Answer
The press release you quoted does not list the specific expense categories that Caesarstone Ltd. (NASDAQ: CSTE) is targeting for the $10 million of cost reductions. The statement from CEO Yos Shiran says the company “approved cost‑reduction measures expected to generate an additional $10 million” but the release stops short of naming the line‑items or functional areas that will be trimmed.
Because the news article does not provide those details, we cannot definitively identify which costs are being cut (e.g., selling‑, general‑, and administrative (SG&A) expenses, manufacturing overhead, logistics, marketing, or head‑count reductions). Any speculation about the categories would go beyond the information supplied.
What this means for you
- No explicit breakdown is available in the current release. Until Caesarstone issues a more detailed earnings commentary, an investor call transcript, or a filing with the SEC that item‑by‑item outlines the cost‑saving initiatives, the exact expense categories remain undisclosed.
- Typical areas of focus for a company seeking “cost‑structure alignment” at current revenue levels often include:
- Reducing SG&A spend (e.g., travel, office‑related costs, and certain professional services)
- Streamlining manufacturing or production overhead (e.g., energy, equipment maintenance, or material waste)
- Optimizing logistics and supply‑chain costs (e.g., shipping, warehousing)
- Deferring or trimming discretionary spending (e.g., marketing, advertising, or capital projects)
However, without a direct statement from Caesarstone, these remain educated guesses rather than confirmed facts.
Next steps to obtain the specifics
- Monitor subsequent communications – Caesarstone may release a more detailed earnings release, a conference‑call transcript, or a Form 10‑Q/10‑K filing that breaks out the cost‑reduction initiatives.
- Check the investor‑relations website – Companies often post slide decks or supplemental material that list targeted expense categories.
- Listen to the earnings call – Management Q&A sessions frequently provide the granular detail that press releases omit.
Until such additional information is made public, the only confirmed fact is that Caesarstone has approved cost‑reduction measures projected to save $10 million, but the specific expense categories targeted are not disclosed in the current news article.