Duyuru • May 15
Solo Brands, Inc. Reaffirms Earnings Guidance for the Full Year 2026 Solo Brands, Inc. reaffirmed earnings guidance for the full year 2026. For the year, the company expected Net Sales to be in range of $280 million - $310 million. Duyuru • Apr 29
Solo Brands, Inc. to Report Q1, 2026 Results on May 14, 2026 Solo Brands, Inc. announced that they will report Q1, 2026 results Pre-Market on May 14, 2026 Duyuru • Apr 13
Solo Brands, Inc., Annual General Meeting, May 22, 2026 Solo Brands, Inc., Annual General Meeting, May 22, 2026. Duyuru • Apr 08
Solo Brands, Inc.(OTCPK:SBDS) dropped from S&P TMI Index Solo Brands, Inc.(OTCPK:SBDS) dropped from S&P TMI Index Duyuru • Mar 23
Solo Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2026 Solo Brands, Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects Net Sales to be in range of $280 million - $310 million. Duyuru • Jan 26
Solo Brands, Inc. to Report Q4, 2025 Results on Mar 19, 2026 Solo Brands, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 19, 2026 Duyuru • Oct 24
Solo Stove Introduces the All-New Solo Stove Infinity Flame Propane Fire Pit Solo Stove announced Infinity Flame, a first-of-its-kind propane fire pit that delivers the look, movement, and feel of Solo Stove's iconic wood-burning flame with push-button ease. Designed for effortless relaxation and worry-free gatherings, Infinity Flame pairs instant ignition, precision heat control, and low-main maintenance convenience with the mesmerizing Solo Stove Signature Flame™?. Built for families and friends who crave connection around the fire--but need an alternative to wood due to housing restrictions, time constraints, or convenience--Infinity Flame makes it easier than ever to create those special moments that bring people together, spark conversation, and turn ordinary evenings into lasting memories. Designed for ease, control, and safety, Infinity Flame isn't just about technology--it's about preserving theritual of gathering, providing additional options for consumers' backyards without losing the warmth and wonder of a fire pit. Designed for ease, control and safety, Infinity Flame isn not just about technology-- it's about preserving the manual of gathering, providing additional options to consumers' backyards without losing The warmth and wonder of a fire Pit. Designed for ease, Control, and safety, Infinity Flame aren't just about technology-- it's About preserving theritual of gathering., providing additional options for consumers' Backyards without losing the warmth and Wonder of a fire pit. Duyuru • Oct 22
Solo Brands, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Solo Brands, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025 Duyuru • Jul 24
Solo Brands, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Solo Brands, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 Duyuru • Jul 15
Solo Brands Class A Common Stock to Be Reinstated on the NYSE Solo Brands, Inc. announced that the staff of NYSE Regulation has withdrawn its delisting determination relating to the Company’s Class A common stock and will be lifting the trading suspension of the Company’s Class A common stock on the NYSE. The Company’s Class A common stock is expected to resume trading on the NYSE on July 18, 2025, under the symbol “DTC” and CUSIP 83425V203. John Larson, Chief Executive Officer of Solo Brands, states, “Following our previously announced refinancing on June 16th, our reinstatement on the NYSE marks another significant milestone for Solo Brands. We are entering an exciting new chapter driven by bold innovation and a commitment to delivering great products and unforgettable outdoor experiences, strengthened by closer connections with our consumers, retail partners, investors, and team members.” In connection with the withdrawal of the staff of NYSE Regulation’s delisting determination, the Company withdrew its appeal of the determination of the staff of the NYSE Regulation, previously submitted on May 6, 2025. Although the Company effectuated a reverse stock split that resulted in its Class A common stock trading over $1.00 beginning on July 9, 2025, the Company is currently not in compliance with the NYSE’s continued listing standards as a result of the average closing price of less than $1.00 per share over a consecutive 30 trading-day period. In accordance with the NYSE rules, the Company has until August 25, 2025, to regain compliance with the minimum share price requirement. The Company can regain compliance during the cure period, if on the last trading day of any calendar month during the cure period, the Company’s Class A common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of the relevant month. In connection with the resumption of trading of the Company’s Class A common stock, the Company will update its ticker symbol to “SBDS” effective July 24, 2025. Shareholders are not required to take any action regarding the ticker symbol update, and the CUSIP number for the Class A common stock will remain unchanged. Duyuru • Jun 12
