Allbirds Stock News

Recent headwinds include a 26.8% YoY revenue decline due to lower unit sales, driven by a shift toward full price selling and underperforming store closures. Their stagnant product lineup and heavy competition in the sustainable footwear market limit their ability to justify full price tags on their products. International sales fell 24%, impacted by the transition to a distributor model, which...

Allbirds (BIRD) completed a 1-for-20 reverse stock split Wednesday evening, a move meant to maintain the footwear and apparel maker and retailer's listing on the Nasdaq.

SAN FRANCISCO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better products in a better way, today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Class A Common Stock and Class B Common Stock (collectively, the “Common Stock”) fo...

SAN FRANCISCO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better products in a better way, today announced that Ravi Thanawala, Chief Financial Officer of Papa John's International, Inc. (NASDAQ: PZZA), has been appointed to its Board of Directors, effective September 10, 2024.

Allbirds, Inc. (NASDAQ:BIRD ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group Joe Vernachio - Chief Executive Officer Annie Mitchell - Chief Financial Officer Conference Call Participants Ethan Saghi - BTIG Alex Straton - Morgan Stanley Operator Good afternoon, ladies and gentlemen, and welcome to the Allbirds Second Quarter...

Q2 2024 Results Within or Above Guidance Ranges Continued Operational and Financial Progress SAN FRANCISCO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better products in a better way, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Overview Second qua...

SAN FRANCISCO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Allbirds Inc., a global lifestyle brand that innovates with naturally derived materials to make better products in a better way, announced that Belle Fashion Group has been appointed its exclusive distributor and licensee in mainland China, Macau and Taiwan, effective June 28th. The shift from a direct go-to-market model to a third-party distribu...

SAN FRANCISCO, July 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that its second quarter 2024 financial results will be released after market close on Wednesday, August 7, 2024. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Tim...