XPEL Shares Climb on $110 Million Supply Move, Focus on San Antonio and China Margins
XPEL jumped 4.5% Wednesday after the company said it is targeting about $110 million for manufacturing and supply-chain growth and also gave new details on financing tied to its San Antonio base. Shares finished at $45.21, valuing the Nasdaq-traded company near $1.25 billion. Timing is key here. XPEL is shifting from mostly asset-light and using a lot of third-party manufacturing to taking tighter control of production, quality, and logistics. The company still aims for operating margins in the mid-20% range by 2028. Operating margin shows profit from operations as a slice of revenue.