1847 Holdings LLC - EFSH STOCK NEWS

Welcome to our dedicated page for 1847 Holdings news (Ticker: EFSH), a resource for investors and traders seeking the latest updates and insights on 1847 Holdings stock.

1847 Holdings LLC, through its subsidiaries, provides a wide range of products and services for agriculture, construction, lawn, and garden industries in North America. The company operates through two segments: land management services and retail and appliances. The land management services segment offers waste disposal and various agricultural services, such as manure spreading, land rolling, bin whipping, cleaning of bulk storage bins and silos, equipment rental, trucking, vacuuming, building erection, various shop, and other services to local agricultural and farming communities. It also wholesales agricultural equipment and parts. On the other hand, the retail and appliances segment provides appliance services, including sales, delivery/installation, in-home service and repair, extended warranties, and financing to homeowners, builders, and designers. Furthermore, the company designs, builds, and installs custom cabinetry primarily for custom and semi-custom builders. 1847 Partners LLC serves as the manager of 1847 Holdings LLC.

1847 Holdings LLC is a diversified holding company operating in four segments: Retail and appliances, Retail and Eyewear, Construction, and Automotive Supplies. The company mainly generates revenue from the Construction segment. Through its subsidiaries, 1847 Holdings provides various land application services, sells equipment and parts, and focuses on the agricultural, construction, and lawn and garden industries.

09/01/2023 08:30 AM

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1847 Holdings Assists its Subsidiary, Wolo Manufacturing Corp, Expand into India through its Supply Chain Diversification Program

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1847 Holdings LLC's subsidiary, Wolo Manufacturing Corp., expands into India through supply chain diversification program, aiming to reduce reliance on a single source and improve response to supply chain disruptions. India's growing economy and skilled workforce make it a strategic location for the business.

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-4%

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08/31/2023 09:22 AM

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1847 Holdings Announces Successful Restructuring of Promissory Notes to Non-Dilutive Debt Instruments

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1847 Holdings successfully restructures Promissory Notes, reducing equity dilution and improving financial position

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22.55%

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08/30/2023 08:30 AM

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1847 Holdings to Acquire Premier Consumer Products Company with Revenue in Excess of $20 Million and Positive EBITDA in 2022

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1847 Holdings LLC announces acquisition of premier consumer products company without issuing common stock or dilutive equity. Target generated unaudited revenue over $20 million and positive EBITDA in 2022. Acquisition expected to be completed by Q3 2023. CEO expects higher sales and margins, cross-selling opportunities. Restructuring convertible notes and BB+ rating on senior credit facility expected to enhance capital structure. Plans to resume dividends and stock buybacks in the future. CEO's purchase of company shares shows confidence in business outlook.

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5.15%

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08/25/2023 06:50 PM

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1847 Holdings is Evaluating Options for Non-Dilutive Restructuring of Convertible Debt

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1847 Holdings plans non-dilutive debt restructuring to counter stock price decline caused by note conversions and share sales.

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-5.17%

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08/14/2023 03:36 PM

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1847 Reports on Ongoing Investigation into Potentially Improper and Illegal Trading Activity in the Company’s Common Stock

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1847 Holdings LLC announces an ongoing investigation into potentially improper and/or illegal trading activities, including naked short selling, of the Company's common stock.

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-11.35%

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08/14/2023 09:40 AM

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1847 Reports 50.4% Increase in Revenue to $19.4 Million for Q2 2023

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1847 Holdings LLC (EFSH) reports a 50.4% YoY increase in total revenue for Q2 2023, reaching $19.4M. Gross profit also rose by 37.9% compared to Q2 2022. The company reaffirms its guidance of revenue exceeding $90 million for 2023.

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-11.35%

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08/14/2023 09:00 AM

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1847 Secures Additional Unsecured Debt Financing with Institutional Investors to Accelerate Growth

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-11.35%

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08/11/2023 08:30 AM

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1847 Holdings Appoints Finance Veteran Michele A. Chow-Tai as Independent Director

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1.09%

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08/09/2023 09:30 AM

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1847 Holdings to Provide Business Update and File its Quarterly Report for the Second Quarter of 2023 on August 14th Post-Market

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1847 Holdings LLC plans to provide a business update and file the Company's quarterly report on Form 10-Q for the second quarter ended June 30, 2023 with the SEC after the market close on August 14, 2023.

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3.21%

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07/27/2023 10:15 AM

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1847 Holdings’ Subsidiary 1847 Asien Inc. Engages Spartan Capital to Explore Strategic Alternatives Aimed at Maximizing Value for Shareholders

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2.94%

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FAQ

What is the current stock price of 1847 Holdings (EFSH)?

The current stock price of 1847 Holdings (EFSH) is $0.24 as of December 23, 2024.

What is the market cap of 1847 Holdings (EFSH)?

The market cap of 1847 Holdings (EFSH) is approximately 3.7M.

What products and services does 1847 Holdings LLC provide?

Through its subsidiaries, 1847 Holdings LLC offers a wide range of products and services for agriculture, construction, lawn, and garden industries in North America.

In how many segments does 1847 Holdings LLC operate?

1847 Holdings LLC operates in two segments: land management services and retail and appliances.

What is the main focus of the land management services segment of 1847 Holdings LLC?

The land management services segment of 1847 Holdings LLC provides waste disposal, various agricultural services, and wholesales agricultural equipment and parts.

What services are offered by the retail and appliances segment of 1847 Holdings LLC?

The retail and appliances segment of 1847 Holdings LLC provides appliance services, including sales, delivery/installation, in-home service and repair, extended warranties, and financing.

Who serves as the manager of 1847 Holdings LLC?

1847 Partners LLC serves as the manager of 1847 Holdings LLC.

What are the main segments of operation for 1847 Holdings LLC?

1847 Holdings LLC operates in four segments: Retail and appliances, Retail and Eyewear, Construction, and Automotive Supplies.

How does 1847 Holdings LLC generate revenue?

1847 Holdings LLC generates maximum revenue from the Construction segment.

What is the investment thesis of 1847 Holdings LLC?

1847 Holdings LLC's investment thesis is to acquire businesses deemed 'solid' for reasonable multiples of cash flow, improve operations, and potentially sell or hold operating subsidiaries.

What strategic initiatives has 1847 Holdings LLC recently undertaken?

1847 Holdings LLC has executed a non-binding Letter of Intent to sell 1847 Cabinets Inc., initiated diversification and expansion of partnerships, divested certain business lines, and engaged in restructuring and debt repayment activities.

Who founded 1847 Holdings LLC?

1847 Holdings LLC was founded by Ellery W. Roberts, a former partner of Parallel Investment Partners, Saunders Karp & Megrue, and Principal of Lazard Freres Strategic Realty Investors.