Kyle's custom wood shop generated record quarterly billings in the first quarter since being acquired by 1847 holdings

New york, feb. 04, 2021 (globe newswire) -- 1847 holdings llc (otcqb: efsh) (the “company” or “1847 holdings”), a publicly traded, diversified acquisition holding company that leverages its management expertise to acquire lower-middle market businesses at attractive valuations in industries with unique characteristics and defensible market positions, today announced its kyle's custom wood shop (“kcws”) subsidiary, acquired on october 1, 2020, generated record quarterly billings of $1.207 million in the fourth quarter ended december 31, 2020, up 16.8% from $1.034 million in the prior year period. kcws generated billings of $4.3 million for the full fiscal year 2020, the highest annual billings since the company's founding in 1976 and up 4.6% from the prior year.
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