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Stock impact report

New Solo Brands CEO Sets The Stage To Grow Its Flagship Stove And Chubbies Fashion Brand [Forbes]

Solo Brands, Inc. (DTC) 
Company Research Source: Forbes
It needs to bring in seasoned professional management to guide the company to sustainable business maturity. Solo Brands hit that wall in 2023, so this past January, highly experienced and exceedingly well qualified was appointed as the company's new President and CEO. Solo Brands is a diverse collection of six brands, including Solo Stove and TerraFlame in the outdoor and indoor fire pit category, Chubbies in fashion, Icy Breeze Cooling for portable air conditioning and Oru Kayak and ISLE in water sports, Metz replaces John Merris, who'd been with the company since 2018 and took it through its 2021 IPO. Metz also joined the company's board, chaired by Matthew Guy-Hamilton of private equity investment firm Summit Partners. Metz's appointment followed a frightfully . Initially guiding on revenues to grow from $518 million in fiscal 2022 to between $520 million to $540 million in fiscal 2023 after the acquisition of TerraFlame and Icy Breeze during the year, company revenues sank Show less Read more
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