Allbirds Stock News

What separates the most successful retailers from those that go bankrupt? Since retail bankruptcies have risen in 2024, investors and business leaders should be acutely focused on whether they have what it takes to survive.

SAN FRANCISCO, Nov. 20, 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 Joe Vernachio, CEO, and Annie Mitchell, CFO, will be participating in the Morgan Stanley Global Consumer & Retail Conference on Wednesday, December 4, 2024 in New York City.

Allbirds, Inc. (BIRD) Q3 2024 Earnings Call Transcript

Q3 2024 Results Within Guidance Ranges Updates Full Year Outlook SAN FRANCISCO, Nov. 06, 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 third quarter ended September 30, 2024. Third Quarter 2024 Overview Third quarter net revenue decreased...

SAN FRANCISCO, Oct. 16, 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 third quarter 2024 financial results will be released after market close on Wednesday, November 6, 2024. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Ti...

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...