-145 million and reported total liquidity of $14.2 million, and will hold quarterly earnings calls for the second and fourth quarters.
- The company said it is investing in new product introductions and brands to drive growth, expanding India dealer expansion, while management noted order pipeline recovery and confidence in relationships.
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FGI INDUSTRIES ANNOUNCES THIRD QUARTER 2025 RESULTS
EAST HANOVER, N.J., Nov. 14, 2025 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the third quarter 2025.
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Total News Sources37
Leaning Left5Leaning Right3Center6Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 36%
C 43%
R 21%
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