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Black Friday weekend sales update

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    LIFX Announces Black Friday / Cyber Monday Weekend Sales
    Growth in U.S., Australia and Europe
    SUMMARY
    • LIFX Australia has seen its most successful Black Friday/Cyber Monday (“BFCM”) sales
    period, with unit sell-through growth of 79% over 2020, and 23% over 2019
    • BFCM holiday sales in the U.S. were up slightly (up 1%) on a unit sell-through basis, but
    this is a strong result given promotional discounting was materially cut back from prior
    years, yielding greater net contribution margins to the business
    • Amazon US sales were particularly strong, with LIFX’s top three promoted SKUs
    growing 26% in November versus Amazon Prime Day month; LIFX Clean was a strong
    performer with sell-through growth of 116% in BFCM over Amazon Prime Day
    • Amazon Europe November sales were up 22% over 2019 (the last comparable period),
    a healthy start to the European holiday sales period which culminates in Boxing Day
    and New Year sales at the end of the month
    • LIFX’s online retail channels grew BFCM holiday weekend revenue 412% year over year
    in Australia, and 242% year over year in the U.S.
    13 December 2021 - Adelaide, Australia
 
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