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Stock impact report

Allbirds CEO Calls 2024 a Year of ‘Operational and Financial Progress' [Yahoo! Finance]

Allbirds, Inc. (BIRD) 
Company Research Source: Yahoo! Finance
In the fourth quarter of fiscal 2024, the San Francisco-based company reported that net revenue decreased 22.4 percent to $55.9 million compared to $72.0 million in the same period last year. There was also a net loss in Q4 of $25.7 million compared to $56.8 million in the fourth quarter of 2023. More from Footwear News Dick's Had Record Holiday Season but Lowers Projections for 2025 Kohl's Posts Another Tough Quarter With 6.7% Comp Sales Decline For the full fiscal year 2024, Allbirds saw net revenues fall 25.3 percent to $189.8 million compared to $254.1 million in 2023. Net loss in 2024 was $93.3 million compared to $152.5 million the prior year. Earnings for Q4 and the year were in line with Allbirds' expectations. For the fourth quarter, t Read more
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