Solo Brands Inc Stock Price, News & Analysis

Solo Stove (NYSE: DTC) has announced its entry into the outdoor griddle market with the launch of the Solo Steelfire™ 30 Stainless Griddle, priced at $899 or $1,199 with stand. The professional-grade griddle features a proprietary 3-ply stainless steel-clad surface and patent-pending Solo Racetrack Burner configuration, heating up 35% faster than traditional cast iron griddles. It reaches 300-800 degrees in just 7 minutes and requires no seasoning. The product includes an integrated grease trap and modular stand with foldable side tables. Solo Stove will also offer customizable accessory kits including Burger Kit, Chefs Kit, and Essentials Kit. Pre-orders begin June 11th with shipping starting in early July, and early orders include a gift with purchase.

Solo Stove (NYSE: DTC), known for smokeless fire pits, is expanding into the cooler market with the launch of the Solo Windchill 47 Cooler. The innovative 47-quart cooler, priced at $649.99, features a built-in portable air conditioner and misting system, making it the first cooler that actively cools users. The product offers three cooling methods: premium foam insulation for food and drinks, an integrated air conditioner, and a misting system using melted ice.

The cooler can hold 65 cans and provides over three hours of active cooling on a single charge. Additional features include accessory attachments, bottle opener, charging ports, all-terrain wheels, and a telescoping handle. Available in two colors, the Windchill 47 launches for pre-order on May 14th, with shipping beginning in early June 2025, exclusively through SoloStove.com.

Solo Brands (NYSE: DTC; OTC: DTCB) reported mixed Q1 2025 results with net sales declining 9.5% to $77.3 million. The company's Chubbies segment showed strong performance with sales up 43.9% to $42.7 million, while Solo Stove segment saw a 49.2% decline to $26.1 million. The company reported a net loss of $18.6 million, or $0.21 per share, compared to a loss of $6.5 million in Q1 2024. Notably, the company faces significant financial challenges, with its stock suspended from NYSE trading and substantial doubt about its ability to continue as a going concern. The company's debt situation is concerning, with $346.3 million in revolving credit facility and $82.5 million in term loan borrowings, likely leading to non-compliance with financial covenants.

Solo Brands Inc. (NYSE: DTC), a multi-brand platform featuring Solo Stove, Chubbies, Oru Kayak, ISLE, and TerraFlame, has scheduled its fiscal 2025 first quarter earnings release for May 12, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET to discuss strategy and financial results.

Investors and analysts can join the call by dialing 1-866-652-5200 (1-412-317-6060 for international callers). A live webcast will be available on the company's investor relations website. A replay will be accessible until May 19, 2025, via phone (1-877-344-7529; international: 1-412-317-0088) using access code 5437505, and the webcast replay will be available for one year.

Solo Brands (NYSE: DTC) has formally appealed NYSE Regulation's decision to delist its Class A common stock. The delisting determination was made on April 22, 2025, due to \"abnormally low\" price levels under Section 802.01D of the Listed Company Manual. Trading of DTC stock on NYSE has been suspended, and shares are currently trading on the OTC Pink Market under symbol \"DTCB\".

Interim CEO John Larson stated that the current trading price and market capitalization don't reflect the company's true value. To regain compliance with NYSE listing standards, Solo Brands plans to implement a reverse stock split. During the appeal period, the stock will remain listed on NYSE (though suspended) while the company continues to operate under SEC regulations and NYSE requirements.