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...
by Peter Giannetti | Aug 7, 2024 | Appliances, Home + Housewares, Vacuum Cleaners
Robotic cleaning appliance specialist iRobot Corp named corporate restructuring veteran Jeffrey Engel president and COO. Engel’s appointment comes as iRobot Corp., maker of Roomba and Braava robotic floor cleaners, announced a 29% year-over-year decline in revenue and...