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Press · Corporate
Allbirds officially changes name, appoints new CEO
Allbirds changed its name to Smartbird and appointed Nadia Carlsten as its new chief executive.
News reportas of
Earnings · Financial
Allbirds reported quarterly results
first quarter margin: “net revenue of $150 million to $165 million, including a $7 million to $9 million impact resulting from anticipated store closures ◦ International net revenue of $40 million to $45 million, including $25 million to $28 million of impact resulting from anticipated transitions to a distributor model in certain international markets • Gross margin of 42% to 45% • Adjusted EBITDA loss of $78 million to $63 million First Quarter 2024 Outlook • Net revenue of $37 million to $42 million ◦ U.S.”
full year sales: “Full Year 2024 Outlook • Net revenue of $190 million to $210 million ◦ U.S.”
SEC filingas of
Earnings · Financial
full year sales: “While we are adopting a more conservative near-term outlook in light of the transitory external headwinds affecting our international business, we expect to deliver strong full year revenue growth of 21% to 24% in 2022.”
SEC filingas of
Earnings · Financial
fiscal year margin: “2021 Financial Outlook Allbirds provided the following outlook for fiscal year 2021: ● Net revenue of $270 million to $272 million, representing growth in the range of 23% to 24% versus fiscal 2020 and 39% to 40% versus fiscal 2019 ● Adjusted EBITDA 1 of negative $17 million to $15 million, including an estimated $5 million of public company costs “We achieved strong top line growth, gross margin expansion, and improved marketing efficiency in the quarter,” said Mike Bufano, Chief Financial Officer.”
SEC filingas of
History · Corporate
Allbirds goes public on Nasdaq
Allbirds went public on the Nasdaq on November 3, 2021.
Wikipediaas of
History · Retail footprint
Allbirds opens first brick‑and‑mortar stores in the United States
Allbirds began operating brick‑and‑mortar stores in the United States in 2017.
Wikipediaas of
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