by Mike Duff | May 7, 2025 | Retail Articles
As it conducts a strategic review of business alternatives, iRobot sales slid in the first quarter and fell into the red. Net loss was $87.3 million, or $2.84 per diluted share, versus net income of $8.6 million, or 30 cents per share, in the year-previous quarter....
by Mike Duff | Mar 12, 2025 | Appliances, Home + Housewares, Vacuum Cleaners
Robotic cleaning appliance company iRobot announced it would undertake a strategic review of alternatives to move the operation forward after reporting a sales decline and continuing losses in its fourth quarter. The iRobot board of directors has begun a formal...
by Mike Duff | Jan 13, 2025 | Appliances, Home + Housewares, Vacuum Cleaners
iRobot Corp. reported preliminary financial results for the fourth quarter ended December 28, 2024, stating it expects to post revenue of $171 million, GAAP operating loss of $59 million and non-GAAP adjusted operating loss of $47 million when the company announces...
by Chandler Harvey | Nov 26, 2024 | Appliances, Cleaning Tools, Cookware, Cutlery, Featured News, Home + Housewares, Home Environment, Kitchen Electrics, Kitchenware, Organization & Cleaning, Personal Care & Wellness, Vacuum Cleaners
Each year, Forbes selects top products across nine categories — including kitchen, beauty, fashion, tech and travel — with many housewares products highlighted among them. The products are chosen using criteria such as quality, value, user convenience based on...
by Mike Duff | Nov 7, 2024 | Appliances, Home + Housewares, Vacuum Cleaners
Although revenues were soft, iRobot announced adjusted earnings that beat a Wall Street estimate as CEO Gary Cohen said changes made in the company’s turnaround effort have achieving positive results. Net loss was $6.4 million, or 21 cents per diluted share, versus...
