1847 Goedeker Inc. (GOED) and Appliances Connection Report March Orders up 106% and 110% Respectively

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 continued strong order growth in March.

Key Highlights:

• Goedekers' orders rose 106% year-over-year to $9.5 million in March, up from $4.6 million in March 2020
• Appliances Connection's orders rose 110% to $58.7 million in March, up from $27.9 million in March 2020

“We are excited to report strong triple-digit order growth for both Goedekers and Appliances Connection in March,” stated Doug Moore, CEO of Goedekers. “We remain on track to completing the Appliances Connection acquisition in the second quarter, and together with infrastructure improvements, including the tripling of our fulfillment capacity, which comes online this month, we believe we are in a great position to drive meaningful top and bottom-line performance.”

"We are working to meet the continually rising consumer demand for purchasing appliances online," added Albert Fouerti, President of Appliances Connection. "Our teams have done an amazing job adjusting to the rapid growth experienced by both companies over the past year."

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