DTC

Grove Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024
Home Goods, Retail, Specialty, International, PVOH, Partnership, Health, Growth, Alcoholism, The Honest Company, Polyvinyl alcohol, Grove Collaborative, Adjustment, Plastic, Advertising, Webcast, Customer experience, Wellness, Category, Selection, DTC, PVA, Video game

DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.

Key Points: 
  • DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.
  • Plastic Intensity Across the Entire Grove Business - including both Grove Brands and third-party products through online sales and retail partners - was 1.07 pounds of plastic4 per $100 in net revenue in the fourth quarter of 2023, an improvement from 1.11 pounds in the third quarter of 2023 and 1.08 pounds in the fourth quarter of 2022.
  • Plastic Intensity for Grove Brands Only across online and retail sales was 1.07 pounds of plastic per $100 in revenue in the fourth quarter of 2023, an improvement from 1.14 pounds in the third quarter of 2023, but up from 0.98 pounds in the fourth quarter of 2022.
  • Excluding this product category, Grove Brands plastic intensity was 0.57 pounds in the fourth quarter of 2023, an improvement from the third quarter of 2023 of 0.63 pounds but slightly up from 0.56 pounds in the fourth quarter of 2022.

Amer Sports Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides 2024 Outlook and Long-Term Financial Algorithm

Retrieved on: 
Tuesday, March 5, 2024
Other Sports, General Sports, Sports, Racket (sports equipment), Amer Sports, Marketing, Golf, Inventory, Growth, Baseball, Tennis, Sport, IPO, Channel, EPS, Acceleration, DTC

Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.

Key Points: 
  • Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.
  • By channel, DTC expanded 37% led by Technical Apparel in Americas and Greater China, with strength in both stores and online.
  • Operating profit for 4Q 2023 was $60 million compared to operating loss of $58 million for 4Q 2022.
  • SG&A deleverage drove a 215 basis point decline in 4Q 2023 adjusted operating profit margin to 10.4% compared to 4Q 2022.

Vintage Wine Estates Provides Update on Asset Sales as Company Progresses Towards Streamlined Business Model and Announces Forbearance Agreement with Lenders

Retrieved on: 
Tuesday, March 5, 2024
Retail, Food, Beverage, Wine & Spirits, Wine, VWE, Second, Sale, Disclosure, Oppenheimer Holdings, Security, DTC, Security (finance)

We are actively executing against our planned roadmap to engage potential acquirers for our stand-alone DTC and certain production services businesses, in addition to other assets.

Key Points: 
  • We are actively executing against our planned roadmap to engage potential acquirers for our stand-alone DTC and certain production services businesses, in addition to other assets.
  • The Company believes it is well positioned to close certain of these transactions over the next few months.
  • The Second A&R Loan and Security Agreement currently has principal amounts outstanding of $324.3 million as of February 29, 2024.
  • The forbearance agreement provides flexibility for the Company to continue executing the previously announced restructuring and transformation while working with its lenders on an amended credit agreement.

Global Daylight Market Outlook & Forecasts 2023-2028: Rising Installation of Roof Lights for Commercial Spaces and Growing Sustainable and Green Buildings Presents Burgeoning Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 5, 2024
Utilities, Environment, Residential Building & Real Estate, Sustainability, Commercial Building & Real Estate, Energy, Construction & Property, Hospital, Investment, Marketing, Growth, B2B, Direct, Tenant, Carbon, VELUX, Supermarket, MEA, Electricity, Hospitality, Housing, DTC, Renewable energy

Some of the major vendors dominating the global daylight market include Velux, Brett Martin, and Lamilux Heinrich Strunz Holding.

Key Points: 
  • Some of the major vendors dominating the global daylight market include Velux, Brett Martin, and Lamilux Heinrich Strunz Holding.
  • The global daylight market is primarily stimulated by installing new daylight systems in new construction projects and replacing existing ones.
  • The growing focus on sustainable and green building practices is a significant driver of the global daylight market.
  • Replacement Installation Segment: The replacement installation segment held the largest share of the global daylight market in 2022.

Solo Brands, Inc. Fourth Quarter and Fiscal 2023 Financial Results To Be Released Thursday, March 14, 2024

Retrieved on: 
Thursday, February 29, 2024
Home Goods, Other Retail, Specialty, Lifestyle, Online Retail, Consumer, Fashion, Retail, ISLE, Webcast, DTC, Conference

Solo Brands, Inc. (NYSE: DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove , Chubbies , Oru Kayak , and ISLE , and Icy Breeze today announced that it plans to report its fourth quarter and fiscal 2023 financial results on March 14, 2024, before the market opens.

