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Zagg up 2.9% after announcing Carphone Warehouse deal

Jul. 13, 2015 12:17 PM ETZAGG Inc (ZAGG) StockBy: Eric Jhonsa, SA News Editor
  • NASDAQ:ZAGG has formed a "category captain partnership" with major U.K. mobile retailer Carphone Warehouse, through which Carphone "will carry and display a broad assortment" of Zagg InvisibleShield screen protectors. Zagg screen protectors will be offered at all Carphone stores.
  • Screen protectors, which carry higher margins than other Zagg accessories (keyboards, cases, etc.), accounted for 63% of Zagg's Q1 revenue - strong iPhone 6 and Galaxy S6 demand fueled much of the growth - but have been expected to fall back to a "40 to mid-40s" revenue share.
  • Q2 results are due on Aug. 4.

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