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solo stove(DTC) - 2024 Q2 - Earnings Call Transcript
2024-08-07 17:55
Solo Brands, Inc. (NYSE:DTC) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Bruce Williams - IR Chris Metz - President and CEO Laura Coffey - CFO Conference Call Participants Chasen Bender - Citi Anna Glaessgen - B. Riley Ryan Sigdahl - Craig-Hallum Capital Group Madison Callinan - Canaccord Genuity Operator Hello everyone and welcome to today's Solo Brands, Inc. Second Quarter Fiscal 2024 Financial Results Call. My name is Seth and I'll be the operator for your call today. ...
Direct-to-Consumer (DTC) Genetic Testing Business Report 2023-2030 with Focus on 80+ Players Including 23andMe, Ancestry.com, Chengdu 23Mofang Biotechnology, and DirectLabs
GlobeNewswire News Room· 2024-08-07 13:32
Dublin, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The "Direct-to-Consumer (DTC) Genetic Testing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Direct-to-Consumer (DTC) Genetic Testing is estimated at US$1.3 Billion in 2023 and is projected to reach US$3.4 Billion by 2030, growing at a CAGR of 14.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed busine ...
Solo Brands, Inc. (DTC) Q2 Earnings Lag Estimates
ZACKS· 2024-08-07 13:05
Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -66.67%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.03, delivering a surprise of 200%. Over the last four quarters, the compan ...
solo stove(DTC) - 2024 Q2 - Quarterly Results
2024-08-07 10:52
Solo Brands, Inc. Announces Second Quarter Results Updates Full Year 2024 Guidance Grapevine, Texas, August 7, 2024: Solo Brands, Inc. (NYSE: DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and six month period ended June 30, 2024. "We are pleased with our second quarter results and were encouraged to see strong retail sales and sequential improvement in our direct-to-consumer business" said Chris Metz, Chief Executive Officer of Solo Brands. "During the quarter we ...
Earnings Preview: Solo Brands, Inc. (DTC) Q2 Earnings Expected to Decline
ZACKS· 2024-07-31 15:07
Wall Street expects a year-over-year decline in earnings on lower revenues when Solo Brands, Inc. (DTC) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper Thus, a positive or negative Earnings ESP reading theoretically indicates the ...
Is the Options Market Predicting a Spike in Solo Brands (DTC) Stock?
ZACKS· 2024-07-26 13:41
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Given the way analysts feel about Solo Brands right now, this huge im ...
Solo Brands (DTC) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-07-22 17:01
Bottom Line The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street ...
Despite Fast-paced Momentum, Solo Brands (DTC) Is Still a Bargain Stock
ZACKS· 2024-07-19 13:51
It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. While any stock can see a spike in price for a short period, it takes a real momentum pl ...
DTC or MELI: Which Is the Better Value Stock Right Now?
ZACKS· 2024-07-15 16:47
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Investors interested in stocks from the Internet - Commerce sector have probably already heard of Solo Brands, Inc. (DTC) and MercadoLibre (MELI) . But which of these two compan ...
CHUBBIES UNVEILS TEAM USA CAPSULE SERIES: A MULTI-YEAR CELEBRATION OF AMERICA'S OLYMPIC LEGACY
Prnewswire· 2024-07-12 13:00
The 2024 Three-Part Series Honors Past, Present, and Future Champions The first of the three summer 2024 capsules launches on July 12th, 2024. The Team USA x Chubbies capsule kicks off with a vibrant assortment of performance polos, tees, tanks, and swim trunks. Each piece is meticulously designed to embody the spirit of the Team USA champions competing in the Paris 2024 Olympics. The first campaign is brought to life by Silver Medalist Olympian Steele Johnson, whose incredible legacy and dynamic energy per ...