eve Sleep PLC - London-headquartered sleep wellness brand - During Black Friday month, the company's UK e-commerce channel achieves sales order growth of 4% year-on-year, and 64% when compared to the comparative period in 2019.
Meanwhile, the bedroom furniture category in November reported a 14% rise in sales, while in the Mattresses unit, hybrid mattresses continued to be the strongest performer.
"Following a strong Black Friday trading period and positive signs for Christmas, eve is on-course for a second consecutive year of revenue growth, demonstrating that our recovery is both sustainable and built on strong foundations. Our initial brand expansion beyond mattresses into bedframes is beginning to make a material contribution to revenue, and our wider ranges have continued to expand, further cementing our position as a sleep wellness brand, with recent additions including a non-alcoholic plant based three spirit nightcap drink, the gingko baton low glow night light and a range of CBD oils," says Chief Executive Officer Cheryl Calverley.
Current stock price: 2.92 pence, up 17% on Monday
Year-to-date change: down 41%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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