FGI Industries shares surged after the kitchen and bath products supplier reported second-quarter fiscal 2026 adjusted earnings of $0.60 per share, beating the $0.43 analyst consensus and reversing an adjusted loss of $0.61 per share a year earlier. Revenue rose 2.9% year over year to $31.89 million but missed the $33.48 million consensus estimate. Gross margin expanded to 33.4% from 28.1%, operating income swung to a $1.4 million gain from a $0.8 million loss, and the company reaffirmed fiscal 2026 sales and profit guidance. Market updates tied to the earnings reaction showed FGI among the session’s top gainers, with share-price gains cited at 147.78% and, earlier in the session, 195.77%, indicating different measurement points during volatile trading.