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Polaris Media - POL STOCK NEWS

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

Polished.com Inc. (NYSE: POL), the St. Louis-based appliance retail leader since 1951, maintains this dedicated news hub for investors and industry observers. Access real-time updates on corporate developments, financial performance, and strategic initiatives from one of America's largest independent home goods retailers.

This comprehensive resource aggregates official announcements including quarterly earnings reports, product line expansions, and partnership updates with major brands like GE and Samsung. Track the company's progress in maintaining its market position while adapting to evolving consumer needs in the appliance sector.

Key coverage areas span executive leadership decisions, e-commerce growth metrics, sustainability initiatives, and inventory management innovations. Subscribers and shareholders can monitor how POL's core values of service and integrity translate to modern retail challenges.

Bookmark this page for streamlined access to POL's latest regulatory filings, press releases, and market analyses. Check back regularly to stay informed about this established retailer's navigation of competitive landscapes and emerging home goods trends.

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Polished.com Inc. (POL) has suspended its operations and plans to file for Chapter 7 bankruptcy. Despite efforts to raise capital, the company could not secure additional financing.
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Polished.com Inc. revises fiscal year 2023 net sales and EBITDA guidance due to macroeconomic headwinds impacting consumer discretionary spending. The company now expects net sales between $315 million and $325 million, lower than the previous estimate of $330 million to $350 million, with EBITDA below the previous low single-digit margins. Additionally, the company faces challenges with its May 2022 Credit Agreement, receiving a Notice of Acceleration from lenders due to non-payment of principal, interest, and fees. The company is working towards a resolution with the lenders to address these defaults.
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Polished.com Inc. (POL) recently announced the results of its Annual Meeting of Stockholders, with a total of 1,134,678 shares represented, constituting a quorum. Stockholders voted to re-elect all eight nominees to the Board of Directors and to ratify the appointment of Sadler, Gibb & Associates, LLC as the independent registered public accounting firm for the fiscal year ending December 31, 2023.
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Polished.com Inc. (NYSE: POL) is a content-driven and technology-enabled shopping destination for appliances, furniture, and home goods in the U.S. household appliances market. The company has scheduled its annual meeting of stockholders for January 30, 2024, to address non-compliance with NYSE American Company Guide Section 704.
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Polished.com Inc. (POL) released a statement regarding recent market activity, confirming no undisclosed material change or development in its business. The New York Stock Exchange contacted the Company due to unusual market activity.
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Polished.com Inc. (POL) has extended its loan agreement through November 30, 2024 and provided updated guidance for fiscal year 2023. The company reported a net product sales decline for the third quarter of 2023, with gross profit margin improvements compared to the prior year. Net loss for the quarter was $6.6 million, and adjusted EBITDA was ($0.8) million. The CEO highlighted the focus on stable margins and operating expenses, with strategic levers in place for stronger profitability and sustainable cash flow in 2024. The company also secured an amendment to its credit agreement and expects net sales between $330 million and $350 million for 2023, with low-single-digit EBITDA margins.
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Polished.com Inc. (POL) Postpones Q3 Earnings Release and Conference Call
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Polished.com Inc. (NYSE American: POL) will report its third quarter 2023 earnings results on November 14, 2023, after market close. The company will host an investor conference call at 4:30 p.m. ET on the same day to review the results. The call can be accessed on Polished.com's investor relations site. The recorded call will also be available on the company's website.
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Polished.com Inc. announces 1-for-50 reverse stock split to regain compliance with NYSE American listing requirements.
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Polished.com Inc. announces AppliancesConnection.com has been awarded on Newsweek's list of America’s Best Online Shops 2024.
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Polaris Media

NYSE:POL

POL Rankings

POL Stock Data

3.84M
7.97M
15.07%
5.65%
2.5%
Specialty Retail
Consumer Cyclical
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United States
Brooklyn