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) 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.
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.
Investors need to pay close attention to Solo Brands (DTC) stock based on the movements in the options market lately.
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.
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.
Investors interested in stocks from the Internet - Commerce sector have probably already heard of Solo Brands, Inc. (DTC) and MercadoLibre (MELI). But which of these two companies is the best option for those looking for undervalued stocks?
Levi Strauss & Co. boasts a strong quarter with direct-to-consumer growth and innovative fashion, but can it navigate the choppy waters of the retail market?
Levi Strauss & Co (NYSE:LEVI) shares were down around 15% ahead of Thursday, after quarterly earnings disappointed. Coming in at $1.44 billion, revenue for the second quarter was slightly shy of the consensus Wall Street forecast of $1.45 billion.
WBD is using Networks cash flows to deleverage and finance the DTC push. Once leverage targets are reached, the company will be able to buy back stock. DTC is at an inflection point and profitability is expected for FY2025. A portfolio of leading content franchises will help the business to continue growing. WBD is currently trading at 3X underlying earnings as the market seems to ignore the growth potential.
Solo Brands focuses on DTC business for outdoor and lifestyle products in the US. Stock performance has been disappointing, currently trading at $1.9 per share. It recently faced underperformance in marketing. The management has taken active steps to turnaround the situation, in my opinion. Risk-reward remains decent, suggesting a potential undervaluation.
The retail apparel landscape has changed considerably. The days of thriving shopping malls are over, as they've been dying a slow death accelerated by the COVID-19 pandemic.