The company is in serious trouble.
As if having the planet drown in a giant pile of plastic pollution wasn't enough.
"This includes inventory that the Company intends to eliminate in the first half of 2023 to reduce fulfillment costs by managing inventory levels to align with the operating capacity of our distribution center," areads. "This is expected to result in a write down in the first half of 2023 of approximately $30 to $36 million."
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