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Aterian Announces Exclusive Prime Day Deals Across Six Leading Brands
Globenewswire· 2025-07-07 20:15
Core Insights - Aterian, Inc. has launched its Prime Day lineup featuring discounts of up to 36% on products from six e-commerce brands [1][2] - The Prime Day deals will be available from July 8th to July 11th, while supplies last [2] Product Offerings - Featured brands include hOmeLabs, Squatty Potty, PurSteam, Mueller Living, Healing Solutions, and Photo Paper Direct, offering a range of home and wellness products [1][12] - hOmeLabs offers smart dehumidifiers with discounts of 21% and 15% on models originally priced at $269.99 and $179.99 respectively [7] - Squatty Potty features a Simple Stool at 32% off, originally priced at $24.99, now available for $16.99 [4] - PurSteam provides steam cleaning solutions with discounts on products like the 1750W Steam Iron and Therma Pro Steam Mop [8][5] - Mueller Living showcases kitchen appliances, including a Hand Blender at 32% off, originally priced at $34.99, now $23.73 [9] - Healing Solutions offers essential oils, with a 20% discount on a 16 oz Eucalyptus Essential Oil, originally $26.99, now $21.59 [10] - Photo Paper Direct features printable fabric sheets at 26% off, originally priced at $14.99, now $11.04 [11] Company Overview - Aterian, Inc. is a consumer products company that builds and acquires leading e-commerce brands across various categories, including home and kitchen appliances, health and wellness, and air quality devices [12] - The company sells products through major online marketplaces such as Amazon, Walmart, and Target, as well as its own direct-to-consumer websites [12]
Aterian Expands Omnichannel Reach with Product Launches on Temu
Globenewswire· 2025-06-18 12:30
New digital shelf space opens doors for accelerated consumer access and visibility SUMMIT, N.J., June 18, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER), a consumer products company, today announced the launch of select products from its flagship brands—including Squatty Potty, hOmeLabs, Healing Solutions, Mueller Living, and PurSteam—on Temu, a global e-commerce marketplace with a fast-growing U.S. customer base. Each of these products became available on Temu during the second quarter of 2025. Ater ...
Aterian Reports 2025 First Quarter Financial Results
Globenewswire· 2025-05-14 20:05
Core Insights - Aterian, Inc. announced a cost optimization plan aimed at reducing annual spending by approximately $5 - $6 million, alongside updates on tariff mitigation strategies [1][7]. Financial Performance - For Q1 2025, net revenue was reported at $15.4 million, down from $20.2 million in Q1 2024, primarily due to SKU rationalization and changes in Amazon's affiliate program [5]. - Gross margin decreased to 61.4% from 65.1%, while contribution margin fell to 13.4% from 14.1% [5][34]. - Operating loss improved to $(3.7) million from $(5.3) million, and net loss narrowed to $(3.9) million from $(5.2) million [5][37]. - Total cash balance decreased to $14.3 million from $18.0 million at the end of 2024 [5]. Tariff Mitigation Initiatives - The company is focusing on reducing fixed costs, diversifying manufacturing, and strategically raising prices to mitigate tariff impacts [3][6]. - A new goal has been established to manufacture no more than 30% of goods from China by the end of 2025, an improvement from the previous target of less than 40% by the second half of 2026 [6]. Cost Optimization Plan - The cost optimization plan is expected to generate $5 - $6 million in pre-tax savings, with $5 million anticipated by the end of 2025 [7]. - The company estimates incurring approximately $2.3 million in costs associated with the implementation of this plan [7]. Guidance Commentary - Due to significant uncertainty in the economic landscape, the company has withdrawn its previously issued net revenue and Adjusted EBITDA guidance for 2025 [8].