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NOGNW Stock News, Oct-Nov 2022

NOGNW NASDAQ
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Nogin (Nasdaq: NOGN, NOGNW) announced a conference call scheduled for November 14, 2022, at 4:30 p.m. Eastern time to discuss its fiscal third quarter results ending September 30, 2022. The financial results will be shared via a press release ahead of the call, which will include a presentation and a Q&A session.

The company specializes in Commerce-as-a-Service (CaaS) technology for direct-to-consumer brands, boasting an average 40% growth in annual gross merchandise value (GMV) in its first year with clients.

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Nogin has launched new features on its Nogin Commerce Platform aimed at enhancing direct-to-consumer (D2C) ecommerce. Key updates include machine learning customer segmentation and smart sort merchandising, both designed to improve customer experiences and increase profitability. As the holiday ecommerce season is projected to grow by 15.5% to $236 billion, these enhancements help brands optimize targeting and conversion rates. Nogin's technology positions brands competitively against larger online retailers during this crucial selling period.

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Nogin (Nasdaq: NOGN) has partnered with international footwear brand Matisse to enhance its online fulfillment operations using Nogin’s SmartShip program. This technology streamlines order, inventory, shipping, and logistics, allowing Matisse to improve customer service without re-platforming. Matisse’s CEO, Michael Katz, highlighted the solution's capability to support their growth and distribution maturity. Nogin aims to simplify ecommerce logistics, enabling brands like Matisse to concentrate on delivering top-quality products.

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