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iRobot Earnings: 3 Trends to Watch

TheMotleyFool

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iRobot (NASDAQ: IRBT) stock price surged in 2020 after an initial sales slump from the pandemic gave way to surging demand for its premium robotic vacuum cleaners. Consumers prioritized spending on home maintenance last year, and federal stimulus checks supported that bigger budget.

CEO Colin Angle and his team back in February projected that iRobot's momentum will carry on into 2021 even as the pandemic threat fades and spending patterns fall back to normal levels.

That bright outlook will be put to the test when iRobot reports fiscal first-quarter results in just a few days. Let's look at the standout numbers to follow in that announcement, set for Tuesday, April 27.

Source Fool.com

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