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2 Premium Retailers Thriving on Growing DTC Channel Business
MarketBeat· 2024-06-03 22:04
Key Points Direct-to-consumer (DTC) sales include online sales as well as sales at your own branded retail stores, cutting out wholesaler and retailer middlemen and keeping more of the pie. Canadian Goose saw 19% YoY growth, with its DTC channel accounting for nearly 75% of total sales, while wholesale revenues dropped 9% YoY as expected. Ralph Lauren grew its DTC channel to account for 2/3rds of total revenues, up from 50%. 5 stocks we like better than Canada Goose The retail apparel landscape has changed ...
First Atlantic Nickel Launches New Website, Corporate Presentation and Provides an Update on DTC Eligibility and OTCQB Listing
Newsfile· 2024-05-30 21:00
● ● . ● First Atlantic Nickel Launches New Website, Corporate Presentation and Provides an Update on DTC Eligibility and OTCQB Listing May 30, 2024 9:00 AM EDT | Source: First Atlantic Nickel Corp. Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - First Atlantic Nickel Corp. (TSXV: FAN) (OTC Pink: ACPRF) (FSE: P21) ("FAN" or the "Company") is pleased to announce that it has launched a new website and corporate presentation. The website can be found at www.fanickel.com, and the corporate present ...
Canada Goose Flies Higher Driven By DTC Growth
marketbeat.com· 2024-05-20 18:25
Key PointsCanada Goose is a luxury apparel brand selling $1,675 parkas, $425 hoodies and $750 boots to affluent hipsters and outdoorsy types.Canada Goose saw revenues climb 22% YoY in fiscal Q4 2024.Canada Goose has bulked up its higher margin direct-to-consumer (DTC) channel, as revenues rose 19% YOY while its legacy wholesale business sales slumped 9%.5 stocks we like better than Canada GooseLuxury apparel manufacturer Canada Goose Holdings Inc. NYSE: GOOS shares flew 15% on a strong fiscal Q4 2024 earnin ...
solo stove(DTC) - 2024 Q1 - Earnings Call Transcript
2024-05-12 07:05
财务数据和关键指标变化 - 第一季度销售额为8530万美元,同比下降3.3% [16] - 直销渠道收入下降至5100万美元,主要由于营销效果不佳导致网站流量下降 [16] - 批发渠道收入增长至3430万美元,持续增长 [16] - 毛利率下降250个基点至59.2%,主要由于销售渠道结构变化,批发渠道毛利率较低 [17] - 销售、一般及管理费用增加至4840万美元,占销售额56.7%,主要由于营销费用低效、分销成本上升以及专业费用和软件费用增加 [17] - 第一季度净亏损650万美元,调整后净利润170万美元,调整后EBITDA430万美元 [17] 各条业务线数据和关键指标变化 Solo Stove - 直销渠道销售同比下降有所改善,从第四季度的-21%改善至-6.8% [9] - 零售渠道继续保持良好增长势头,与DICK'S合作门店数从350家增至700家,与Tractor Supply合作门店数从100家增至1500多家 [10] - 营销策略调整,从获客营销转向更平衡的获客和留存营销,ROI有所改善 [10] - 引进新的营销代理,有望带来积极影响 [11] - 任命Mike McGowan为Solo Stove总裁,并引进零售渠道销售主管John Junker [11] Chubbies - 第一季度延续了2023年的强劲增长势头 [12] - 推出"Trunks for all"品牌活动,在关键的春季销售旺季前为主要零售伙伴发货,销售超预期 [12] - 继续采取全渠道策略,预计直销、批发和自有零售店均将保持增长 [13] 公司战略和发展方向 - 正在制定公司整体战略规划,预计将在未来电话会议上更新 [8][9] - 正在修复直销渠道,第一季度已有明显改善,但仍有待进一步提升 [9] - 正在建立更平衡的全渠道策略,以避免对EBITDA产生摊薄 [9] - 公司财务状况良好,现金流充沛,负债较低,为未来发展提供支持 [13] 管理层对经营环境和未来前景的评论 - 消费者购买意愿有所下降,公司通过捆绑销售等方式应对更加激烈的促销环境 [23][24][25] - Chubbies品牌的自营门店战略取得进展,未来将继续谨慎扩张,以提升品牌知名度和销售 [26][27][28] - 公司处于业务转型的初期阶段,仍需要一定时间才能完全见效,但管理层对未来发展前景保持信心 [32]
solo stove(DTC) - 2024 Q1 - Quarterly Report
2024-05-10 03:55
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 the transition period from ___________ to ___________ Commission File Number 001-40979 Solo Brands, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 87-1360865 State ...
solo stove(DTC) - 2024 Q1 - Quarterly Results
2024-05-09 19:00
Solo Brands Announces First Quarter Results Reaffirms Full Year 2024 Guidance Grapevine, Texas, May 9, 2024: Solo Brands, Inc. (NYSE: DTC) (“Solo Brands” or “the Company”) today announced its financial results for the three month period ended March 31, 2024. “We are pleased with our first quarter results as sales and adjusted EBITDA came in ahead of our expectations driven by strong performance in our wholesale channel. We were encouraged to see sales trends accelerate as we moved through the quarter,” said ...
