“Guitars were no longer the priority”: Fender had $100 million worth of retail sales canceled in 2022

Fender amps – the firm's CFO Matt Janopaul says the firm lost $100 million in orders in 2022
(Image credit: Richard A. Brooks / Getty Images)

Fender’s CFO Matt Janopaul has revealed that in 2022 the electric guitar giant had to deal with almost $100 million worth of canceled orders. 

Most players know by now that one of the few upsides of the pandemic was a boom in guitar sales. Indeed, after some years on the wane, guitar sales returned to their highest figures since the ’60s Beatlemania boom

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Matt Parker
Features Editor, GuitarWorld.com

Matt is Features Editor for GuitarWorld.com. Before that he spent 10 years as a freelance music journalist, interviewing artists for the likes of Total Guitar, Guitarist, Guitar World, MusicRadar, NME.com, DJ Mag and Electronic Sound. In 2020, he launched CreativeMoney.co.uk, which aims to share the ideas that make creative lifestyles more sustainable. He plays guitar, but should not be allowed near your delay pedals.