Casper Sleep Inc. (CSPR) Tops Q2 EPS by 15c, Revenues Beat

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Go back to Casper Sleep Inc. (CSPR) Tops Q2 EPS by 15c, Revenues Beat

 Casper Reports Second Quarter 2020 Results

August 11, 2020 6:30 AM EDT

Second Quarter 2020 Revenue Increased 16% YoY to $110.2 million

Record e-Commerce Results

Continued Strength in Retail Partnership Channel, up 61% YoY

NEW YORK--(BUSINESS WIRE)-- Casper Sleep Inc. (the Company) (NYSE: CSPR) today announced financial results for the second quarter (second quarter 2020) ended on June 30, 2020.

Second Quarter 2020 Financial Highlights (as compared to the quarter ended June 30, 2019)

Revenue increased 15.7% to $110.2 million; Direct-to-Consumer Revenue increased 5.0% to $81.0 million despite very modest owned store sales; Retail Partnership Revenue increased 61.1% to $29.2 million; Gross... More