Polished Inc. Shares Resume Trading
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Polished.com Inc. (the "Company" or "Polished") (NYSE:POL) has suspended its operations. These steps followed a comprehensive review by the Company's Board of Directors of available strategic alternatives, and upon consultation with the members of the Company's management, with the assistance of the Company's legal and financial advisors. The Company anticipates filing a case under the provisions of Chapter 7 of the Bankruptcy Code as soon as practicable. As recently disclosed, following the Notice of Acceleration from its lenders earlier this month, the Company was working to reach a resolution with its lenders and exploring multiple paths to obtain additional financing to sustain operat
Polished.com Inc. (the "Company" or "Polished") (NYSE:POL) today provided the following corporate updates: Update to Previously Issued Guidance for Fiscal Year 2023 The Company now expects net sales between $315 million and $325 million and EBITDA below its previously provided estimate for fiscal year 2023. The Company previously reported that it expected net sales between $330 million and $350 million and low single digit EBITDA margins for fiscal year 2023. The Company's updated guidance reflects sustained pressure on the Company's top line revenue as a result of macroeconomic headwinds continuing to significantly impact consumer discretionary spending. These expectations are made a
Polished.com Inc. (the "Company" or "Polished") (NYSE:POL) announced the results of the Company's Annual Meeting of Stockholders (the "Annual Meeting"), which was held virtually on January 30, 2024. A total of 1,134,678 shares of the Company's Common Stock were represented in person or by proxy, constituting a quorum. Stockholders voted to re-elect all eight of the Company's nominees to the Board of Directors: Ellery W. Roberts, Houman Akhavan, Ellette A. Anderson, Clark R. Crosnoe, Glyn C. Milburn, James M. Schneider, G. Alan Shaw and Edward J. Tobin. Additionally, stockholders voted to ratify the appointment of Sadler, Gibb & Associates, LLC as the Company's independent registered pub
Polished.com Inc. (the "Company" or "Polished") (NYSE:POL) has suspended its operations. These steps followed a comprehensive review by the Company's Board of Directors of available strategic alternatives, and upon consultation with the members of the Company's management, with the assistance of the Company's legal and financial advisors. The Company anticipates filing a case under the provisions of Chapter 7 of the Bankruptcy Code as soon as practicable.As recently disclosed, following the Notice of Acceleration from its lenders earlier this month, the Company was working to reach a resolution with its lenders and exploring multiple paths to obtain additional financing to sustain operations
Gainers Aterian (NASDAQ:ATER) shares increased by 8.2% to $0.42 during Tuesday's after-market session. The market value of their outstanding shares is at $38.0 million. Polished.com (AMEX:POL) stock moved upwards by 6.28% to $2.2. The market value of their outstanding shares is at $4.6 million. AMMO (NASDAQ:POWW) stock rose 5.73% to $2.58. The company's market cap stands at $306.1 million. As per the news, the Q3 earnings report came out 3 days ago. SunCar Tech Gr (NASDAQ:SDA) shares moved upwards by 5.0% to $6.5. The market value of their outstanding shares is at $572.6 million. 2U (NASDAQ:TWOU) stock rose 4.09% to $0.39. The market value of their outstanding shares is at $31.9 million
Polished.com Inc. (the "Company" or "Polished") (NYSE:POL) announced the results of the Company's Annual Meeting of Stockholders (the "Annual Meeting"), which was held virtually on January 30, 2024. A total of 1,134,678 shares of the Company's Common Stock were represented in person or by proxy, constituting a quorum. Stockholders voted to re-elect all eight of the Company's nominees to the Board of Directors: Ellery W. Roberts, Houman Akhavan, Ellette A. Anderson, Clark R. Crosnoe, Glyn C. Milburn, James M. Schneider, G. Alan Shaw and Edward J. Tobin. Additionally, stockholders voted to ratify the appointment of Sadler, Gibb & Associates, LLC as the Company's independent registered pub
Appoints Rick Bunka, Who Possesses Extensive Retail and E-Commerce Experience, as Interim CEO, and Bob Barry, Who Brings Institutional Knowledge and Strong Finance Expertise, as Interim CFO Highlights Company's Track Record of Profitable Growth and Strong Go-Forward Positioning in the Household Appliances Market Polished.com Inc. (NYSE:POL) (formerly known as 1847 Goedeker Inc.) ("Polished" or the "Company"), a content driven and technology enabled shopping destination for appliances, furniture and home goods in the U.S. household appliances market, today announced the appointments of John "Rick" Bunka as interim Chief Executive Officer ("CEO") and Robert "Bob" Barry as interim Chief Fina
8-K - Polished.com Inc. (0001810140) (Filer)
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8-K - Polished.com Inc. (0001810140) (Filer)
Receives Extension on Existing Loan Agreement Through November 30, 2024 Provides Updated Guidance for Fiscal Year 2023 Polished.com Inc. (NYSE:POL) ("Polished" or the "Company") today reported financial results for the three months ended September 30, 2023. The Company's 10-Q and additional information can be found on its investor relations website: https://investor.polished.com/financials/sec-filings. Top Metrics – Third Quarter of 2023 Net product sales for the third quarter were $77.8 million, compared to $143.6 million in the prior year period. Gross profit for the quarter was $15.3 million (19.7% margin), compared to $21.1 million (14.7% margin) in the prior year period.
Polished.com Inc. (the "Company" or "Polished") (NYSE:POL) today announced that the Company is postponing its earnings release and conference call for the third quarter ended September 30, 2023, which was previously scheduled for today, November 14, 2023. The Company requires additional time to finalize certain of the disclosures in its quarterly report. At this time, the Company expects to release results and hold an investor conference call on Monday, November 20, 2023. About Polished.com Inc. Polished is raising the bar, delivering a world-class, white-glove shopping experience for home appliances. From the best product selections from top brands to exceptional customer service, we
Polished.com Inc. (the "Company" or "Polished") (NYSE:POL) today announced that it will report third quarter 2023 earnings results after market close on Tuesday, November 14, 2023. The Company will host an investor conference call at 4:30 p.m. ET on the same day to review its results. This call and all supplemental information can be accessed on Polished.com's investor relations site at https://investor.goedekers.com/overview/default.aspx. The phone number for the investor conference call is 1-844-881-0136 (toll-free) or 1-412-902-6507 (international); please ask to join the Polished.com Q3 2023 Earnings Call. If you are unable to participate during the live call, the call will be rec
SC 13G/A - Polished.com Inc. (0001810140) (Subject)
SC 13G - Polished.com Inc. (0001810140) (Subject)
SC 13D/A - Polished.com Inc. (0001810140) (Subject)
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