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home / news releases / GOED - 1847 Goedeker's Results Prompt Optimism


GOED - 1847 Goedeker's Results Prompt Optimism

  • Goedeker's recent full-year results and guidance suggest the story is on track at an attractive valuation of 8x earnings.
  • The company may sustain a leadership position in online appliance delivery with a broad selection of attractively priced products.
  • In the context of a potentially weakening consumer, appliance purchases may prove more robust than expected.
  • If the company can sustain double-digit sales growth, the company may re-rate to a more premium rating with the desirable combination of earnings growth and multiple expansion.

For further details see:

1847 Goedeker's Results Prompt Optimism
Stock Information

Company Name: 1847 Goedeker Inc. Commom Stock
Stock Symbol: GOED
Market: NYSE

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