1847 Goedeker Inc. (GOED) Misses Q4 EPS by 2c

1847 Goedeker Inc. (NYSE: GOED) reported Q4 EPS of $0.03, $0.02 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $142.7 million versus the consensus estimate of $145 million.

Outlook:

Management’s outlook for Fiscal 2022 includes high teens to low 20s sales growth with gross margins and adjusted EBITDA margins relatively flat to our 2021 actual results. Management expects that the combination of sustained supply chain disruptions, significant inflation and geopolitical uncertainty will impact the Company and its customer base in the coming quarters. This expectation has informed the Company’s Fiscal 2022 outlook.

For earnings history and earnings-related data on 1847 Goedeker Inc. (GOED) click here.

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