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Is iPower (IPW) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2024-06-24 14:46
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has iPower Inc. (IPW) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. The Zacks Consensus Estimate for IPW's full-year earnings has moved 50% higher within the past quarter. This means that analyst sentiment is stron ...
iPower Enhances Supply Chain Operations with New Manufacturing Partner in Vietnam
Newsfilter· 2024-06-20 12:30
iPower has commenced operations with its Vietnamese manufacturing partner, with the first purchase order already underway. By sourcing products from Vietnam, the Company will lower product costs and significantly reduce tariffs, enabling iPower to offer more competitive pricing to its customers. "We are pleased to partner with this new manufacturer and expand our operations to Vietnam," said Lawrence Tan, CEO of iPower. "This partnership enables us to offer more cost-effective products to our customers and ...
iPower Enhances Supply Chain Operations with New Manufacturing Partner in Vietnam
GlobeNewswire News Room· 2024-06-20 12:30
iPower has commenced operations with its Vietnamese manufacturing partner, with the first purchase order already underway. By sourcing products from Vietnam, the Company will lower product costs and significantly reduce tariffs, enabling iPower to offer more competitive pricing to its customers. "We are pleased to partner with this new manufacturer and expand our operations to Vietnam," said Lawrence Tan, CEO of iPower. "This partnership enables us to offer more cost-effective products to our customers and ...
iPower Inc. Announces $5 Million Registered Direct Offering
Newsfilter· 2024-06-17 11:45
changes in its expectations, except as may be required by law. Although iPower believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and iPower cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results and performance in iPower's Annual Report on Form 10-K, as filed with the SEC on S ...
iPower Inc. Announces $5 Million Registered Direct Offering
GlobeNewswire News Room· 2024-06-17 11:45
RANCHO CUCAMONGA, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced that it has entered into a definitive securities purchase agreement for the purchase and sale of 2,083,334 shares of the Company's common stock (or common stock equivalents) at a purchase price of $2.40 per share of common stock ...
iPower Expands SuperSuite's Sales Channels with Temu US
Newsfilter· 2024-06-13 12:30
Forward-Looking Statements The integration of Temu into the SuperSuite platform introduces a valuable new sales channel, enhancing iPower's value proposition and expanding its existing offerings. Similar to Amazon, Temu features a broad range of products and presents significant opportunities for future growth. iPower began selling on the platform in April 2024 and has experienced rapid growth over the past two months. RANCHO CUCAMONGA, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iP ...
iPower Expands SuperSuite's Sales Channels with Temu US
GlobeNewswire News Room· 2024-06-13 12:30
Temu will provide iPower's supply chain partners with access to a growing global customer base through the SuperSuite platform. Partners can leverage this greater reach to drive future sales while expanding their presence in their respective market. Investor Relations Contact: The integration of Temu into the SuperSuite platform introduces a valuable new sales channel, enhancing iPower's value proposition and expanding its existing offerings. Similar to Amazon, Temu features a broad range of products and pr ...
Are Consumer Discretionary Stocks Lagging iPower (IPW) This Year?
ZACKS· 2024-06-07 14:41
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has iPower Inc. (IPW) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. iPower Inc. is one of 285 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #10 within the Zacks Sector Rank. The Zacks Secto ...
iPower Enhances SuperSuite Platform Capabilities with Amazon Logistics Services
Newsfilter· 2024-06-06 20:30
iPower will leverage Amazon Logistics Services to bolster its last mile delivery capabilities, enhancing a critical component of SuperSuite's comprehensive supply chain offerings. This collaboration will enable SuperSuite clients to deliver products with the speed, reliability, and efficiency that Amazon is renowned for, adding further depth to SuperSuite's value proposition. Key benefits of this integration include: "The integration of Amazon Logistics Services into the SuperSuite platform elevates our val ...
iPower Enhances SuperSuite Platform Capabilities with Amazon Logistics Services
GlobeNewswire News Room· 2024-06-06 20:30
iPower will leverage Amazon Logistics Services to bolster its last mile delivery capabilities, enhancing a critical component of SuperSuite's comprehensive supply chain offerings. This collaboration will enable SuperSuite clients to deliver products with the speed, reliability, and efficiency that Amazon is renowned for, adding further depth to SuperSuite's value proposition. About iPower Inc. Sean Mansouri, CFA Elevate IR (720) 330-2829 IPW@elevate-ir.com Competitive Rates: Amazon Logistics Services offers ...