1847 Goedeker and Appliances Connection Report Record Orders and Shipments in December
26 Enero 2021 - 7:00AM
Business Wire
1847 Goedeker Inc. (NYSE American: GOED) (“Goedekers” or the
“Company”), a one-stop e-commerce destination for appliances and
furniture, and Appliances Connection, a leading appliance retailer
under a definitive agreement to be acquired by the Company, are
pleased to report record orders and record shipped orders during
December.
Key Highlights:
- Goedekers orders rose 82% year-over-year to $11.1 million in
December with shipped orders increasing 18% to $6.0 million
- Appliances Connection’s order rose 105% to $39.8 million in
December with shipped orders increasing 37% to $29.0 million
“Our strong performance continued in December, which we believe
shows that our approach to the market resonates with more consumers
every month. Supply shortages eased but still stand well below
historical norms for order fulfillment. We expect sequential supply
improvement throughout the first and second quarters,” stated Doug
Moore, CEO of 1847 Goedeker.
Albert Fouerti, President of Appliances Connection, added, “We
are seeing incredible growth in our premium and luxury categories.
We are experiencing more website traffic and phone calls than ever
before, coupled with record breaking conversion rates.”
About 1847 Goedeker Inc.
1847 Goedeker is an industry leading e-commerce destination for
appliances, furniture, and home goods. Since its founding in 1951,
Goedekers has transformed from a local brick and mortar operation
serving the St. Louis metro area to a respected nationwide
omnichannel retailer that offers one-stop shopping for national and
global brands. While the Company maintains its St. Louis showroom,
over 90% of sales are placed through its website
(www.Goedekers.com). Goedekers provides visitors an easy to
navigate shopping experience and offers more than 156,000 items
organized by category and product features. Learn more at
www.Goedekers.com.
About Appliances Connection
Founded in 2000, Appliances Connection is one of the leading
retailers of household appliances with a 200,000 square foot
warehouse in Hamilton, NJ and a 23,000 square foot showroom in
Brooklyn, New York. Appliances Connection carries many household
name brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG,
and Samsung, and also carries many major luxury appliance brands
such as Miele, Thermador, La Cornue, Dacor, Ilve, Wolf, Jenn-Air,
Viking among others. Appliance Connection provides appliance
installation services and appliance removal services. In addition
to selling appliances, it also sells furniture, fitness equipment,
plumbing fixtures, televisions, outdoor appliances, and patio
furniture, as well as commercial appliances for builder and
business clients.
Forward Looking Statements
This press release contains “forward-looking statements” that
are subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
"will” “would,” or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on 1847 Goedeker
Inc.’s current expectations and are subject to inherent
uncertainties, risks and assumptions that are difficult to predict.
Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate.
These and other risks and uncertainties are described more fully in
the section titled “Risk Factors” in the final prospectus related
to the public offering filed with the Securities and Exchange
Commission. Forward-looking statements contained in this
announcement are made as of this date, and 1847 Goedeker Inc.
undertakes no duty to update such information except as required
under applicable law.
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Dave Gentry, CEO RedChip Companies Office: 1.800.RED.CHIP
(733.2447) Cell: 407.491.4498 dave@redchip.com
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