Solo Stove Expands Portfolio with Introduction of the New Solo Steelfire 30 Stainless Griddle Solo Stove is expanding into yet another new category with the introduction of its new Solo Steelfire™? 30 Stainless Griddle. The new launch is set to disrupt the griddle market by delivering a professional-grade outdoor cooking experience to backyard chefs and hosts--redefining what's possible in outdoor entertaining. Engineered by the innovative team behind the smokeless fire pit, the Steelfire™? Griddle is designed to heat up in just 7 minutes, deliver culinary control, and give consumers professional-grade performance. The proprietary 3-ply stainless steel-clad surface heats perfectly, resists rust and cleans up effortlessly, with no seasoning required for years to come. Its patent-pending Solo Racetrack Burner configuration maximizes every inch of cooking space, eliminating hotspots and dead zones for consistently even results across the entire cooking surface. Raising the bar for outdoor cooking, the Steelfire™?Griddle heats up over 35% faster than traditional cast iron griddle due to its stainless steel surface and patent-pending Solo Racepack Burner configuration, reaching optimal temperatures of 300 - 800 degrees in just seven minutes. An integrated grease trap streamlines clean-up, while the modular stand with foldable side tables adapts perfectly to the chef and their space, making every cooking feel custom-built for performance. Additionally, the Steelfire™? 30 Griddle brings culinary enthusiasts a line of customizable accessories created to make everything from Saturday morning breakfasts to smashburgers or hibachi nights a breeze. Available later this summer, the Burger Kit, Chefs Kit, and Essentials Kit feature premium, custom accessories that transform the griddle into a complete outdoor cooking command center. Duyuru • May 30
NYSE to Commence Delisting Proceedings Against Solo Brands Class A Common Stock The New York Stock Exchange (“NYSE”, the “Exchange”) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of Solo Brands, Inc. (the “Company”) from the NYSE pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000. The Exchange previously announced on April 22, 2025 that the Company’s Class A common stock was no longer suitable for listing based on “abnormally low selling price” levels, pursuant to Section 802.01D of the NYSE Listed Company Manual. At that time, the NYSE also immediately suspended trading in the Company’s Class A common stock. The Company has appealed NYSE Regulation staff’s April 22, 2025 delisting determination. The Company has a right to a review of this additional delisting determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Class A common stock upon completion of all applicable procedures, including any appeals by the Company of the NYSE Regulation staff’s decisions. Duyuru • May 15
Solo Stove Expands into Coolers with Latest Innovation, the Solo Windchill 47 Cooler Solo Stove officially steps into the Cooler category with the launch of its new Solo Windchill 47 Cooler. Packed with cutting-edge technology, this is the first cooler that actually cools you. Featuring an innovative on-the-go air conditioner, paired with fine misting, it's the ultimate summer necessity, designed to deliver serious relief on the hottest days. Created with the Solo Stove community in mind, this new launch is an outdoor essential for everyone, from weekend adventurers and tailgaters, to camping and fishing enthusiasts. The Solo Windchill 47 is the only cooler that offers three different ways to chill, all without compromising on space or performance: it keeps drinks and food cold for days with premium foam insulation, features a portable air conditioner built right into the lid, and turns melted ice into mist for that immediate refresh needed during a long day in the sun. The new Solo Windchill 47-quart cooler can be stocked with 65 cans and guarantees over three hours of active cooling power on one single charge. In addition to superior cooling technologies, the new launch features accessory attachment systems, integrated bottle opener, charging ports, all-terrain wheels, a rear-facing drain,telescoping handle, and more. The Solo Windchill47 is the first of many new innovations under the evolving Solo brand. It will feature the new logo, which is a reflection of the brand's evolution beyond fire and expansion into new categories, as well as Solo Stove's commitment to designing products that elevate outdoor living in all forms. The innovative Solo Windchill 47 cooler will launch in two colors at $649.99. It will be available for pre-order starting May 14th and will begin shipping in early-June. Consumers can head to SoloStove.com where it is exclusively available for purchase and follow the brand on social @solostove to stay up to date on future launches and brand news. Duyuru • May 08
