Caesarstone shares surge 10.07% intraday as restructuring plan with Bar-Lev closure and $22M annual savings boosts investor confidence.

Caesarstone surged 10.07% intraday following its announcement of a strategic restructuring plan, including the closure of its Bar-Lev facility in Israel and a 200-employee workforce reduction. The company outlined $22 million in annualized cost savings and projected a return to positive adjusted EBITDA by Q3 2026, driven by optimized manufacturing and global partner integration. Despite Q3 2025 revenue declining 5.7% year-over-year and a $18.1 million net loss, the restructuring measures—aimed at enhancing profitability and competitiveness—were interpreted as decisive steps to address ongoing challenges. The intraday rally reflects investor optimism about the company’s pivot toward innovation, brand strengthening, and operational efficiency, despite broader market concerns over legal liabilities and U.S. tariffs.