STOCK TITAN

Newegg to Activate Eighth Annual FantasTech Sales Event with Deep Savings Starting July 5

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Newegg Commerce announced its eighth annual FantasTech Sale, with the Pre-Sale starting on July 5 and the main sale from July 11-15. Customers can expect deals similar to Black Friday focused on tech products like PC components and entertainment systems. The FantasTech Price Protection ensures that if a customer's purchase price is higher than the sale price later, they receive a refund for the difference. The promotions are available in the U.S. and Canada.

Positive
  • FantasTech Sale expected to boost sales and engagement.
  • Price Protection promotion enhances customer satisfaction and trust.
Negative
  • None.

Customers can get excited early with FantasTech Pre-Sale offers

FantasTech official sale begins July 11

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)-- Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced that its eighth annual FantasTech sales event will take place this July, with the Pre-Sale beginning on July 5 and the official Sale running from July 11-15. The annual event features Black Friday-type offers focusing on PC components, computer systems, entertainment and other tech-related products.

Newegg's FantasTech Sale is back in 2022 with low prices on tech products in July. (Graphic: Business Wire)

Newegg's FantasTech Sale is back in 2022 with low prices on tech products in July. (Graphic: Business Wire)

All FantasTech Pre-Sale products will remain on sale until the end of the official FantasTech Sale.

Returning from last year’s FantasTech Sale, the FantasTech Price Protection locks in the lowest prices for certain eligible products listed with the price protection promotion during the FantasTech Pre-Sale. If during the official FantasTech Sale a price on a price protection promoted product drops lower than the price at which a customer purchased it during the FantasTech Pre-Sale, then the customer will receive an automatic discount equal to the price difference.

“We worked really hard with our sellers and vendor partners to secure incredible FantasTech deals for our customers. We’re looking forward to seeing the continued success of our annual FantasTech Sale, which we expand each year,” said Benny Tam, Vice President of Category Marketing and Merchandising for Newegg. “Customers can expect daily surprises during the Pre-Sale lead-up, and when the official FantasTech Sale begins on July 11, we expect even more engagement since the offerings are really special. In addition, we are bringing back FantasTech Price Protection for these deals to ensure our FantasTech Pre-Sale customers benefit from the main event.”

Newegg’s eighth annual FantasTech Pre-Sale and Sale promotions are offered in the United States on Newegg.com and in Canada on Newegg.ca.

About Newegg

Newegg Commerce, Inc. (NASDAQ: NEGG), founded in 2001 and based in the City of Industry, Calif., near Los Angeles, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information: Newegg.com.

Follow Newegg on Twitter, TikTok, Instagram, Facebook, YouTube, Twitch and Discord.

This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Newegg believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. The Company's SEC filings are available at http://www.sec.gov.

Media:

Eric Wein

Newegg

eric.j.wein@newegg.com

626-271-1420, ext. 22619

Investor Relations:

Lena Cati

The Equity Group Inc.

lcati@equityny.com

212-836-9611

Source: Newegg Commerce, Inc.

FAQ

What dates does Newegg's FantasTech Sale take place?

Newegg's FantasTech Sale runs from July 11 to July 15, with a Pre-Sale starting on July 5.

What products are featured in Newegg's FantasTech Sale?

The FantasTech Sale features a range of tech products, including PC components, computer systems, and entertainment items.

How does Newegg's FantasTech Price Protection work?

The Price Protection locks in the lowest prices for eligible products, refunding the difference if prices drop during the official sale.

Where can customers access the FantasTech Sale?

The FantasTech Sale is available on Newegg.com for customers in the United States and Newegg.ca for customers in Canada.

What is the expected impact of the FantasTech Sale on Newegg's stock?

The FantasTech Sale is expected to enhance customer engagement and potentially boost sales, positively influencing Newegg's stock performance.

Newegg Commerce, Inc. Common Shares

NASDAQ:NEGG

NEGG Rankings

NEGG Latest News

NEGG Stock Data

226.74M
23.89M
93.84%
0.26%
0.28%
Internet Retail
Surgical & Medical Instruments & Apparatus
Link
United States of America
HAIDIAN DISTRICT, BEIJING