Allbirds misses by $0.05, misses on revs; guides Q1 revs below consensus
- Reports Q4 (Dec) loss of $0.17 per share, $0.05 worse than the S&P Capital IQ Consensus of ($0.12); revenues fell 13.4% year/year to $84.2 mln vs the $96.81 mln S&P Capital IQ Consensus.
- Co issues downside guidance for Q1, sees Q1 revs of $45-$50 mln vs. $67.47 mln S&P Capital IQ Consensus. Adjusted EBITDA loss of $29 million to $26 million.
Allbirds announces appointment of Annie Mitchell as Chief Financial Officer, effective April 24, 2023
- Co also announces the appointment of Annie Mitchell as Chief Financial Officer, effective April 24, 2023. She will succeed Mike Bufano, who will be stepping down from Allbirds and will remain with the company through mid-May to ensure a smooth transition.
- Annie Mitchell is an experienced finance executive in the retail industry and joins Allbirds from Gymshark, where she is wrapping up her role as Vice President of Finance and Insights.
No comments:
Post a Comment