While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. BIRD meets this criterion too, as the stock gained 4.7% over the past 12 weeks. Moreover, the momentum for BIRD is fast paced, as the stock currently has a beta of 1.75. This indicates that the stock moves 75% higher than the market in either direction. Given this price performance, it is no surprise that BIRD has a Momentum Score of B, which indicates that this i ...

SAN FRANCISCO, July 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that its second quarter 2024 financial results will be released after market close on Wednesday, August 7, 2024. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the conference call will be available on the Allbirds ...

SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that Jason Israel has been named VP of Design, effective June 1. Israel reports to Chief Design Officer, Adrian Nyman. Nyman and Israel – alongside the recent addition of a new Color & Materials leader, Ailsa Cordon-Michell, formerly of The North Face and Burberry – further strengthen Allbirds's product team, focu ...

"We are thrilled to have Jason join our design team at this pivotal time for Allbirds, when product and storytelling are paramount to our return to growth," said Joe Vernachio, CEO. "He is already bringing a passion for beautiful and innovative design to the business. We look forward to benefiting from his expertise as we focus on our new product strategy that builds upon Allbirds' core product franchises." Based in San Francisco, with its roots in New Zealand, Allbirds launched in 2016 with a single shoe: ...

High-risk penny stocks are known for their volatility. They often feature low trading volumes, minimal prices and unstable financial and fundamental standings. This makes them more volatile than larger-cap stocks. However, for savvy investors, high-risk penny stocks can provide a pathway to substantial returns on a relatively small initial investment. Allbirds (BIRD) First, Allbirds has strength in the U.S. sneaker market, holding 2% of the national market share, which seems slim but significant considering ...

With the latest agreements, Allbirds has now secured partnerships with eight international distributors. This follows successful deals in 2023 with Canada and South Korea, and earlier this year with Japan, Australasia, Gulf Countries and Southeast Asia. These strategic moves underscore the company's dedication to building a robust global presence. Management is thrilled to partner with leading distributors, as these agreements cover 11 countries and signify ongoing progress in adopting a distributor model a ...

"We're delighted to be working with best-in-class distributors to grow the Allbirds brand in these European geographies," said Annie Mitchell, Chief Financial Officer of Allbirds. "These agreements span 11 countries and mark continuing progress in our strategic shift to a distributor model across key international geographies." "We are proud to be partnering with Allbirds," said Kristian Bloem, CEO of Authentic Brands. "Allbirds is a brand we have been following from the start, and we are excited to present ...

This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's ...

Ladies and gentlemen, this concludes today's conference call. Thank you for your participation. You may now disconnect. Christine Greany Good afternoon everyone and thank you for joining us. With me on the call today are Joe Vernachio, CEO; and Ann Mitchell, CFO. Please refer to our SEC filings, including our annual report on Form 10-K for the year ended December 31, 2023, for a more detailed description of the risk factors that may affect our results. With that, I will turn the call over to Joe to begin th ...

Strategic Transformation Plan Table of Contents store openings, closing certain stores that do not meet our profitability targets, and investing in corporate and retail store talent and store marketing. As of March 31, 2024, we had completed all planned new store openings and we continue to evaluate ways to optimize our existing store fleet, which includes the planned closure of 10-15 stores in 2024. We closed three stores during the three months ended March 31, 2024. Ability to Increase Brand Awareness and ...