Solo Brands, Inc. (DTC) Q3 2024 Earnings Call Transcript
Solo Brands, Inc. (NYSE:DTC ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Mark Anderson - Investor Relations Chris Metz - President and Chief Executive Officer Laura Coffey - Chief Financial Officer Conference Call Participants Anna Glaessgen - B. Riley Matthew Raab - Craig-Hallum Operator Good day, ladies and gentlemen, and welcome to the Solo Brands, Inc., Third Quarter Fiscal 2024 Financial Results Conference Call.
Solo Brands, Inc. (DTC) Misses Q3 Earnings Estimates
Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.28 per share a year ago.
Skechers Q3 Earnings Beat, DTC Sales Rise Y/Y, FY2024 Guidance Up
SKX's record sales with strong demand across regions, driven by its comfort technology and strategic investments position the brand for continued growth.
South Pacific Metals Receives DTC Eligibility; Engages Think Ink and 45 Degrees for Marketing and Advertising Services
VANCOUVER, BC / ACCESSWIRE / September 26, 2024 / South Pacific Metals Corp. (TSXV:SPMC)(FSE:6J00)(OTCQB:SPMEF) ("SPMC" or the "Company"), an emerging gold-copper exploration company operating across Papua New Guinea's proven production corridors, is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). The Company also announces that it has entered into marketing and advertising agreements with Think Ink Marketing Data and Email Services Inc. and 45 Degrees Inc. DTC Eligibility South Pacific reports that its common shares are now DTC eligible, a significant milestone that is expected to simplify the process of trading and enhance liquidity of South Pacific's common shares in the United States.
Disney Faces 'More Change Ahead' As ESPN DTC Launch Will Accelerate Cord Cutting: NBA Rights, College Football Offer Upside, Analyst Says
An analyst views the launch of ESPN's DTC streaming platform as a mixed bag for The Walt Disney Company DIS, with both positives and negatives. While potential challenges loom, renewed NBA rights and NCAA football playoffs could help offset future weakness.
Galloper Gold Retains Bantr Media Inc. and Obtains DTC Eligibility for U.S. Trading
VANCOUVER, BC / ACCESSWIRE / September 12, 2024 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) (the "Company" or "Galloper") announces that its common shares have been made eligible for book-entry delivery and depository services of the Depository Trust Company (" DTC ") to facilitate electronic settlement of transfers of its common shares in the United States. DTC eligibility simplifies the process of trading and can enhance liquidity of Galloper Gold's shares on the OTC Pink Markets where the stock is quoted under the symbol "GGDCF".
Solo Brands: Struggling As Consumer Demand Fades
Despite positive consumer feedback, Solo Brands is experiencing lower-than-expected traffic on its direct-to-consumer business, leading to lowered revenue guidance. Debt continues to rise as the company now has a very high leverage ratio. Solo Brands is moving to an omnichannel approach, which could help the new management team turn the business around.
Solo Brands, Inc. (DTC) Q2 Earnings Lag Estimates
Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.22 per share a year ago.
Earnings Preview: Solo Brands, Inc. (DTC) Q2 Earnings Expected to Decline
Solo Brands (DTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is the Options Market Predicting a Spike in Solo Brands (DTC) Stock?
Investors need to pay close attention to Solo Brands (DTC) stock based on the movements in the options market lately.
Solo Brands (DTC) Upgraded to Strong Buy: Here's Why
Solo Brands (DTC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Despite Fast-paced Momentum, Solo Brands (DTC) Is Still a Bargain Stock
Solo Brands (DTC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
