BIRD Q3 Loss Narrower Than Expected, Revenues Fall on Lower Unit Sales [Yahoo! Finance]
Allbirds, Inc. (BIRD)
Company Research
Source: Yahoo! Finance
However, the year-over-year decline in revenues was a disappointment. The company recently transitioned to a distributor model in China, streamlining its operations for better market penetration. It entered into a new distributor agreement covering six key European countries, further extending its reach in mainland Europe. Following the quarter's end, Allbirds also secured a new distributor agreement for six countries across Latin America, signaling its commitment to strengthening its international presence. The company's efficient management of operations and finances contributed to strong gross margins, cost reductions and effective inventory control this quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Allbirds, Inc. price-consensus-eps-surprise-chart | Allbirds, Inc. Quote Allbirds, a global lifestyle brand, posted a loss of $2.68 per share in the quarter under review. The reported figure was narrower than the Zacks Consensus Estimate of
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BIRD
News
- This Sitewide Allbirds Black Friday Sale is a Great Family Gift Opportunity [CNET News]CNET News
- Allbirds to Participate in Upcoming Investor ConferenceGlobeNewswire
- Why People Are Losing Interest In Sustainability (And How Intentional Brands Can Change That) [Forbes]Forbes
- New Products Fuel Progress in Allbirds Turnaround in Q3 [Yahoo! Finance]Yahoo! Finance
- Allbirds Inc (BIRD) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
BIRD
Earnings
- 11/6/24 - Beat
BIRD
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- BIRD's page on the SEC website