SFLMaven Continues Notable Trend with $298k in Weekly Sales as Thursday Night Auction Momentum Builds

Rhea-AI Summary

SFLMaven Corp. (OTC Pink: SFLM) reported impressive weekly sales of $298k for the week ending March 3, 2022, primarily driven by its popular Thursday Night Auction, which contributed over $275k. Notable sales included a platinum diamond ring at $5,100 and a diamond tennis bracelet for approximately $4,800. The company is launching a revamped website to enhance its growth, following a 20% increase in sales this year. CEO Joseph Ladin anticipates further gains, supported by recent operational improvements.

Positive

• Total sales reached $298k in the week ending March 3, mainly due to the popular Thursday Night Auction.
• The auction generated over $275k, demonstrating strong sales performance.
• SFLMaven reported a 20% increase in sales year-to-date, indicating robust growth.
• New website and branding efforts aim to boost customer engagement and sales further.

Negative

• None.

FORT LAUDERDALE, FL, March 09, 2022 (GLOBE NEWSWIRE) -- SFLMaven Corp. (OTC Pink: SFLM), ("SFLMaven" or the "Company") (www.sflmaven.com), a leading provider of high-end luxury goods, is pleased to report performance results for the week ended Thursday, March 3, 2022.

In addition, in response to the Company’s bolstered growth in reach and sales volume so far in 2022, SFLMaven is launching a newly revamped website and web presence this week that will include an updated logo.

The Company booked $298k in total sales for the seven days ended March 3. As usual, the Company’s "Famous Thursday Night Auction" event accounted for the vast majority of sales during the week, pulling in more than $275k in sales on the night.

The auction was highlighted by the sale of a Heavy platinum 6.0ct VS1-F diamond eternity band ring for over $5,100 and an 18K WG beautiful 7.54CTW VS graduated diamond tennis bracelet with a 0.65CT center for approximately $4,800. 

“We recently hired a new core team-member and introduced operational measures to step up our execution, which has resulted in roughly a 20% bump in sales so far this year,” noted Joseph Ladin, CEO of SFLMaven. “But there’s more low-hanging fruit on the tree, and we believe we will continue to make gains. Over the past five weeks, we have averaged sales that rival our best ever weeks prior to this year. That trend is set to accelerate this week: Our internal data suggests we are likely to have a record night on Thursday featuring some truly exceptional pieces. Come and see for yourself!”

Visit the Company’s eBay store (www.ebay.com/str/sflmavenantiquesjewelryfineart) for more information or to participate in SFLMaven’s upcoming Famous Thursday Night Auction event.

Follow SFLMaven on social media:

Twitter: @sflmaven
Instagram: sflmaven 

About SFLMaven

SFLMaven Corp. (OTC Pink: SFLM) is a premium provider of high-end luxury goods to a global base of discerning patrons. Famous for its Thursday Night Auction events on its top-rated eBay store, SFLMaven has driven over $140 million in sales since inception, earning more than 100k positive reviews along the way. For more information, please visit the Company's website at www.sflmaven.com.

FORWARD-LOOKING STATEMENTS:

This press release may contain forward-looking statements, including information about management's view of SFLMaven Corp.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words 'believes,' 'expects,' 'intends,' 'plans,' 'anticipates,' or 'may,' and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of SFLMaven, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on SFLMaven's future results. The forward-looking statements included in this press release are made only as of the date hereof. SFLMaven cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SFLMaven undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by SFLMaven.

SOURCE: SFLMaven Corp.

Corporate Contact
info@sflmaven.com

Public Relations
EDM Media, LLC
https://edm.media

Attachments

• SFLMaven Continues Notable Trend with $298k in Weekly Sales as Thursday Night Auction Momentum Builds
• SFLMaven Continues Notable Trend with $298k in Weekly Sales as Thursday Night Auction Momentum Builds

FAQ

What were SFLMaven's sales figures for the week ended March 3, 2022?

SFLMaven reported total sales of $298k for the week ending March 3, 2022, with over $275k generated during its Thursday Night Auction.

What is SFLMaven's recent sales growth trend?

SFLMaven has experienced a 20% increase in sales so far in 2022, compared to the previous year.

What notable items were sold at SFLMaven's auction?

Highlighted sales included a platinum diamond eternity band ring sold for over $5,100 and an 18K diamond tennis bracelet sold for approximately $4,800.

What changes is SFLMaven implementing to boost sales?

SFLMaven is launching a revamped website and updated branding, alongside operational improvements to enhance execution and sales.