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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 ...
Allbirds(BIRD) - 2023 Q4 - Earnings Call Transcript
2024-03-12 23:54
Allbirds, Inc. (NASDAQ:BIRD) Q4 2023 Earnings Conference Call March 12, 2024 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group Joseph Zwillinger - Chief Executive Officer Joe Vernachio - Chief Operating Officer Annie Mitchell - Chief Financial Officer Conference Call Participants Katherine Delahunt - Morgan Stanley Janine Stitcher - BTIG Dylan Carden - William Blair Abbie Zvejnieks - Piper Sandler Tom Nikic - Wedbush Dana Telsey - Telsey Advisory Group Operator Good day and thank you fo ...
Compared to Estimates, Allbirds, Inc. (BIRD) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-03-12 23:31
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) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-03-12 22:56
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 ...
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
PYMNTS· 2024-03-12 22:36
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. ...
Allbirds Reports Fourth Quarter and Full Year 2023 Financial Results; Achieves Q4 Financial Guidance Targets
Newsfilter· 2024-03-12 20:06
Allbirds COO Joe Vernachio Appointed CEO as Company Accelerates Strategic Transformation Plan Company Provides 2024 Outlook SAN FRANCISCO, March 12, 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 reported financial results for the fourth quarter ended December 31, 2023. Separately, the Company also announced today that COO Joe Vernachio has been appointed as CE ...
Allbirds Names COO and Industry Veteran Joe Vernachio as Chief Executive Officer
Newsfilter· 2024-03-12 20:05
SAN FRANCISCO, March 12, 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 the appointment of Chief Operating Officer Joe Vernachio as Chief Executive Officer and a member of the Board of Directors, effective March 15, 2024. He succeeds Joey Zwillinger, Allbirds's co-founder and CEO, who will continue as a member of the Board of Directors and serve as a specia ...