Digital Brands Group (DBGI) Issues Guidance Updates
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DBGI Provides Revenue, Bookings and Guidance Updates
January 7, 2022 8:30 AM ESTAUSTIN, Texas, Jan. 7, 2022 /PRNewswire/ -- Digital Brands Group, Inc. ("DBGI") Â (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces that it is providing a fourth quarter and fiscal year 2021 net revenue update. Additionally, the company is reaffirming its previous 2022 net revenue and EBITDA guidance. Finally, the company announces that its first quarter 2022 wholesale bookings increased 125% versus the same period a year ago driven by Bailey 44 and Stateside.Â
Fourth Quarter & Fiscal Year 2021 Revenue Update
Estimated fourth quarter 2021 revenues is expected to come in line with our previous forecast of approximately... More
