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Allbirds Announces Completion of International Distributor Deals
GlobeNewswire News Room· 2024-06-20 20:05
"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 ...
Here's Why Allbirds, Inc. (BIRD) Is a Great 'Buy the Bottom' Stock Now
ZACKS· 2024-06-18 14:55
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 ...
Allbirds(BIRD) - 2024 Q1 - Earnings Call Transcript
2024-05-09 02:00
Allbirds, Inc. (NASDAQ:BIRD) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Christine Greany - Investor Relations Joe Vernachio - Chief Executive Officer Ann Mitchell - Chief Financial Officer Conference Call Participants Janine Stichter - BTIG Alex Straton - Morgan Stanley Dylan Carden - William Blair Operator Good afternoon and thank you for standing by. At this time, I would like to welcome everyone to the Allbirds First Quarter 2024 Earnings Conference Call. All lines have ...
Allbirds(BIRD) - 2024 Q1 - Quarterly Report
2024-05-08 22:21
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 ...
Allbirds(BIRD) - 2024 Q1 - Quarterly Results
2024-05-08 20:08
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 ...
Allbirds Unveils Tree Runner Go
Newsfilter· 2024-04-22 13:00
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 ...
Allbirds Announces First Quarter 2024 Earnings Conference Call
Newsfilter· 2024-04-17 20:15
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 ...
Allbirds Announces Completion of International Distributor Deals
Newsfilter· 2024-03-20 20:05
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 ...
Allbirds shares sink as losses widen and boss departs
Proactive Investors· 2024-03-13 13:11
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...
Allbirds (BIRD) Reports Q4 Loss, Tops Revenue Estimates (Revised)
Zacks Investment Research· 2024-03-13 10:36
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 ...