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Solo Brands For 2024 Revised Revenue Outlook To $470M-$490M (From $490M-$510M Prior) Vs. $499.77M Consensus, And Adjusted EBITDA Of 9%-10%

Author: Benzinga Newsdesk | August 07, 2024 06:56am

"We continue to be laser focused on stabilizing our business while investing in our capabilities and infrastructure to return to growth in 2025", said Chris Metz, Chief Executive Officer of Solo Brands. "Despite exceeding our internal expectations for the first half of the year, our current 3rd quarter performance has been challenging and we believe it is prudent to be cautious given the uncertain macroeconomic environment. As a result, we are lowering our annual guidance for 2024."

Posted In: DTC


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