GPO Plus Reports Record Quarterly Revenue with Improved Margins

GPO Plus, Inc., a Las Vegas-based distributor, has announced record quarterly financial results with notable growth and efficiency improvements. For the quarter ending January 31, 2025, the company reported an 11% increase in gross revenues and a 30% reduction in operating expenses. Gross margins have seen a boost from 15% to 28%, indicating a strategic push for scalable growth.

Recent initiatives include upgrading their warehouse facilities and launching a "Cash + Carry" service at the Lubbock Regional Hub. These moves aim to enhance product offerings and tap into new revenue channels. Meanwhile, a new call center initiative aims to explore expanded retail categories such as smoke shops and independent convenience stores.

Further advancements include the integration of GPOX Labs.ai and EDI for real-time inventory management and sales analytics, streamlining operations.