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Stock impact report

Solo Brands (NYSE:DTC) Misses Q4 Revenue Estimates [Yahoo! Finance]

Solo Brands, Inc. (DTC) 
Company Research Source: Yahoo! Finance
On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $500 million at the midpoint. It made a non-GAAP profit of $0.13 per share, down from its profit of $0.33 per share in the same quarter last year. Is now the time to buy Solo Brands? Find out by accessing our full research report, it's free Solo Brands (DTC) Q4 FY2023 Highlights: Revenue: $165.3 million vs analyst estimates of $166.1 million (0.5% miss) EPS (non-GAAP): $0.13 vs analyst expectations of $0.17 (22.6% miss) Management's revenue guidance for the upcoming financial year 2024 is $500 million at the midpoint, in line with analyst expectations and implying 1.1% growth (vs -1.2% in FY2023) Gross Margin (GAAP): 58.3%, down from 59.8% in the same quarter last year Free Cash Flow of $21.11 million is up from -$16.11 million in the previous quarter Market Capitalization: $139.4 million “I am thrilled to be leading Solo Brands. In my first two months h Show less Read more
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