FGI Industries Ltd

FGI Industries Ltd., along with its subsidiaries, supplies bath and kitchen products across the United States, Canada, Europe, and other international markets. Its offerings include sanitaryware such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute bathroom furniture including vanities, mirrors, laundry and medicine cabinets, and other storage systems; shower systems comprising walls, doors, and basins; and custom kitchen cabinetry. The company serves mass retailers, wholesalers, commercial and e-commerce channels, and independent distributors, selling through home center retailers, online retailers, distributors, and independent dealers under brands such as Foremost, avenue, contra, Jetcoat, rosenberg, Covered Bridge Cabinetry, Craft + Main, and Craft + Main Cabinetry, as well as private labels including Glacier Bay and ProFlo. Incorporated in 2021 and headquartered in East Hanover, New Jersey, FGI Industries Ltd. operates as a subsidiary of Foremost Groups Ltd.

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FGI Industries Q2 EPS beats, revenue misses

FGI Industries reported second-quarter 2026 GAAP earnings per share of $0.67, beating estimates by $0.90. Revenue came in at $31.9 million, up 2.9% year over year, but missed expectations by $1.95 million. Gross profit rose 22.5% to $10.7 million, with gross margin expanding 530 basis points to 33.4%. Operating income was $1.4 million and net income attributable to shareholders was $1.3 million, while adjusted operating income and adjusted net income were $1.4 million and $1.2 million, respectively.

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