Westwing Group SE Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 02:03 am
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Westwing Group SE reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 88.3 million compared to EUR 103.2 million a year ago. Net loss was EUR 11.4 million compared to EUR 8.7 million a year ago.
For the nine months, sales was EUR 302.4 million compared to EUR 373.4 million a year ago. Net loss was EUR 23.9 million compared to net income of EUR 4.2 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.
WESTWING GROUP SE 
