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Stock impact report

Q4 Earnings Highs And Lows: Solo Brands (NYSE:DTC) Vs The Rest Of The Leisure Products Stocks [Yahoo! Finance]

Solo Brands, Inc. (DTC) 
Company Research Source: Yahoo! Finance
Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don't may find themselves in precarious positions due to the non-essential nature of their offerings. The 14 leisure products stocks we track reported a weak Q4; on average, revenues missed analyst consensus estimates by 1.1%. while next quarter's revenue guidance was 11.6% below consensus. Investors abandoned cash-burning companies to buy stocks with higher margins of safety, but leisure products stocks held their ground better than others, with the share prices up 0.7% on average since the previous earnings results. Solo Brands (NYSE:DTC) Started through a Kickstarter campaign, Solo Brands (NYSE:DTC) is a provider of outdoor and recreational products. Solo Brands reported revenues of $165.3 million, down 16.2% year on year, falling short of analyst Show less Read more
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