We remain committed to leveraging our sales capabilities effectively while maintaining tight expense management in this uncertain environment.

Nov 3, 2025 / receipt, needs a key / Michael Benstock, CEO | earnings call 2025-11-03 | transcript f090b47b-c6e4-4697-a862-3d00cccf4ee6 | chars 3230-3372 | segment 3

Regardless of macro conditions, we remain hyper-focused on expense management. As we mentioned on our last call, we launched our initiative to reduce budgeted expenses during the second quarter and And we are seeing the benefit of those cost reductions, which has and will continue to position us for stronger profitability.

Aug 5, 2025 / receipt, needs a key / Michael Benstock, CEO | earnings call 2025-08-05 | transcript c21cf580-56cb-46af-a87b-b76e97cabec8 | chars 3889-4213 | segment 4

With the rollout of the vaccine in the U.S. and the easing of COVID restrictions, the promotional products industry started to see an increase in spend during Q2. Clients in the entertainment and travel sectors have increased their spend much quicker than we anticipated. Marketing budgets have started to open back up, and we have already seen companies planning for year-end employee gifting.

Jul 28, 2021 / receipt, needs a key / Jake Kimmelstein, President of BAMCO | earnings call 2021-07-28 | transcript c1caa9b2-36d8-4dd7-b741-6205dc548c04 | chars 15069-15463 | segment 14