Solo Brands, Inc. to Report Q1, 2025 Results on May 12, 2025 Solo Brands, Inc. announced that they will report Q1, 2025 results Pre-Market on May 12, 2025 Duyuru • Apr 24
New York Stock Exchange Determines to Commence Proceedings to Delist Solo Brands' Class A Common Stock On April 22, 2025, the New York Stock Exchange notified Solo Brands, Inc., and publicly announced, that it had determined to commence proceedings to delist the Company’s Class A common stock, par value $0.001 per share (the “Class A Common Stock”), as a result of the Company’s non-compliance with Rule 802.01D of the NYSE Listed Company Manual due to the Class A Common Stock trading at “abnormally low price” levels and that trading in the Class A Common Stock was suspended immediately. The NYSE will apply to the Securities and Exchange Commission (the “SEC”) to delist the Class A Common Stock upon completion of all applicable procedures. The Company expects that its Class A Common Stock will be quoted for trading on the OTC Pink Market. The OTC Pink Market is a significantly more limited market than the NYSE, and quotation on the OTC Pink Market will likely result in a less liquid market for existing and potential holders of the Class A Common Stock and could further depress the trading price of the Class A Common Stock. The Company can provide no assurance that the Class A Common Stock will trade or continue to trade on this market, whether broker-dealers will provide public quotes of the Class A Common Stock on this market, or whether the trading volume of the Class A Common Stock will be sufficient to provide for an efficient trading market. The transition to the OTC Pink Market will not affect the Company’s business operations, its relationships with partners, suppliers or employees or its SEC reporting obligations. New Risk • Apr 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$7.60m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (US$7.60m market cap). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$21m net loss next year). Duyuru • Apr 14
Solo Brands, Inc., Annual General Meeting, May 23, 2025 Solo Brands, Inc., Annual General Meeting, May 23, 2025. Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Peter Laurinaitis was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 14
Solo Brands, Inc. Auditor Raises 'Going Concern' Doubt Solo Brands, Inc. filed its 10-K on Mar 12, 2025 for the period ending Dec 31, 2024. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Reported Earnings • Mar 12
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: US$1.94 loss per share (further deteriorated from US$1.84 loss in FY 2023). Revenue: US$454.6m (down 8.1% from FY 2023). Net loss: US$113.4m (loss widened 1.8% from FY 2023). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 62%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 17 percentage points per year, which is a significant difference in performance. Duyuru • Mar 05
Solo Brands, Inc. to Report Q4, 2024 Results on Mar 12, 2025 Solo Brands, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 12, 2025 Duyuru • Feb 28
Solo Brands Receives Continued Listing Standard Notice from NYSE Solo Brands, Inc. announced that on February 25, 2025, the Company received notice from the New York Stock Exchange that it was not in compliance with the NYSE’s continued listing standards as a result of the average closing price of the Company’s Class A common stock being less than $1.00 per share over a consecutive 30 trading-day period. In accordance with the NYSE rules, the Company has a period of six months following receipt of the NYSE notice to regain compliance with the minimum share price requirement. The NYSE rules require the Company to notify the NYSE within 10 business days of receiving the NYSE notice of its intent to cure this deficiency, which may include, if necessary, effecting a reverse stock split, subject to approval by the Board of Directors and stockholders of the Company. Under the NYSE rules, the Company’s Class A common stock will continue to be listed and traded on the NYSE during the cure period, subject to the Company’s compliance with other continued listing requirements. The Company can regain compliance at any time during the cure period if on the last trading day of any calendar month during the cure period, its Class A common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. The NYSE notice does not affect the Company’s business operations or its reporting obligations with the Securities and Exchange Commission, nor does it trigger any violation of its debt obligations. Price Target Changed • Feb 13
