SAN FRANCISCO, July 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that its second quarter 2024 financial results will be released after market close on Wednesday, August 7, 2024. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the conference call will be available on the Allbirds ...

SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that Jason Israel has been named VP of Design, effective June 1. Israel reports to Chief Design Officer, Adrian Nyman. Nyman and Israel – alongside the recent addition of a new Color & Materials leader, Ailsa Cordon-Michell, formerly of The North Face and Burberry – further strengthen Allbirds's product team, focu ...

SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that Jason Israel has been named VP of Design, effective June 1. Israel reports to Chief Design Officer, Adrian Nyman. Nyman and Israel – alongside the recent addition of a new Color & Materials leader, Ailsa Cordon-Michell, formerly of The North Face and Burberry – further strengthen Allbirds's product team, focu ...

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Allbirds, Inc. (BIRD) is fortifying its international market presence through a series of calculated distribution agreements. By partnering with established distributors, the company aims to tap diverse markets, thereby fostering deeper brand resonance and customer loyalty.This expansion signifies a pivotal shift toward a distributor model, allowing BIRD to leverage local expertise and infrastructure, which is essential for growth in the competitive global market. The company recently announced the completi ...

Footwear brand finalizes agreements that will cover Benelux and Scandinavia. Japan Region Transitioned to Goldwin Inc. SAN FRANCISCO, June 20, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, announced agreements with distributors in Benelux and Scandinavia. With the completion of these agreements, Allbirds has now penned deals with eight international distributors, following Canada and South Korea in ...

Shares of Allbirds, Inc. (BIRD) have been struggling lately and have lost 26.1% over the past four weeks. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the fut ...

财务数据和关键指标变化 - 第一季度收入为3900万美元,同比下降28%,主要反映了整体需求下降以及公司战略决定恢复全价销售,以及国际分销商转型和门店关闭的预期影响 [39] - 毛利率为46.9%,同比提升680个基点,主要得益于产品成本节省、更健康的库存状况以及恢复直营渠道的全价销售 [39] - 全年毛利率预计在42%-45%区间,反映了减少促销力度、运输成本下降以及越南工厂转移和材料创新带来的初步成本节省,部分被国际市场转为分销商模式拖累 [52] - 第一季度经营费用(不含股份支付和折旧摊销)为3200万美元,同比下降1%,主要得益于人工和租金成本下降,部分被门店关闭和分销商转型相关成本抵消 [40][41] - 第一季度营销费用为800万美元,环比和同比下降,符合公司在新产品推出前保持谨慎营销投放的计划 [44] - 第一季度经营现金流出2600万美元,主要受到季节性因素和部分门店退租成本的影响 [46][47][48] - 公司期末现金和现金等价物为1.02亿美元,无未偿借款 [45] 各条业务线数据和关键指标变化 - 公司正在执行门店优化计划,第一季度关闭3家美国门店,全年计划关闭10-15家表现不佳的美国门店 [24][25][42] - 批发渠道是公司重点关注的渠道,短期内公司将保持谨慎,待产品线更新后再加强合作 [26][27] - 去年新增的亚马逊数字渠道表现超预期,是公司利润性良好的拓展 [29] 各个市场数据和关键指标变化 - 全年美国收入预计为1.5-1.65亿美元,受到约7-9百万美元的门店关闭影响 [51] - 全年国际收入预计为4-4.5亿美元,受到约2.5-2.8亿美元的分销商转型影响 [51] - 加拿大和韩国已于去年第三季度完成分销商转型,日本、澳新等市场将在未来几个月内完成 [30][31] - 公司正在寻求在欧洲大陆等关键区域本地化主要市场,并进入新的地区如海湾国家和东南亚 [31][32] 公司战略和发展方向及行业竞争 - 公司正在执行战略转型计划的4大支柱:重塑产品和品牌、优化美国分销和门店盈利能力、向分销商模式转型、提升成本和资本效率 [13] - 2024年将是公司重拾收入增长动力的一年,通过改善产品和品牌讲述来为2025年的增长做好准备 [15] - 公司将回归全价销售,尽管短期内会对销售产生影响,但这对品牌长期健康至关重要 [15] - 公司正在打造一致的核心系列产品策略,满足消费者全天候的需求 [17][22] - 公司将保持营销投放谨慎,直到下半年推出更丰富的新产品,届时会增加对上游营销的投入以提升品牌知名度和吸引新客户 [23] - 公司正在优化美国市场,包括门店效率和批发渠道分销 [24][26] - 国际市场方面,公司正在加快向分销商模式转型,预计到2024年底将在更多关键区域实现更强大的品牌表达 [30][31][32] 管理层对经营环境和未来前景的评论 - 公司执行团队正在紧急执行转型计划,第一季度业绩符合预期,毛利率和调整EBITDA亏损均有大幅改善 [11][12] - 新推出的Tree Runner Go产品反响良好,验证了公司的核心系列产品策略是正确的 [18][19] - 公司有信心在2025年实现收入增长,正在加快2025年产品管线的开发 [21] - 公司有健康的库存水平和充足的现金储备,有能力执行战略转型计划 [45][49] - 公司预计2024年全年收入为1.9-2.1亿美元,受到门店关闭和国际分销商转型的约3.2-3.7亿美元负面影响 [50][51] - 公司有信心通过执行成本优化措施,到2025年实现2000-2500万美元的成本节省 [49] 问答环节重要的提问和回答 问题1 **Janine Stichter 提问** 对于Tree Runner Go的新产品推出,公司从中学到了哪些经验,对整体业务的价值有多大? [57] **Joe Vernachio 回答** Tree Runner Go代表了公司核心系列产品策略的重要一步,它证明了公司可以丰富现有的核心系列产品,并带动整个系列的销售。这是公司长期核心系列产品策略正确性的早期迹象,未来还会有更多新产品推出。[58] 问题2 **Alex Straton 提问** 作为新任CEO,您目前关注的关键KPI是什么?公司如何看待今年第一季度的收入表现及未来的恢复? [64][65] **Joe Vernachio 回答** 公司的关键KPI之一就是全价销售占比,这是Allbirds作为高端品牌的核心。公司很高兴看到从1月份开始,通过清理库存并推出新产品,全价销售比例有了明显改善。[66] **Ann Mitchell 回答** 公司预计第二、三季度的收入同比增长会与第一季度相似,到第四季度会有所好转。这是因为门店关闭和国际市场分销商转型等因素在前期会拖累收入,但随着新产品陆续推出并加大营销投入,收入有望在下半年企稳回升。[67]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40963 Allbirds, Inc. (Exact name of registrant as specified in its charter) Delaware 47-3999983 (State or other jurisdiction of (I.R ...

ALLBIRDS REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Achieves Q1 2024 Financial Guidance Continues to Advance its Strategic Transformation Plan Reiterates Full Year 2024 Outlook; Provides Q2 2024 Guidance SAN FRANCISCO, Calif., May 8, 2024 (GlobeNewswire) – Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the first quarter ended March 31, 2024. First Quar ...