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Stock impact report

Allbirds to shutter remaining US full-price stores by February 2026 [Yahoo! Finance]

Allbirds, Inc. (BIRD) 
Company Research Source: Yahoo! Finance
According to the company, the closure is part of its effort to streamline operations and focus on lower-cost growth channels. The company said it will retain two outlet locations in the US and continue running two full-price stores in London, UK. The shift is designed to free up resources for its online business, wholesale relationships and overseas distributors, which it views as offering wider reach, greater flexibility and improved operating leverage. Founded in 2015, Allbirds makes shoes using materials such as Merino wool, tree fibre and sugarcane. The store exits are expected to be capital-light, with management planning to detail projected selling, general and administrative cost savings, along with associated cash charges, during its fourth-quarter and full-year 2025 earnings call scheduled for March 2026. Allbirds CEO Joe Vernachio said: “This is an important step for Allbirds, as we drive toward profitable growth under our turnaround strategy. We have been opportu Show less Read more
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