ALLBIRDS REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Continues to Advance its Strategic Transformation Plan SAN FRANCISCO, Calif., May 8, 2024 (GlobeNewswire) – Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the first quarter ended March 31, 2024. • First quarter net revenue decreased 27.6% to $39.3 million versus a year ago, within the Company's guidan ...

SAN FRANCISCO, April 22, 2024 (GLOBE NEWSWIRE) -- Allbirds's latest launch just touched down: The Tree Runner Go. This addition to Allbirds's Tree franchise comes with an elevated design, extra cushioning, and improved durability, all packaged in a light, breezy material that's great for when you're on the go. The Tree Runner Go draws inspiration from the company's best-selling silhouette, the Tree Runner, with multiple new innovations and upgrades, including: Breathable upper for when adventures heat up: A ...

SAN FRANCISCO, April 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ:BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that its first quarter 2024 financial results will be released after market close on Wednesday, May 8, 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 wil ...

Footwear brand to enter two new geographic regionsFinalizes agreements that cover the Gulf Countries and Southeast Asia SAN FRANCISCO, March 20, 2024 (GLOBE NEWSWIRE) -- Allbirds Inc (NASDAQ:BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, has signed definitive agreements with distributors in the Gulf Countries and Southeast Asia. With these agreements, Allbirds has now completed deals with six international distrib ...

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Allbirds, Inc. (BIRD) came out with a quarterly loss of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Allbirds, Inc., which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $71.99 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 4.52%. Th ...

Company Participants Joseph Zwillinger - Chief Executive Officer Annie Mitchell - Chief Financial Officer Katherine Delahunt - Morgan Stanley Dylan Carden - William Blair Tom Nikic - Wedbush Operator Christine Greany These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially. Please also note that these forward-looking statements reflect our opinions only as of the date of this call, and we undertake no obligation to revise any statement ...

Allbirds, Inc. (BIRD) reported $71.99 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 14.5%. EPS of -$0.25 for the same period compares to -$0.15 a year ago.The reported revenue represents a surprise of +4.52% over the Zacks Consensus Estimate of $68.88 million. With the consensus EPS estimate being -$0.22, the EPS surprise was -13.64%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...

Allbirds, Inc. (BIRD) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.64%. A quarter ago, it was expected that this company would post a loss of $0.21 per share when it actually produced a loss of $0.21, delivering no surprise.Over the last four quarters, the company has surpassed consens ...

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers’ budgeting behavior amid financial challenges takes a hit on retailers.The brand, which began in direct-to-consumer (D2C) and expanded into wholesale, reported in its fourth quarter and full year 2023 financial results Tuesday (March 12) that, in the three-month period, the company the company experienced a 14.5% drop in net revenue year over year. ...