Price target increased by 9.4% to US$2.13 Up from US$1.95, the current price target is an average from 4 analysts. New target price is 120% above last closing price of US$0.97. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$1.47 next year compared to a net loss per share of US$1.84 last year. Board Change • Feb 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Elisabeth Vanzura was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jan 23
Solo Brands, Inc. Announces Board and Committee Changes On January 16, 2025, Julia M. Brown resigned as a member of the Board of Directors (the Board") of Solo Brands, Inc. (the Company"), effective January 20, 2025. The Company thanks Ms. Brown for her service. On January 22, 2025, the Board appointed Elisabeth Vanzura as a member of the Board. Ms. Vanzura will serve as a Class I director with a term expiring at the 2025 annual meeting of stockholders and until her successor is elected and qualified or her earlier death, resignation or removal. The Board also appointed Ms. Vanzura to serve on the Board's Nominating and Corporate Governance Committee. Additionally, in connection with Ms. Brown's resignation, John Larson has been appointed to serve as the chair of the Board's Nominating and Corporate Governance Committee. Ms. Vanzura, age 60, is the co-founder of GAI Insights, an advisory firm guiding companies on generative AI strategies, since 2023. Ms. Vanzura served as Head of Brand Strategy, Client Lead and Executive Producer for Conductor Productions, a broadcast and digital content creation partner, from March 2020 to June 2023 and Chief Marketing Officer of Rangoon Ruby, a Burnese food chain, from July 2018 to August 2019. She has served in other senior marketing roles at Wahlburgers & Alma Nove, MMB Advertising General Motors and Volkswagen of America. She received her B.S. in Mechanical Engineering from the General Motors Institute (Kettering University) and her M.B.A. from Harvard University. Major Estimate Revision • Nov 14
Consensus EPS estimates fall by 1,272% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.107 to -US$1.46 per share. Revenue forecast unchanged at US$474.9m. Leisure industry in the US expected to see average net income growth of 12% next year. Consensus price target up from US$1.95 to US$2.01. Share price fell 19% to US$1.18 over the past week. Reported Earnings • Nov 08
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: US$1.19 loss per share (down from US$0.071 profit in 3Q 2023). Revenue: US$94.1m (down 15% from 3Q 2023). Net loss: US$69.9m (down US$74.0m from profit in 3Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Duyuru • Nov 08
Solo Brands, Inc. Reaffirms Earnings Guidance for 2024 Solo Brands, Inc. reaffirmed earnings guidance for 2024. For the period, the company expects Total revenue to be between $470 million to $490 million for 2024. Duyuru • Oct 24
Solo Brands, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Solo Brands, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024 New Risk • Oct 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$77.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$3.2m net loss next year). Market cap is less than US$100m (US$77.9m market cap). Duyuru • Sep 27
Solo Brands, Inc. Announces Resignation of Matthew Webb as Chief Operating Officer On September 23, 2024, Matthew Webb notified Solo Brands, Inc. of his decision to resign as Chief Operating Officer of the Company, effective September 27, 2024. New Risk • Sep 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$82.6m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$3.2m net loss next year). Market cap is less than US$100m (US$82.6m market cap). Duyuru • Aug 15
Solo Brands, Inc. Announces the Resignation of Marc Randolph from the Board, Effective August 31, 2024 On August 8, 2024, Marc Randolph notified the board of directors (the “Board”) of Solo Brands, Inc. (the “Company”) that he plans to resign from the Board effective August 31, 2024, due to personal reasons. Major Estimate Revision • Aug 14
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$500.1m to US$474.7m. Now expected to report a loss of US$0.11 per share instead of US$0.06 per share profit previously forecast. Leisure industry in the US expected to see average net income growth of 15% next year. Consensus price target down from US$2.98 to US$1.98. Share price rose 17% to US$1.28 over the past week. Recent Insider Transactions • Aug 13
President recently bought US$325k worth of stock On the 12th of August, Christopher Metz bought around 250k shares on-market at roughly US$1.30 per share. This transaction increased Christopher's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Christopher has been a buyer over the last 12 months, purchasing a net total of US$846k worth in shares. Reported Earnings • Aug 08
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: US$0.053 loss per share (down from US$0.12 profit in 2Q 2023). Revenue: US$131.6m (flat on 2Q 2023). Net loss: US$3.11m (down 142% from profit in 2Q 2023). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Leisure industry in the US. New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings have declined by 61% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 61% per year over the past 5 years. Minor Risk Currently unprofitable and not forecast to become profitable next year (US$48m net loss next year). Duyuru • Aug 07
