Solo Brands Announces Fourth Quarter and Fiscal Year 2023 Results Provides Full Year 2024 Guidance

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Go back to Solo Brands Announces Fourth Quarter and Fiscal Year 2023 Results Provides Full Year 2024 Guidance

Solo Brands (DTC) PT Lowered to $3.05 at Jefferies, 'New Leadership Should Help Over Time'

March 14, 2024 1:56 PM EDT

Jefferies analyst Randal Konik lowered the price target on Solo Brands (NYSE: DTC) to $3.05 (from $4.00) while maintaining a Hold rating.

The analyst comments "Q4 missed on the top and bottom lines, driven primarily by worse-than-expected wholesale channel performance. Looking... More

Solo Brands (DTC) Misses Q4 EPS by 4c, Misses on Revenue; Offers FY24 Guidance

March 14, 2024 6:51 AM EDT

Solo Brands (NYSE: DTC) reported Q4 EPS of $0.13, $0.04 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $165.3 million versus the consensus estimate of $170.87 million.

GUIDANCE:

Solo Brands sees FY2024 revenue of $490-510 million, versus the consensus... More