Caesarstone Announces First Quarter 2022 Earnings Date

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MP MENASHE, Israel–(BUSINESS WIRE)–Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today announced that it will release its results for the first quarter ended March 31, 2022 on Wednesday, May 11, 2022 before market opens.

The Company will host a webcast and conference call the same day at 8:30 a.m. ET to discuss the results, followed by a question and answer session for the investment community. The live webcast can be accessed via the Investor Relations section of the Company’s website at ir.caesarstone.com. For those unable to access the webcast, the conference call will be accessible domestically or internationally, by dialing 1-877-451-6152 and 1-201-389-0879, respectively. The Israeli toll-free number is 1 80 940 6247. After dialing the number, please request to participate in Caesarstone’s first quarter 2022 earnings conference call.

To listen to a telephone replay of the conference call, dial toll-free 1-844-512-2921 or +1-412-317-6671 (international) and enter passcode 13729287. The replay will be available from 11:30 a.m. . am ET on Wednesday, May 11, 2022 and will last until 11:59 p.m. ET on Wednesday, May 18, 2022.

About Caesarstone

Caesarstone is a concept and lifestyle driven company with a customer-centric approach to the design, development and production of high-end engineered stone countertops used in residential and commercial buildings. Our products offer superior aesthetic appeal and advanced functionality through a distinct variety of colors, styles, textures and finishes used in various countertop applications, marked by inherent longevity. A strong commitment to service has fostered growing customer loyalty in more than 50 countries where Caesarstone product collections are available: Classico, Supernatural, Metropolitan and Outdoor. For more information, please visit our website: caesarstoneus.com.

Forward-looking statements

Information provided in this press release may contain statements regarding current expectations, estimates, forecasts and projections regarding future events that are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Act. Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “objectives”, “intend”, “seek”, “anticipate”, “believe”, “could”, “continue”, “expect”, “estimate”, “may”, “plan”, “outlook”, “future” and “project” and other similar expressions which predict, project or indicate future events or trends or which are not statements of historical subjects. These forward-looking statements include statements regarding the Company’s sustainability goals and plans, intentions, expectations, assumptions, goals and beliefs regarding the Company’s sustainability business and vision. These forward-looking statements may also relate to the Company’s plans, objectives and expectations for future operations, including estimates relating to the impact of the COVID-19 pandemic and related mitigation measures, and expectations regarding the results of the Company’s business optimization initiatives. These forward-looking statements are based on management’s current estimates and projections of future results or trends. Actual results may differ materially from those projected due to certain known and unknown risks and uncertainties. These factors include, but are not limited to: the impact of the COVID-19 pandemic on end consumers, the effects of the global economy and geopolitics on the Company’s business and operations; raw material shortages, rising prices and the effects of global shipping challenges; the Company’s ability to pass on all or part of these increases to its customers; strength in the home renovation and construction sectors; intense competitive pressures; disruptions to our information technology systems globally, including through deliberate cyberattacks; the degree of the Company’s ability to develop, produce and deliver safe, high quality products; fluctuations in exchange rates against the US dollar; the company’s ability to raise funds to fund our current and future capital needs; the company’s ability to grow and expand into certain markets and successfully integrate our acquisitions; the Company’s ability to effectively manage its relationships with its key suppliers; the outcome of claims for silicosis and other bodily injury; regulatory requirements relating to hazards associated with our operations and products; efficiently manufacture our products and manage changes in production and the supply chain; economic conditions in any of our major existing markets; the success of our expansion efforts in the United States; the extent of the Company’s ability to achieve its ESG objectives and targets, management of GHG and other emissions; the impacts of conditions in Israel, such as adverse economic, social or geopolitical events; the unpredictability of seasonal fluctuations in income; disruptions to the operations of the Company or the operations of its suppliers, distributors, customers or other third parties and other factors, risks and uncertainties discussed in the sections “Risk Factors” and “Special Note Regarding Forward-Looking Statements and Summary of Risk Factors” in our most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on March 15, 2022, and in other filings by Caesarstone with the SEC, which are available for free at www.sec.gov. These forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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