New Products Fuel Progress in Allbirds Turnaround in Q3 [Yahoo! Finance]
Allbirds, Inc. (BIRD)
Company Research
Source: Yahoo! Finance
Wolverine Worldwide CEO Says Merrell and Saucony Sales 'Outpaced Forecast' in Q3 Steve Madden Raises 2024 Guidance After Q3 Earnings and Sales Beat Allbirds said that new product launches, a key pillar for the next phase of its transformation plan, helped it report results in line with expectations for the third quarter. The San Francisco-based footwear company reported that Q3 revenues dropped 24.9 percent to $43 million, in line with its guidance. Net loss was $21.2 million, or 2.68 cents per basic and diluted share, and adjusted EBITDA loss was $16.2 million, which was also in line with guidance. The results beat the expectations of analysts surveyed by Yahoo Finance, who were looking for a loss of $3.20 per share and $42 million in revenues. Allbirds said the sales decline was driven by lower unit sales, planned store closures and international distributor transitions. This was partially offset by higher average selling prices in the direct-to-consumer business. “We are
Show less
Read more
Impact Snapshot
Event Time:
BIRD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BIRD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BIRD alerts
High impacting Allbirds, Inc. news events
Weekly update
A roundup of the hottest topics
BIRD
News
- We found all the best after-Christmas sales 2024 [CNN]CNN
- Allbirds, Fred Segal, SJP Collection and More Retailers That Closed Stores in 2024 [Yahoo! Finance]Yahoo! Finance
- Lerer Hippeau files to a raise Fund IX [TechCrunch]TechCrunch
- Finland's Oura went from a tiny Kickstarter campaign to a $5.2-billion start-up with Cristiano Ronaldo and Prince Harry among its fans [Fortune]Fortune
- 8 best men’s walking shoes of 2024 [MSNBC.com]MSNBC.com
BIRD
Earnings
- 11/6/24 - Beat
BIRD
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- 12/2/24 - Form 144
- BIRD's page on the SEC website