Preview - Please log in to view full article.

Article Date: February 2022
Word Count: 479

Allbirds Sees Sales Accelerating this Year


Net loss widened 12% to $10,440,000 from $9,351,000 on revenues that were up 23% to $97,218,000 from $79,276,000, including U.S. sales that improved 25% to $76,932,000, while international was up 14% to $20,286,000. Footwear was led by the Fluff collection, Dwellers slippers, and the re-release of Smallbirds for Kids, and apparel saw strength in loungewear. Orders were up 6% in the quarter with a 17% boost to average order value aided by new product launches and the 3% price increase in Aug. The Holiday period turned in strong results, with two record sales days across the Black Friday to Cyber ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.