Cadre Holdings Q3 net sales rise 42% on demand for armor and duty gear products

Reuters
2025.11.04 22:04
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Cadre Holdings reported a 42% year-over-year increase in Q3 net sales, driven by strong demand for armor and duty gear products, although it slightly missed analyst expectations. The company announced the acquisition of TYR Tactical, its largest since going public. For 2025, Cadre expects net sales between $624 million and $630 million and Adjusted EBITDA between $112 million and $116 million. The average analyst rating is "buy," with a median 12-month price target of $46.50, reflecting positive market sentiment.

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