July 24, 2024
Counselor Top 40 Distributors 2024: No. 27 Stran Promotional Solutions
Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market.
Stran Promotional Solutions
(asi/337725)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 34
2023 Revenue: $82.1
2022 Revenue: $64.3
Year-Over-Year Difference: 27.7%
2021 Revenue: $47.3
Top Company Officer: Andy Shape, President/CEO
Year Founded: 1994
Headquarters: Quincy, MA
Financials Certified By: Andy Shape
A quarterly record in sales in Q4 helped Stran Promotional Solutions achieve growth of nearly 28% and its best-ever annual sales total last year. After sustaining a loss in its first full year as a publicly traded company in 2022, the firm managed an after-tax profit in 2023. Within the last 12 months, Stran has announced multi-year contracts with large clients, undertaken a rebrand, and invested in people and technology improvements that executives say will drive growth and greater profitability.