Tag: Greystone

Earnings call: Greystone Logistics reports mixed Q3 results, plans buyback

 stock analyst  04/18/2024  0 Comments on Earnings call: Greystone Logistics reports mixed Q3 results, plans buyback

During Greystone Logistics\’ recent Q3 earnings call, CEO Warren Kruger provided an overview of the company\’s performance and future prospects. Despite facing some challenges, including weaker-than-expected results due to supply chain timing issues, the company is looking forward to improvements with the arrival of a new tool. The implementation of this tool and retooling initiatives, such as the automobile pallet for major clients like Tesla (NASDAQ:TSLA), General Motors (NYSE:GM), and Ford (NYSE:F), are expected to bolster performance.