Solo Brands, Inc. Updates Earnings Guidance for the Year 2024 Solo Brands, Inc. Updated earnings guidance for the year 2024. Total revenue is expected to be between $470 million to $490 million for 2024. Despite exceeding internal expectations for the first half of the year, current 3rd quarter performance has been challenging and believe it is prudent to be cautious given the uncertain macroeconomic environment. As a result, the company is lowering annual guidance for 2024. Duyuru • Jul 24
Solo Brands, Inc. to Report Q2, 2024 Results on Aug 07, 2024 Solo Brands, Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 07, 2024 Price Target Changed • Jul 08
Price target decreased by 25% to US$2.98 Down from US$3.99, the current price target is an average from 5 analysts. New target price is 38% above last closing price of US$2.16. Stock is down 61% over the past year. The company is forecast to post earnings per share of US$0.06 next year compared to a net loss per share of US$1.84 last year. Duyuru • Jul 03
Solo Brands, Inc.(NYSE:DTC) dropped from Russell 2500 Growth Index Solo Brands, Inc.(NYSE:DTC) dropped from Russell 2500 Growth Index Recent Insider Transactions • Jun 14
President recently bought US$295k worth of stock On the 13th of June, Christopher Metz bought around 150k shares on-market at roughly US$1.96 per share. This transaction increased Christopher's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Christopher has been a buyer over the last 12 months, purchasing a net total of US$521k worth in shares. New Risk • May 12
New major risk - Revenue and earnings growth Earnings have declined by 61% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Duyuru • May 12
Solo Brands, Inc., Annual General Meeting, May 24, 2024 Solo Brands, Inc., Annual General Meeting, May 24, 2024. Duyuru • May 10
Solo Brands, Inc. Reaffirms Earnings Guidance for the Full Year 2024 Solo Brands, Inc. reaffirmed earnings guidance for the full year 2024. For the year, company expects total revenue to be between $490 million to $510 million for 2024. Reported Earnings • May 09
First quarter 2024 earnings released: US$0.059 loss per share (vs US$0.015 profit in 1Q 2023) First quarter 2024 results: US$0.059 loss per share (down from US$0.015 profit in 1Q 2023). Revenue: US$85.3m (down 3.3% from 1Q 2023). Net loss: US$3.40m (down 468% from profit in 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Leisure industry in the US. Duyuru • Apr 27
Solo Brands, Inc. to Report Q1, 2024 Results on May 09, 2024 Solo Brands, Inc. announced that they will report Q1, 2024 results Pre-Market on May 09, 2024 Major Estimate Revision • Mar 21
Consensus EPS estimates fall by 81% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$503.2m to US$495.3m. EPS estimate also fell from US$0.16 per share to US$0.03 per share. Net income forecast to grow 98% next year vs 29% growth forecast for Leisure industry in the US. Consensus price target down from US$4.86 to US$3.82. Share price fell 6.6% to US$2.25 over the past week. Recent Insider Transactions • Mar 19
President recently bought US$227k worth of stock On the 15th of March, Christopher Metz bought around 100k shares on-market at roughly US$2.27 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months. Price Target Changed • Mar 15
Price target decreased by 17% to US$4.04 Down from US$4.86, the current price target is an average from 7 analysts. New target price is 90% above last closing price of US$2.12. Stock is down 67% over the past year. The company posted a net loss per share of US$1.84 last year. Duyuru • Mar 15
Solo Brands, Inc. Provides Earnings Guidance for the Full Year 2024 Solo Brands, Inc. provided earnings guidance for the full year 2024. For the year, company expects total revenue to be between $490 million to $510 million for 2024. Reported Earnings • Mar 14
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: US$1.84 loss per share (further deteriorated from US$0.078 loss in FY 2022). Revenue: US$494.8m (down 4.4% from FY 2022). Net loss: US$111.3m (loss widened US$106.4m from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Leisure industry in the US. Duyuru • Mar 01
Solo Brands, Inc. to Report Q4, 2023 Results on Mar 14, 2024 Solo Brands, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 14, 2024 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$2.98, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Leisure industry in the US. Total loss to shareholders of 30% over the past year. Duyuru • Jan 10
