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Solo Stove expands into Coolers with latest innovation, the Solo Windchill 47 Cooler
Prnewswire· 2025-05-14 19:25
The outdoor brand introduces the next generation of new products with the expansion into a new categoryGRAPEVINE, Texas, May 14, 2025 /PRNewswire/ -- Solo Stove, the leading outdoor lifestyle brand within Solo Brands (NYSE: DTC; OTC: DTCB) and creator of the world's best-selling smokeless fire pit, officially steps into the Cooler category with the launch of its new Solo Windchill 47 Cooler. Packed with cutting-edge technology, this is the first cooler that actually cools you. Featuring an innovative on-the ...
solo stove(DTC) - 2025 Q1 - Earnings Call Transcript
2025-05-12 14:00
Solo Brands (DTC) Q1 2025 Earnings Call May 12, 2025 09:00 AM ET Speaker0 Good morning, and welcome to the Solo Brands First Quarter twenty twenty five Financial Results Conference Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Mark Anderson, Senior Director, Treasury and Investor Relations. Please go ahead. Speaker1 Thank you, and good morning, everyone. We appreciate your joining us for the Solo Brands conferenc ...
solo stove(DTC) - 2025 Q1 - Quarterly Report
2025-05-12 12:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ 1001 Mustang Dr. Grapevine, TX 76051 Address of Principal Executive Offices Zip Code Commission File Number 001-40979 Solo Brands, ...
solo stove(DTC) - 2025 Q1 - Quarterly Results
2025-05-12 12:01
Grapevine, Texas, May 12, 2025: Solo Brands, Inc. (NYSE: DTC; OTC: DTCB) ("Solo Brands" or "the Company") a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel industries, today announced its financial results for the three months ended March 31, 2025. (1) John Larson, Interim President and Chief Executive Officer, commented, "The first quarter's performance reflected strong sales from the Chubbies segment, up 44% from a year ago, generating ...
Solo Brands, Inc. Fiscal 2025 First Quarter Financial Results To Be Released Monday, May 12, 2025
GlobeNewswire· 2025-05-07 20:00
GRAPEVINE, Texas, May 07, 2025 (GLOBE NEWSWIRE) -- Solo Brands, Inc (NYSE: DTC; OTC: DTCB), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE and TerraFlame, today announced that it plans to report its fiscal 2025 first quarter financial results on May 12, 2025, before the market opens. In conjunction with the release, the Company has scheduled a conference call for management's prepared remarks on Solo Brands strategy and financial results th ...
Solo Brands, Inc. Appeals NYSE Delisting Determination
GlobeNewswire News Room· 2025-05-06 20:30
GRAPEVINE, Texas, May 06, 2025 (GLOBE NEWSWIRE) -- Solo Brands, Inc. (NYSE: DTC; OTC: DTCB) (“Solo Brands” or “the Company”) a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel industries, today announced that it has formally appealed the determination of the staff of NYSE Regulation to commence proceedings to delist the Company’s Class A common stock from the New York Stock Exchange (“NYSE”). As previously announced, on April 22, 2025, th ...
Levi's Stock Gains Momentum With DTC Turnaround
MarketBeat· 2025-04-10 12:15
Levi Strauss & Company’s NYSE: LEVI shift to a direct-to-consumer (DTC)-first operating model comes at the right time—and looks like the right move for the company’s future. The iconic brand was hampered by sluggish growth that can be tied to hard-to-manage displays at third-party apparel vendors. Imagine the Levi’s section at your favorite store after a busy day, shoppers rifling through sizes and styles, making it difficult for storekeepers and other consumers to know what’s left. The DTC model makes it e ...
Warner Bros. Discovery: Beating John Malone At His Own Game
Seeking Alpha· 2025-04-06 05:44
Group 1 - The article discusses the analysis of oil and gas companies, focusing on identifying undervalued names in the sector, including balance sheet evaluations, competitive positioning, and development prospects [1] - John Malone, a board member of Warner Bros. Discovery, has been a proponent of the company's acquisition from AT&T, indicating his long-term interest and support for the business [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector that requires patience and experience for successful investment [2] Group 2 - The article emphasizes the importance of thorough analysis and understanding of the companies involved in the oil and gas industry for potential investors [1]
Royalties Inc. Announces DTC Eligibility
Newsfile· 2025-04-03 17:41
Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - Royalties Inc. (CSE: RI) (OTC Pink: ROYIF), ("the Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC eligibility is expected to simplify the process of trading and enhance the liquidity of its common shares in the United States, the world's largest capital market.DTC eligibility streamlines the trading process, making it mor ...
solo stove(DTC) - 2024 Q4 - Earnings Call Transcript
2025-03-12 19:13
Financial Data and Key Metrics Changes - Total net sales for 2024 were $455 million, down 8% from the prior year [13] - Adjusted gross profit margin improved to 61.7% [13] - Adjusted EBITDA for the year was $32.6 million, representing 7.2% of net sales [19] - Fourth quarter net sales were $143.5 million, down 13.2% year-over-year [14] - Reported gross profit margin for the fourth quarter was 61.1%, up 280 basis points from the previous year [16] - GAAP net loss for 2024 was $180.2 million, an improvement from a net loss of $195.3 million in 2023 [19] Business Line Data and Key Metrics Changes - Declines in retail and direct-to-consumer channels within the Solo Stove segment were noted, partially offset by increased sales in the Chubbies segment [14] - Selling, general and administrative expenses decreased to $81.8 million in the fourth quarter from $84.3 million in the prior year [16] - Adjusted net income for the year was $11.4 million, with an adjusted EPS of $0.12 [19] Market Data and Key Metrics Changes - The company ended the quarter with $12 million in cash and cash equivalents [25] - Inventories were reported at $108.6 million, down from a year ago [25] - Cash provided by operating activities for the year was $10.5 million [26] Company Strategy and Development Direction - The company is focused on an aggressive turnaround plan for 2025, with over 30 value-accretive initiatives [7][10] - Key initiatives include resetting the cost structure, focusing on profitability by channel and product, and revamping the marketing approach [31][32] - A new water sports division was created by consolidating ISLE paddle boards and Oru Kayaks to enhance profitability [35] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges ahead but expressed confidence in the company's foundation, including strong brands and loyal customers [11] - The company is pausing financial guidance due to an uneven consumer environment and uncertainty with tariffs [23] - Management expects performance improvements to be more visible in the latter half of the year as initiatives ramp up [40] Other Important Information - The company is actively addressing tariff impacts by shifting production to alternative countries [24] - A disciplined capital allocation strategy is being maintained, with no M&A planned for 2025 [26] - The company is evaluating strategies to refinance existing debt and improve liquidity [28] Q&A Session Summary - No questions were taken after the prepared remarks, as management aimed to address most inquiries during the presentation [12]