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Article Date: January 2022
Word Count: 255

Solo Brands Plans Future Acquisitions


The recently public parent of Solo Stove, Chubbies, Oru Kayak and Isle paddleboards, raised its full-year revenue guidance to $400 to $402 million, up from $344 to $352 million prior, in advance of the ICR Conference. Adjusted EBITDA guidance was also bumped up to $120 to $121 million from previous guidance of $107 to $109 million. Pro-forma full-year revenues for the four brands will be about $482 million, up about 130% from 2020, with Solo Stove up 170% to $361 million, and the other brands up 60% to $121 million.

 

About 84% of Solo’s revenues came from its own DTC e-commerce ... Log in to view full article.

 


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