SAN DIEGO, May 26, 2020 /PRNewswire/ -- Last week the NPD
Group released U.S. retail sales data showing record April 2020 results for the market and for leading
gaming headset and accessory brand Turtle Beach (Nasdaq: HEAR).
According to NPD Group, U.S. retail sales in the Accessories and
Game Card category reached an all-time high, and U.S. retail sales
in the same period for headsets significantly exceeded the previous
high set in April 2018 during the
onset of Fortnite mania. Similarly, Turtle Beach's
April 2020 retail sales were more
than double the brand's prior all-time high from April 2018.
Additional NPD Group April 2020
retail sales data highlights:
- All 7 top-selling headsets, and 8 of the top-10 best-selling
headsets YTD in 2020 were from Turtle Beach.
- Turtle Beach's Recon 70 for Xbox One was the
best-selling gaming headset by units for April 2020 and YTD in 2020.
- Turtle Beach's Stealth 600 for Xbox One continues
to be the best-selling headset by revenue YTD in 2020.
"The strong sales trends we saw in March continued with
April 2020 U.S. retail sales more
than double our prior record April
2018, and more than triple the amounts of April 2019*," said Juergen Stark, CEO, Turtle Beach. "We believe
that the combination of increased gaming activity, distance
learning, and work-from-home continued to drive high levels of
demand for headsets. Our ability to obtain greater capacity for
both manufacturing and shipping, along with a further increase in
market share have led to a very strong April for us."
Turtle Beach's Recon 70 has been a top performer
since it launched last April and was just recently highlighted by
IGN as the "Best Multiplatform Budget Gaming Headset of 2020." The
latest Silver and Camo colorways make
nine total Recon 70 options for gamers to choose
from, each one delivering the immersive sound, lightweight comfort,
and multiplatform compatibility that gamers expect.
Originally launched in 2017, Turtle Beach's wireless
Stealth 600 gaming headsets deliver premium wireless
surround sound on Xbox One and PS4™ at a great price. The
Stealth 600 series has been lauded by consumers and
press alike based on its wireless high-quality sound performance
and comfort at its $99.95 MSRP, and
Wired named both the Xbox One and PS4 versions as "Best Wireless
Gaming Headsets" this past fall.
For more information on the latest Turtle Beach products and
accessories, visit www.turtlebeach.com and be sure to
follow Turtle Beach on Facebook, Twitter and Instagram.
About Turtle Beach Corporation
(www.turtlebeach.com) is a leading gaming audio and accessory
brand, offering a wide selection of cutting-edge, award-winning
gaming headsets. Whether you're a professional esports athlete,
hardcore gamer, casual player, or just starting out, Turtle Beach
has the gaming headset to help you truly master your skills.
Innovative and advanced technology, amazing high-quality gaming
audio, crystal-clear communication, lightweight and comfortable
designs, and ease-of-use are just a few features that make Turtle
Beach a fan-favorite brand and market leader in console audio for
10 years running. In 2019 Turtle Beach acquired ROCCAT, a leading
PC accessories brand that combines detail-loving German innovation
with a genuine passion for designing the best PC gaming products.
Under the ROCCAT brand, Turtle Beach provides award-winning
keyboards and mice for PC gamers. Turtle Beach's shares are traded
on the Nasdaq Exchange under the symbol: HEAR.
*Source: The NPD Group/Retail Tracking
2019 – March 2020; YTD
April 2020 and April 2020
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and strategy will be realized. Numerous factors, including risks
and uncertainties, may affect actual results and may cause results
to differ materially from those expressed in forward-looking
statements made by the Company or on its behalf. Some of these
factors include, but are not limited to, risks related to the
substantial uncertainties inherent in the acceptance, and sales, of
existing and future products of the Company, including Recon 70 and
Stealth 600, general business and economic conditions, including
the impact of the global COVID-19 pandemic on consumer demands and
manufacturing, supply chain management and distribution
capabilities, risks relating to and uncertainly caused by or
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commercializing and protecting new technology, the impact of
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acquire and the integration of such businesses within our internal
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the Company's liquidity, and other factors discussed in our public
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most recent Annual Report on Form 10-K, Quarterly Report
on Form 10-Q, and the Company's other periodic reports.
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SOURCE Turtle Beach Corporation