Solo Brands, Inc. Announces Chief Executive Officer Changes, Effective January 15, 2024 Solo Brands, Inc. announced the appointment of Christopher T. Metz as its new Chief Executive Officer (CEO), effective January 15, 2024. Mr. Metz succeeds John Merris, who will mutually separate from the Company as its CEO effective as of the same date. Prior to joining the Company, Mr. Metz, age 58, served as President and Chief Executive Officer of Vista Outdoor Inc. from October 2017 to March 2023. Prior to Vista Outdoor Inc., Mr. Metz served as President and Chief Executive Officer of Arctic Cat Inc., a manufacturer of all-terrain vehicles, recreational off-road vehicles and snowmobiles, from December 2014 to March 2017. Mr. Metz currently serves on the board of Central Garden & Pet Company, a producer and distributor of lawn, garden, and pet supplies. Mr. Metz graduated from the University of Delaware with a BS in Business Administration and Management in 1987 and from the University of North Carolina with a Master of Business Administration in 1992. Mr. Metz has been selected to serve as a director based on his extensive experience and proven leadership, strategic decision making, and business performance as well as his experience as a chief executive officer. Duyuru • Jan 09
Solo Brands, Inc. Announces Management Changes, Effective January 15, 2024 Solo Brands, Inc. announced the appointment of Christopher T. Metz as its new President and Director of the Board, effective January 15, 2024. In addition, as of the Effective Date, the Board appointed Mr. Metz as a Class III director with a term that will expire at the 2024 Annual Meeting of Stockholders of the Company. Mr. Metz succeeds Mr. John Merris, who has mutually separated from the Company as a Director and the President and Chief Executive Officer of the Company, as of the Effective Date. Mr. Metz, age 58, served as President and Chief Executive Officer of Vista Outdoor Inc. from October 2017 to March 2023. Prior to Vista Outdoor Inc., Mr. Metz served as President and Chief Executive Officer of Arctic Cat Inc., a manufacturer of all-terrain vehicles, recreational off-road vehicles and snowmobiles, from December 2014 to March 2017. Mr. Metz currently serves on the board of Central Garden & Pet Company, a producer and distributor of lawn, garden, and pet supplies. Mr. Metz graduated from the University of Delaware with a BS in Business Administration and Management in 1987 and from the University of North Carolina with a Master of Business Administration in 1992. Mr. Metz has been selected to serve as a director based on his extensive experience and proven leadership, strategic decision making, and business performance as well as his experience as a chief executive officer. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 42% After last week's 42% share price decline to US$3.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Leisure industry in the US. Total loss to shareholders of 11% over the past year. Duyuru • Jan 08
Solo Brands, Inc. Revises Earnings Guidance for the Fiscal Year 2023 Solo Brands, Inc. revised earnings guidance for the fiscal year 2023. For the year, the company expects revenue to be between $490 million and $500 million. This compares to the company’s previous guidance of $520 million to $540 million. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$5.43, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Leisure industry in the US. Total returns to shareholders of 28% over the past year. Recent Insider Transactions • Nov 16
Chief Financial Officer recently sold US$471k worth of stock On the 9th of November, Somer Webb sold around 108k shares on-market at roughly US$4.35 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Somer's only on-market trade for the last 12 months. New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Reported Earnings • Nov 09
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: US$0.071 (up from US$0.035 loss in 3Q 2022). Revenue: US$110.3m (up 8.0% from 3Q 2022). Net income: US$4.13m (up US$6.33m from 3Q 2022). Profit margin: 3.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Leisure industry in the US. Duyuru • Nov 08
Solo Brands, Inc. Reaffirms Earnings Guidance for the Full Year of 2023 Solo Brands, Inc. reaffirmed earnings guidance for the full year of 2023. For the year, the company expects revenue to be in the range of $520 million to $540 million, with the most likely outcome at the midpoint of that range of $530 million which reflects the pressure from the macro environment as well as the timing of shipments that pulled forward from the fourth quarter into the third quarter. New Risk • Nov 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$4.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Leisure industry in the US. Total returns to shareholders of 8.0% over the past year. Duyuru • Oct 26
Solo Brands, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Solo Brands, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 07, 2023