Westwing Group SE Reports Earnings Results for the First Quarter Ended March 31, 2024
May 06, 2024 at 11:29 pm EDT
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Westwing Group SE reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was EUR 108.6 million compared to EUR 102.9 million a year ago. Net loss was EUR 1.9 million compared to net income of EUR 0.9 million a year ago.
Westwing Group SE is a Germany-based company specializing in the home and living e-commerce sector. The Company offers a broad range of home products, which include home decor products, home accessories, textiles and rugs, and large and small furniture, such as living and dining furniture, upholstery, and bedroom furniture, as well as kitchen and dining, lighting, and other products under own private label and third-party brands. It cooperates with more than 500 partners, including designer brands, manufacturers, and suppliers, such as KitchenAid, Flos, Nespresso, jankurtz, Jonathan Adler, hessnatur, among others. The Company is active in 11 European countries, including Germany, Austria, Switzerland, Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia.