$GLGI

GREYSTONE LOGISTICS, INC. (GLGI) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective October 30, 2026, Larry J. LeBarre will retire from the Board of Directors (the “Board”) of Greystone Logistics,

Greystone Logistics reported Q2 2026 revenue of $5.32M, a net loss of $2.56M, and EPS of ($0.09), down from $10.73M revenue, $1.1M net loss, and ($0.04) EPS in the prior-year quarter. The decline was due to the loss of a major customer, while related-party demand partially offset the drop. The company reduced production and workforce to align with lower demand.

Greystone Logistics (OTCQB:GLGI) will release earnings for Q3 2026 on Oct. 15 and host a teleconference on Oct. 16. CEO Warren Kruger will discuss financial results, operations, and answer questions. The company specializes in recycled plastic manufacturing.

Greystone Logistics (GLGI) lost $30M in annual revenue after iGPS terminated its contract. CEO Warren Kruger outlined recovery efforts, including layoffs, new plastic reprocessing contracts, and diversifying into pallet leasing. The company aims to replace lost revenue by 2027, with new products like keg and double-decker pallets. Greystone has secured interest-only payments with IBC Bank for 2026.