Caesarstone Announces Date for Third Quarter 2024 Results
30 Octobre 2024 - 9:15PM
Business Wire
Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and
manufacturer of high-quality engineered surfaces, today announced
that it will release its earnings results for the third quarter
ended September 30, 2024 on Wednesday, November 13, 2024 before the
market opens.
The Company will host a webcast and conference call on the same
day at 8:30 a.m. ET to discuss the results, followed by a question
and answer session for the investment community. The live webcast
can be accessed through the Investor Relations section of the
Company’s website at ir.caesarstone.com. For those unable to access
the webcast, the conference call will be accessible domestically or
internationally, by dialing 1-833-816-1463 and 1-412-542-4167,
respectively. The toll-free Israeli number is 1 80 921 3284. Upon
dialing in, please request to join the Caesarstone Third Quarter
2024 Earnings Conference Call.
To listen to a telephonic replay of the conference call, dial
toll-free 1-844-512-2921 or +1-412-317-6671 (international) and
enter pass code 10192828. The replay will be available beginning at
12:30 p.m. ET on Wednesday, November 13, 2024 and will last through
11:59 p.m. ET on Wednesday, November 20, 2024.
About Caesarstone
Caesarstone is a global leader of premium surfaces, specializing
in countertops that create dynamic spaces of inspiration in the
heart of the home. Established in 1987, its multi-material
portfolio of over 100 colors combines the company’s innovative
technology with its powerful design passion. Spearheading
high-quality, sustainable surfaces, Caesarstone delivers functional
resilience with timeless beauty, for a vast range of applications,
including kitchen countertops, bathroom vanities, and more, for
indoor and outdoor spaces.
Since it pioneered quartz countertops over thirty years ago, the
brand has expanded into porcelain and natural stone and is on the
ground in more than 50 countries worldwide while enhancing customer
experience through the expansion of groundbreaking digital
platforms & services. More information on Caesarstone:
caesarstoneus.com, Facebook, Twitter, YouTube, Pinterest, and
Instagram
Forward-Looking Statements
Information provided in this press release may contain
statements relating to current expectations, estimates, forecasts
and projections about future events that are "forward-looking
statements" within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of words
such as “goals," “intend,” “seek,” “anticipate,” “believe,”
“could,” “continue,” “expect,” “estimate,” “may,” “plan,”
“outlook,” “future” and “project” and other similar expressions
that predict, project or indicate future events or trends or that
are not statements of historical matters. Such forward looking
statements include statements regarding the Company’s
sustainability goals and plans, intentions, expectations,
assumptions, goals and beliefs regarding the Company’s business and
sustainability vision. These forward-looking statements also may
relate to the Company's plans, objectives and expectations for
future operations, including estimations relating to the
restructuring plan, the closure of the Sdot Yam Facility, the
estimated closure costs and the estimated potential savings
relating to the facility closure, the ability to sublease all or
part of the facility covered by the long-term non-cancellable lease
agreement, the impact of the COVID-19 pandemic and mitigation
measures in connection thereto, and expectations of the results of
the Company’s business optimization initiatives. These
forward-looking statements are based upon management's current
estimates and projections of future results or trends. Actual
results may differ materially from those projected as a result of
certain risks and uncertainties, both known or unknown. These
factors include, but are not limited to: the implementation of the
proposed restructuring plan, the closure of the Sdot Yam Facility
and Richmond Hill facilities, the estimated closure costs and
ability to realize potential savings relating to the closure, the
ability to effectively manage through transitions in the Australian
market, the ability to sublease all or part of the facility covered
by the long-term non-cancellable lease agreement, the impact of the
COVID-19 pandemic on end-consumers, the effects of global economy
and geo-politics on the Company’s business and operations; managing
constraints in the global supply chain, raw material shortages,
increased prices and effects of challenges in global shipping and
transportation; Company’s ability to pass all or some of these
increases to its customers; the strength of the home renovation and
construction sectors; intense competitive pressures; disruptions to
our information technology systems globally, including by
deliberate cyber-attacks; the degree of the Company’s ability to
develop, produce and deliver high quality and safe products;
fluctuations in currency exchange rates against the U.S. Dollar;
Company’s ability to raise funds to finance our current and future
capital needs; Company’s ability to build-out and expand into
certain markets and successfully integrate our acquisitions; the
Company’s ability to effective manage its relationship with key
suppliers; the outcome of silicosis and other bodily injury claims;
regulatory requirements relating to hazards associated with our
operations and products; efficiently manufacturing our products and
managing changes in production and supply chain; economic
conditions within any of our key existing markets; the success of
our expansion efforts in the United States; the extent of the
Company’s ability to meet its ESG goals and targets, management of
GHG and other emissions; the impacts of conditions in Israel, such
as negative economic, labor or geopolitical events; the
unpredictability of seasonal fluctuations in revenues; disturbances
to the Company’s operations or the operations of its suppliers,
distributors, customers or other third parties and other factors,
risks and uncertainties discussed under the sections "Risk Factors"
and “Special Note Regarding Forward-Looking Statements and Risk
Factor Summary” in our most recent annual report on Form 20-F filed
with the Securities and Exchange Commission (the “SEC”) on March 6,
2024, and in other documents filed by Caesarstone with the SEC,
which are available free of charge at www.sec.gov. These
forward-looking statements are made only as of the date hereof, and
the Company undertakes no obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Further, the estimates of the charges and expenditures that the
Company expects to incur in connection with the restructuring plan
and facility closure and the timing thereof, are subject to a
number of assumptions, and actual amounts may differ materially
from estimates. In addition, the Company may incur other charges or
cash expenditures not currently contemplated due to unanticipated
events that may occur, including in connection with the
implementation of the restructuring plan and facility closure.
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version on businesswire.com: https://www.businesswire.com/news/home/20241030585542/en/
Investor Relations: ICR, Inc. - Rodny Nacier
CSTE@icrinc.com +1 (646) 200-8870
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