iRobot sweeps through congestion, pivots to Malaysia — Panjiva
MENU

iRobot sweeps through congestion, pivots to Malaysia

China 3053 Cons. Discr. - Durables 575 Earnings 759 Malaysia 161 Quote Watch 452 U.S. 5404

Cleaning equipment maker iRobot reported revenue growth of 30.6% year over year in Q2’21, supported by a 152.7% surge in U.S. seaborne imports linked to the firm. That growth has come at the expense of “increasing costs for ocean transportation, sourcing materials on the open market, increased raw material costs, as well as increased air freight” according to CFO Julie Zeller. The “supply chain constraints and cost headwinds are temporary” according to CEO Colin Angle. Nonetheless, the company appears to have had to deal with the closure of Yantian port in China, whi...

Copyright © 2026 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.