Casper Reports Record Revenues

Mattress retailer Casper Sleep Inc. (New York) reports its North American revenue is up 46 percent to an all-time quarterly high of $151.8 million, according to a press release. North Amerian retail partnership revenue was up 78.9 percent to $52.2 million.

“More than ever, our teams are focused on serving our customers and retail partners while effectively managing through these dynamic market conditions. Our momentum remains strong, and our brand is resonating with consumers, who are both spending more time at home and assigning greater value to rest and wellness,” said CEO Philip Krim. “As consumers’ shopping habits become increasingly bifurcated, we are confident that we can further leverage the growing appeal of our in-person shopping opportunities in combination with the convenience of our e-commerce platform.”

On top of record growth, the retailer has increased gross profit by 27.1 percent to 72.5 million in the second quarter of 2021.