Solo Stove Takes Pizza Making to Unprecedented Depths In Honor of National Deep Dish Pizza Day
Prnewswire· 2024-04-05 20:15
活动详情 - Solo Stove将在地下10层举办烹饪课程,庆祝深盘披萨日[1] - 专家厨师Matt Frampton将在Facebook上直播"Deepest Dish"活动[2] - 活动将在Alabama的Majestic Caverns举行,这里是美国记录上第一个洞穴,拥有丰富的历史和壮丽的景观[4]
solo stove(DTC) - 2023 Q4 - Earnings Call Transcript
2024-03-15 00:52
财务数据和关键指标变化 - 第四季度销售额下降20.8%至1.273亿美元,全年下降15.4%至3.581亿美元,主要由于缺乏重大新品发布 [20] - 第四季度毛利率下降150个基点至58.3%,全年下降40个基点至61.1%,主要由于渠道结构变化和收购业务相关的会计调整 [21] - 第四季度净亏损2.11亿美元,全年净亏损1.953亿美元,主要由于计提2.49亿美元的商誉和无形资产减值 [22] - 第四季度调整后净利润1.13亿美元,全年调整后净利润5,480万美元,调整后EBITDA7,020万美元 [22] 各条业务线数据和关键指标变化 - 直销渠道第四季度收入下降20.8%至1.273亿美元,全年下降15.4%至3.581亿美元,主要由于缺乏重大新品发布 [20] - 批发渠道第四季度收入增长4.2%至3,800万美元,全年增长45.1%至1.367亿美元,持续增长 [20] 各个市场数据和关键指标变化 - 公司未具体披露各个市场的数据和关键指标变化 公司战略和发展方向及行业竞争 - 公司正在进行全面的战略评估,制定明确的长期计划,重点关注Solo Stove和Chubbies两大核心业务 [10][11][16] - 将加强直销渠道的表现,同时保持批发渠道的增长,并制定更全面的全渠道策略 [12][16] - 将加强产品创新,提升营销效率,并建立更强大的管理团队 [13][14][15] - 认为Solo Stove和Chubbies仍处于较早成长阶段,有很大的增长空间 [16] 管理层对经营环境和未来前景的评论 - 新任CEO对公司的核心品牌和消费者粘性表示高度认可,但也认识到需要改善的地方 [8][9][17] - 将集中精力发展Solo Stove和Chubbies两大核心业务,提升营销效率和产品创新能力,并建立更强大的管理团队 [10][11][12][13][14][15][16] - 对公司的长期增长前景表示信心,但认为需要一定时间来完成必要的改革 [17] 问答环节重要的提问和回答 问题1 **Randy Konik 提问** 询问公司在直销和批发渠道的最优分布比例 [26][27] **Chris Metz 回答** 公司将继续在直销和批发渠道并重发展,但需要制定针对性的渠道策略,平衡两个渠道的发展 [27][28] 问题2 **Chasen Bender 提问** 询问2024年EBITDA指引中营销费用压缩的具体情况 [39][40] **Chris Metz 和 Laura Coffey 回答** 公司将终止与现有营销公司的合作,并聘请新的营销代理,希望通过更有效的营销投放来提升ROAS,但第一季度仍会受到之前营销策略的影响 [40][41][42] 问题3 **Anna Glaessgen 提问** 询问对直销渠道的预期 [50][51][52][53] **Chris Metz 回答** 直销渠道在第四季度表现较差,主要是由于基数较高,但公司有信心通过改善营销策略、加强产品创新等措施来逐步改善直销渠道的表现 [52][53]
Solo Brands, Inc. (DTC) Q4 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-03-14 21:06
Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.28, delivering a surprise of 180%.Over the last four quarters, the company h ...
Solo Brands Announces Fourth Quarter and Fiscal Year 2023 Results Provides Full Year 2024 Guidance
Businesswire· 2024-03-14 18:50
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands, Inc. (NYSE: DTC) (“Solo Brands” or “the Company”) today announced its financial results for the three and twelve month periods ended December 31, 2023. “I am thrilled to be leading Solo Brands. In my first two months here I have been incredibly impressed with the strength of our core brands, record operating cash flow and the tremendous growth potential ahead,” said Chris Metz, CEO of Solo Brands. “I also recognize that there is work to be done to build the ...