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Solo Brands Inc - DTC STOCK NEWS

Welcome to our dedicated news page for Solo Brands (Ticker: DTC), a resource for investors and traders seeking the latest updates and insights on Solo Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Solo Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Solo Brands's position in the market.

News
Solo Stove Takes Pizza Making to Unprecedented Depths In Honor of National Deep Dish Pizza Day
Rhea-AI Summary
Solo Stove, a brand under Solo Brands (NYSE: DTC), is hosting an innovative culinary event called 'Deepest Dish' to celebrate Deep Dish Pizza Day. The event will take place 10 stories beneath the Earth's crust in Alabama's Majestic Caverns. Livestreamed on Facebook, the event features a cooking class led by expert chef Matt Frampton using Solo Stove's Pi Prime Pizza Oven. Attendees can expect giveaways, discounts, and prizes. The unique location and Solo Stove's cutting-edge pizza oven promise a one-of-a-kind culinary experience.
Rhea-AI Impact
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End-of-Day
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News
Solo Brands Selects PMG as Media Agency of Record for Solo Stove
Rhea-AI Summary
Solo Brands, Inc. (NYSE: DTC) appoints PMG as the media Agency of Record for Solo Stove, aiming to enhance marketing efficiency and drive business growth. The new partnership focuses on data-driven insights and precision in performance marketing to deepen consumer connections and expand brand reach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
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Solo Brands Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024
Rhea-AI Summary
Solo Brands, Inc. (NYSE: DTC) has been named one of the World’s Most Innovative Companies of 2024 by Fast Company, ranking No. 2 in the Consumer Goods category. The company's commitment to innovation and consumer-centric product development has led to significant growth and recognition. Solo Stove, Chubbies, ISLE, Oru Kayak, and IcyBreeze are some of the beloved brands under Solo Brands, each pioneering innovation in their respective industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.4%
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Solo Brands Announces Fourth Quarter and Fiscal Year 2023 Results Provides Full Year 2024 Guidance
Rhea-AI Summary
Solo Brands, Inc. (NYSE: DTC) announces its financial results for Q4 2023 and full year 2023, highlighting a decline in net sales and net loss. The company's CEO emphasizes the need for infrastructure development and strategic investments for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.03%
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earnings
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Solo Brands, Inc. Fourth Quarter and Fiscal 2023 Financial Results To Be Released Thursday, March 14, 2024
Rhea-AI Summary
Solo Brands, Inc. (NYSE: DTC) to Report Q4 and Fiscal 2023 Results; Conference Call Scheduled.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
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earnings
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Solo Brands Announces Leadership Additions
Rhea-AI Summary
Solo Brands, Inc. (NYSE: DTC) has appointed Laura Coffey as Chief Financial Officer and Michael McGoohan as the newly created Chief Growth Officer and Executive Vice President. Both will report to Christopher Metz, President and CEO. Laura brings over 25 years of retail experience, previously serving as EVP and CFO for The Vitamin Shoppe and in various financial roles at Pier 1 Imports. Michael has over 20 years of consumer business leadership experience, most recently as CMO for Central Garden & Pet. The company aims to unlock the value of its brands and execute the next chapter of its growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.72%
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News
Solo Stove Unveils Inaugural Ambassador Team
Rhea-AI Summary
Solo Stove, a home and outdoor lifestyle brand within Solo Brands (NYSE: DTC), has announced brand partnerships with top chef Ann Kim and outdoor survivalist Zachary Fowler. Kim, a James Beard Award-winning chef, will introduce Solo Stove's award-winning Pi Pizza Oven, while Fowler, winner of History Channel's show Alone, will showcase Solo Stove's smokeless fire pits and grill accessories. The brand ambassadors will connect audiences to Solo Stove's passion for fire, cooking, and unforgettable moments, reflecting the company's commitment to the outdoors, food, and togetherness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
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Solo Brands Announces Leadership Change to Support Its Next Chapter of Growth
Rhea-AI Summary
Solo Brands, Inc. (NYSE:DTC) provided updates on its 2023 full-year sales and EBITDA guidance, as well as the appointment of Christopher T. Metz as its new President, Chief Executive Officer, and Director of the Board. The company announced a decrease in revenue expectations to $490-500 million from the previous $520-540 million, and a decrease in adjusted EBITDA margin to 14-15% from the previous 17-18%. The appointment of Chris Metz as the new CEO was hailed as a strategic move to drive growth and transform the company, while also expressing gratitude to the outgoing CEO, John Merris.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-38.98%
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management
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Solo Brands CEO, John Merris, Joins Teikametrics Board
Rhea-AI Summary
Teikametrics (NYSE: DTC) announces that John Merris, CEO of Solo Brands, has joined its board of directors. Merris will represent the voice of the seller on Teikametrics’ board. Since joining as CEO, Merris has grown Solo Brands from $16M in revenue in 2018 to $517M in 2022. He has successfully navigated the company through 3 key transactions, including two to private equity, first in 2019 to Bertram Capital and then again in 2020 to Summit Partners. In 2021, John led the successful IPO of the company under the ticker symbol “DTC.” Teikametrics CEO, Alasdair McLean-Foreman, expressed excitement about Merris joining the board, highlighting his leadership and marketing skills, and the shared vision of AI transforming marketplace advertising. Merris also praised Teikametrics' AI deployment in eCommerce and its planned innovations over the next several months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.16%
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Snoop Dogg Goes Smokeless with Solo Stove
Rhea-AI Summary
Solo Brands (NYSE: DTC) - Snoop Dogg to be the official 'smokesman' for Solo Stove, promoting the smokeless fire pit. Snoop Dogg announces he's giving up smoke and will support Solo Stove's quest to eliminate smoke from backyards. Solo Stove's fire pit has inspired Snoop Dogg to go smokeless, as he aims to enjoy sitting by a fire without coughing and smelling like smoke.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.98%
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Stock DTC logo
Solo Brands Inc

NYSE:DTC

DTC Rankings

#4233 Ranked by Market Cap
#2480 Ranked by Stock Gains
N/A Ranked by Dividends

DTC Stock Data

110.40M
27.58M
0.97%
124.41%
7.94%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States
Grapevine

About DTC

we deliver easy and well-designed fire products that help busy people reconnect with what matters most. since 2010 we’ve operated with the belief that you don’t need to be a wilderness survival expert to enjoy the perfect fire. our patented technology creates what we call “secondary burn,” bringing you hotter, instagram-worthy flames, all while creating a near-smokeless fire. that means no more playing musical chairs and smelling like you spent a day in a bbq pit when you call it a night. it’s all in our sophisticated, streamlined designs that allow for the most efficient fire possible; no batteries necessary. and while your solo stove does all the work, you get to sit back and appreciate your handiwork. most importantly, we believe in removing all the excuses that prevent you from disconnecting from the distractions of life and reconnecting to what matters most—whether that means family, friends, nature, or simply yourself.