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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.

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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Rhea-AI Summary
Solo Brands, Inc. (NYSE: DTC) reported net sales of $110.3 million for Q3 2023, up 8.0% from Q3 2022, and net income of $3.1 million, up 176.7%. Adjusted EBITDA increased by 33.0% to $15.0 million. For the nine months ended 2023, net sales were $329.5 million, up 2.8%, and net income was $15.5 million, up 157.2%. The company expects full year 2023 revenue in the range of $520 to $540 million, with an Adjusted EBITDA margin of 17% to 18%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.99%
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Rhea-AI Summary
Solo Brands, Inc. announces CFO transition and reaffirms guidance for fiscal year 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
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Rhea-AI Summary
Solo Stove joins Macy's Thanksgiving Day Parade with 'Igniting Memories' float.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
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Rhea-AI Summary
Chubbies launches second collection with brand ambassador George Kittle, inspired by pro wrestling
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.35%
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Rhea-AI Summary
Solo Brands to participate in fireside chat at Piper Sandler Growth Frontiers Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
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Rhea-AI Summary
IcyBreeze Cooling, a leading manufacturer and distributor of portable air conditioning and cooling products, has been acquired by Solo Brands. The acquisition closed on July 1, 2023. IcyBreeze's products combine portable AC with an insulated cooler, making them perfect for outdoor enthusiasts. Solo Brands, based in Grapevine, Texas, develops lifestyle products through multiple brands. Generational Equity facilitated the transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
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Rhea-AI Summary
Solo Brands, Inc. (NYSE: DTC) Raises Full Year 2023 Adjusted EBITDA Margin Guidance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.32%
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Rhea-AI Summary
Solo Brands, Inc (NYSE: DTC) plans to report its second quarter fiscal 2023 financial results on August 3, 2023. A conference call will be held at 8:30 a.m. ET to discuss the results. A live webcast and recorded replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.84%
Tags
Solo Brands, Inc.

NYSE:DTC

DTC Rankings

DTC Stock Data

109.24M
27.58M
0.97%
124.41%
7.94%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States of America
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.