FGI Stock Alert: Tiny Kitchen-and-Bath Supplier Near Flat Before Wednesday Shareholder Vote
FGI Industries shares traded at $5.86 on Nasdaq Tuesday, up 0.5%, valuing the company at $11.3 million. Shareholders vote Wednesday to elect directors and ratify the auditor. FGI reported Q1 revenue down 8.2% to $30.5 million and a net loss of $969,000, with liquidity pressured by tariffs and $13.1 million in credit facility debt. The company had $2.7 million in cash at March 31.