Solo Brands: I'm Expecting Further Financial Turbulence In 2024 [Seeking Alpha]
Solo Brands, Inc. (DTC)
Company Research
Source: Seeking Alpha
The historical growth has mostly been done with M&A. I estimate modest future growth, as the current balance sheet doesn't leave sustainable space for further acquisitions. The company guides for a weak Q4, and I estimate the challenges to continue in 2024 as macroeconomic pressures seem to persist. The current valuation doesn't leave a very good amount of upside for the risk that investors are taking in the stock, in my view. Solo Brands, Inc. ( NYSE: DTC ) sells through five current brands — Solo Stove that sells camp stoves and fire pits, Oru Kayak that sells folding kayaks as well as kayaking accessories, Chubbies that sells men's shorts and swimming trunks, Isle that sells affordable paddle boats, as well as the TerraFlame brand acquired in 2023 that sells small indoor fireplaces. After the stock became publicly traded in late 2021, Solo Brands' stock has lost the majority of its value with the company's lacking growth and weaker margins. With the company's currently wea
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News
- Analysts Estimate Solo Brands, Inc. (DTC) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
- Solo Brands, Inc. First Quarter Fiscal 2024 Financial Results To Be Released Thursday, May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- Solo Brands, Inc. First Quarter Fiscal 2024 Financial Results To Be Released Thursday, May 9, 2024Business Wire
- Solo Brands (NYSE:DTC) Might Have The Makings Of A Multi-Bagger [Yahoo! Finance]Yahoo! Finance
- Q4 Earnings Highs And Lows: Solo Brands (NYSE:DTC) Vs The Rest Of The Leisure Products Stocks [Yahoo! Finance]Yahoo! Finance
DTC
Earnings
- 3/14/24 - Beat
DTC
Sec Filings
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- DTC's page on the SEC website