CSTE earnings call for the period ending March 31, 2019.
News & Analysis: Caesarstone
CSTE earnings call for the period ending December 31, 2018.
Higher costs, manufacturing problems, and stalled growth are weighing heavily on the quartz-countertop manufacturer.
The quartz surface specialist's financial position took a sharp turn lower during the first quarter.
The manufacturer hit its fourth-quarter sales forecast, but predicts growth struggles ahead.
The quartz surface specialist continued struggling with expenses and a slowing U.S. market in the third quarter.
Earnings and guidance were light, but there was some good news for the countertop maker's shareholders.
The business posted steady growth but failed to keep a lid on expenses in the second quarter.
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Sales growth accelerated as marketing investments began to pay off for the quartz-surface specialist.