The direct-to-consumer boom is coming to an end.A once-bustling group of companies, backed by billions in venture capital funding, saw a record year for IPOs in 2021. Now, three years later, most of those direct-to-consumer, or DTC, companies still struggle with profitability."It's that profitability angle now that demarcates the winners in DTC from the losers," said GlobalData Retail's managing director, Neil Saunders. "One of the problems with a lot of direct-to-consumer companies is they're not profitabl ...

It’s almost impossible to walk around a gym or sporting goods store in 2024 and not see someone wearing Allbirds (NASDAQ:BIRD) footwear. These athletic shoes may not look like the Nike (NYSE:NKE) or Adidas (OTCMKTS:ADDYY) sneakers that athletes have styled for decades. But when the company launched in New Zealand in 2014, it didn’t take long for it to make an undeniable splash. By bringing sustainability to the booming athletic footwear market, the startup reached a $1.7 billion valuation by 2020. Since the ...

SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ:BIRD), a global lifestyle brand that innovates with sustainable materials to make better footwear and apparel products in a better way, today announced two new executive leadership appointments. Kelly Olmstead, formerly SVP of Brand & Marketing, has been promoted to Chief Marketing Officer; and footwear industry veteran Adrian Nyman was appointed to the newly created position of Chief Design Officer, both effective December 2023. "We ar ...

Allbirds, Inc. (NASDAQ:BIRD) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group Joey Zwillinger - CEO Annie Mitchell - CFO Conference Call Participants Bob Drbul - Guggenheim Alex Straton - Morgan Stanley Janine Stichter - BTIG Cristina Fernandez - TAG Mark Altschwager - Baird Tom Nikic - Wedbush Securities Krista Zuber - TD Cowen Operator Good afternoon, everyone, and welcome the Allbirds Third Quarter 2023 Earnings Call. [Operator Instr ...

Table of Contents In addition, statements that "we believe" and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based on information available to us as of the date of this Quarterly Report on Form 10-Q. While we believe that such information provides a reasonable basis for these statements, that information may be limited or incomplete. Our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all relevant ...

Allbirds, Inc. (NASDAQ:BIRD) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group Joe Zwillinger - Chief Executive Officer Annie Mitchell - Chief Financial Officer Conference Call Participants Amanda Douglas - JPMorgan Alex Straton - Morgan Stanley Cristina Fernández - Telsey Advisory Group James Duffy - Stifel Bob Dribble - Guggenheim Edward Yruma - Piper Sandler Dylan Carden - William Blair Alex Douglas - TD Cowen Operator Good afternoon, l ...

Definite-lived Intangible Assets | --- | --- | --- | --- | --- | |------------------------------------------------------------------|-------|-------------------------|-------|-----------------------------| | (in thousands) \nSales-refund reserve | $ | June 30, 2023 \n2,942 | $ | December 31, 2022 \n4,534 | | Taxes payable | | 2,278 | | 3,336 | | Employee-related liabilities | | 3,238 | | 2,624 | | Accrued expenses | | 8,875 | | 12,954 | | Total accrued expenses and other current liabilities | $ | 17,333 | $ ...

Allbirds, Inc. (NASDAQ:BIRD) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Katina Metzidakis - Vice President, Investor Relations & Business Development Joe Zwillinger - Co-Founder & Co-Chief Executive Officer Andy Mitchell - Chief Financial Officer Tim Brown - Co-Founder & Co-Chief Executive Officer Conference Call Participants Lorraine Hutchinson - Bank of America Alex Straton - Morgan Stanley Bob Drbul - Guggenheim Janine Stichter - BTIG Jim Duffy - Stifel Dana Telsey - Tel ...

11 As of March 31, 2023 and December 31, 2022, there were no amounts outstanding under the Credit Agreement. Preferred Stock Voting—Holders of Class A common stock are entitled to one vote per share on all matters to be voted upon by the stockholders, and holders of Class B common stock are entitled to 10 votes per share on all matters to be voted upon by the stockholders. The holders of our Class A common stock and Class B common stock generally vote together as a single class on all matters submitted to a ...

Allbirds, Inc. (NASDAQ:BIRD) Q4 2022 Earnings Conference Call March 9, 2023 5:00 PM ET Company Participants Katina Metzidakis - Vice President, Investor Relations & Business Development Joe Zwillinger - Co-Founder & Co-Chief Executive Officer Mike Bufano - Chief Financial Officer Tim Brown - Co-Founder & Co-Chief Executive Officer Conference Call Participants Mark Altschwager - Baird Edward Yruma - Piper Sandler Jim Duffy - Stifel John Kernan - Cowen Janine Stichter - BTIG Blake Anderson - Jefferies Katina ...