---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-044016"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:06:42.410918+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings Q1 revenue up 15% to $14.9M; net loss from continuing ops $11.2M

## Summary
- Revenue $14.9M (+15% YoY); gross profit $5.6M (+13.3%); automotive supplies segment up 41% to $1.8M.
- Net loss from continuing ops $11.2M vs net income $1.2M in Q1 2023, driven by higher professional fees and debt discount amortization.
- LOI to sell 1847 Cabinets for $27.6M (5.91x 2023 EBITDA); expected close within 90 days.
- Non-binding LOI to acquire a Las Vegas millwork/cabinetry/door manufacturer for $16.75M (3.2x 2023 EBITDA).
- Divested Asien's Appliance; recognized $1.1M gain and expects $10.9M annual expense reduction.

## SEC filing metadata
- accession: 0001213900-24-044016
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599407/000121390024044016/0001213900-24-044016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390024044016/ea0206143-8k_1847hol.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-044016
- JSON: https://secwatch.observer/filing/0001213900-24-044016.json
- Plain text: https://secwatch.observer/filing/0001213900-24-044016.txt

## Key facts
- Earnings Releases
  1847 Holdings LLC reported the first quarter ended March 31, 2024 results: revenue $14,913,497.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $14,913,497
  - Result: reported results
  source text: (PRESS RELEASE ISSUED ON MAY 16, 2024) --- EX-99.1 2 ea020614301ex99-1_1847hol.htm PRESS RELEASE ISSUED ON MAY 16, 2024 Exhibit 99.1 1847 Reports 15.0% Increase in Revenue to $14.9 Million for the First Quarter of 2024 Gross profit increases 13.3% in Q1 2024 vs Q1 2023 NEW YORK, NY / ACCESSWIRE / May 16, 2024 / 1847 Holdings LLC ("1847" or the "Company")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390024044016/0001213900-24-044016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.