Welcome to our dedicated page for Solo Brands news (Ticker: DTC), a resource for investors and traders seeking the latest updates and insights on Solo Brands stock.
This page provides historical and ongoing news coverage for Solo Brands, Inc., the company whose Class A common stock previously traded on the New York Stock Exchange under the ticker symbol DTC. Company announcements explain that Solo Brands is an omnichannel lifestyle brand company headquartered in Grapevine, Texas, with a portfolio that includes Solo Stove, TerraFlame, Chubbies, ISLE and Oru Kayak. Later disclosures note that the NYSE ticker for its Class A common stock was updated from DTC to SBDS.
News items for Solo Brands typically include quarterly earnings releases, updates on strategic and financial actions, and product announcements. Earnings press releases discuss net sales trends, segment performance for Solo Stove and Chubbies, channel dynamics between direct-to-consumer and retail sales, and management’s commentary on cost structure, inventory, and cash generation. These releases also highlight developments such as debt refinancing, reverse stock split implementation, and the resolution of NYSE listing and trading suspension issues.
Investors can also find news about Solo Brands’ participation in investor conferences, where management presents the company’s strategy and meets with investors. In addition, brand-level news from Solo Stove describes new product introductions, including outdoor cooking equipment and coolers, reflecting Solo Brands’ focus on outdoor lifestyle categories.
Because the DTC symbol has been replaced on the NYSE by SBDS, this news archive is useful for understanding Solo Brands’ history under its former ticker, including its operational updates, capital structure changes, and product evolution over time.
Solo Brands (NYSE: DTC) is set to report its first quarter fiscal 2023 financial results on May 4, 2023, before the market opens. The company will hold a conference call at 8:30 a.m. ET to discuss the results and invites investors and analysts to participate. Interested participants can dial +1 833 470 1428 for U.S. and +1 404 975 4839 for international calls, referencing Conference ID 151331.
A live webcast will be accessible via the DTC investor relations site, with a replay available shortly after the call until June 3, 2023. Solo Brands focuses on providing innovative lifestyle products through brands like Solo Stove, Chubbies, Oru Kayak, and ISLE, aiming to enhance customer experiences.
Solo Brands, Inc. (NYSE: DTC) reported strong financial results for Q4 and full year 2022, revealing net sales of $197.2 million for Q4, up 11.8% year-over-year, and full-year sales of $517.6 million, a 28.2% increase. Net income for Q4 surged 57.2% to $19.5 million, while adjusted EPS reached $0.33. However, adjusted net income and EBITDA declined by 17.7% and 10.1%, respectively. For 2023, the company anticipates total revenue between $520 million and $540 million, amidst uncertain macro conditions affecting consumer spending.
Solo Brands, Inc. (NYSE: DTC) announced plans to report its fourth quarter and fiscal 2022 financial results on March 9, 2023, before market opening. This will be followed by a conference call at 8:30 a.m. ET to discuss the results. Interested parties can join the call by dialing +1 844 200 6205 (international callers: +1 929 526 1599) using Conference ID 483579. A live webcast will also be available on Solo Brands' investor relations website. The call's recorded replay will be accessible until March 16, 2023. Headquartered in Grapevine, Texas, Solo Brands encompasses brands like Solo Stove, Chubbies, Oru Kayak, and ISLE.
Summit Partners, a prominent alternative investment firm, has announced the promotion of 14 professionals across its global offices. Scott Ferguson, Paul Furer, Mark Nordstrom, Dayton Ogden, and Sophia Popova have been elevated to Partner, while Chris Bon, Ali Dowd, Mark Hexamer, Chelsea Jurman, Nick Oppedisano, and Jono Pagden have become Principals. Jonathan Gilman, Andy Lee, and Irina Müller have been promoted to Vice President. The firm manages over
On January 25, 2023, Chubbies announced a partnership with NFL tight end George Kittle. Kittle, a long-time fan of the brand, will co-design limited edition collections including shorts, tees, and swimwear that reflect his personal style. The collaboration aims to infuse Kittle's creative energy into Chubbies' casual and vibrant men’s apparel. The first collection is expected to launch in Summer 2023, featuring Kittle's favorite styles available online and in select stores. This partnership is seen as a strategic move to enhance brand appeal and reach new audiences, leveraging Kittle's popularity.
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