Harris Technology (ASX:HT8) reaps $729K in sales over Amazon’s recent shopping frenzy
ASX:HT8 MCAP $52.27M
CEO, Garrison HuangSource: ARNet
· IT and electronic goods company Harris Technology (HT8) achieved $729,000 over Amazon Australia's Black Friday and Cyber Monday trading period
· Importantly, Black Friday and the Saturday broke the daily sales record in the company's history
· To put things into context, Amazon Australia's average daily sales in November was $67,000 prior to the event
· In light of this and of the upcoming Christmas and Boxing Day shopping season, Harris Tech has leased another warehouse
· The extra space will allow it to hold more inventory required to meet the growing demand for its products
· Harris Technology's shares are down 4.88 per cent and are trading at 19.5 cents
Harris Technology (HT8) has reported exceptional sales figures for Amazon Australia's Black Friday and Cyber Monday trading period.
In total, the online IT and electronic goods company racked up $729,000 over four days.Broken down, Harris Tech reported $235,000 on November 27, $273,000 on the 28th, $103,000 on the 29th and $118,000 on November 30.
Read the full article on The Market Herald
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