GOED - 1847 Goedeker and Appliances Connection report strong February orders

1847 Goedeker (GOED) and Appliances Connection, a leading appliance retailer under a definitive agreement to be acquired by the company reported February strong order growth.Goedekers' orders rose 130% Y/Y to $10.5M in February while Appliances Connection's orders rose 90% to $43M."Order growth outpaced an increase in marketing spend driving Goedekers and Appliances Connection to generate growth in orders in February, which confirms to us the ongoing transition in consumer preference for the direct-to-consumer appliance retail operating model," CEO Doug Moore commented.

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1847 Goedeker and Appliances Connection report strong February orders