Key Points: 
  • Solo Brands, Inc. (NYSE: DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove , Chubbies , Oru Kayak , and ISLE , and Icy Breeze today announced that it plans to report its fourth quarter and fiscal 2023 financial results on March 14, 2024, before the market opens.
  • ET to discuss its financial results.
  • A live webcast of the conference call will be available in the investor relations section of DTC’s website, https://investors.solobrands.com .
  • A recorded replay of the call will be available shortly after the conclusion of the call and remain available until March 21, 2024.

Fisker Inc. Announces Preliminary Q4 and Full Year 2023 Results*

Retrieved on: 
Thursday, February 29, 2024
Vehicle Technology, Automotive, General Automotive, EV, Electric Vehicles, Alternative Energy, Energy, Alternative Vehicles, Fuels, ASPS, Research, OEM, Multimedia, Fisker Inc., Annual report, Fisker Ocean, SUV, SG&A, Sale, Public expenditure, OTA, MSRP, Workforce, Inc., Bank statement, DTC, Partnership

Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its preliminary financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its preliminary financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • As a result, we pivoted to a new Dealer Partner model at the end of 2023 and announced this strategic shift in early January 2024.
  • We still must prove that this model works, as it goes against the approach taken by other independent EV start-ups.
  • Fisker is projecting the total of these items to be within a range of $320 million to $390 million1.

Kontoor Brands Reports 2023 Fourth Quarter and Full Year Results; Provides 2024 Outlook and Announces Project Jeanius Global Transformation

Retrieved on: 
Wednesday, February 28, 2024
Fashion, Online Retail, Retail, Manufacturing, Specialty, Textiles, Lee, ERP, International, Expense, Kontoor Brands, POS, Forecasting, Investment, Share repurchase, Wrangler, Digital, Growth, Capital expenditure, Female, Line of credit, Ratio, United States Customs Service, GAAP, KTB, Administration, Jeanius, EPS, Internet, Environment, DTC, Music

“Our POS performance in the U.S. outpaced shipments in the fourth quarter and resulted in continued market share gains.

Key Points: 
  • “Our POS performance in the U.S. outpaced shipments in the fourth quarter and resulted in continued market share gains.
  • Selling, General & Administrative (SG&A) expenses were $204 million or 30.5 percent of revenue on a reported basis in the fourth quarter.
  • The Company anticipates the impact from Project Jeanius to begin in the fourth quarter of 2024, with more significant benefits expected in 2025 and 2026.
  • Kontoor Brands will host its fourth quarter and full year 2023 conference call beginning at 8:30 a.m. Eastern Time today, February 28, 2024.

Syndromic Multiplex Diagnostic Markets with COVID-19 Impacts, Strategies and Trends, Forecasts and Executive Guides & Customization - Global Forecasts to 2029 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 26, 2024
Other Health, Health, Science, Pharmaceutical, Research, POCT, DTC, RSV, Live, SARS-CoV-2, PCR, STI, Disease

5.2.3 Infectious Disease is Declining But..

Key Points: 
  • 5.2.3 Infectious Disease is Declining But..
    5.2.5 Economic Growth improves Living Standards.
  • 5.3.3 Syndrome Testing Moving to Big Instruments?
  • 5.4.6 Syndromics drives POCT adoption.
  • 5.4.7 A Big Future for PCR?

Delta Galil Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, February 26, 2024
Fashion, Online Retail, Retail, Luxury, Manufacturing, Specialty, Textiles, Growth, Delta Galil Industries, DTC, Video game

Delta Galil Industries, Ltd. (DELG/Tel Aviv Stock Exchange), the global manufacturer and marketer of branded and private label intimate, activewear, loungewear and denim apparel for ladies, men, and children, today reported financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Delta Galil Industries, Ltd. (DELG/Tel Aviv Stock Exchange), the global manufacturer and marketer of branded and private label intimate, activewear, loungewear and denim apparel for ladies, men, and children, today reported financial results for the fourth quarter and year ended December 31, 2023.
  • Gross margin in the fourth quarter of 2023 increased to a fourth quarter all-time record of 43.1%, compared to 39.7% in the fourth quarter of 2022.
  • EBIT in the fourth quarter of 2023 was $56.2 million or 11.0% of sales compared to $57.2 million or 10.5% of sales in the prior-year period.
  • The Company recorded no non-core items in its fourth quarter of 2023.

Carewell Secures $24.7 Million in Series B Funding to Revolutionize Familial Caregiving Experience

Retrieved on: 
Thursday, February 22, 2024
Men, Medical Devices, Fund Raising, General Health, Philanthropy, Fitness & Nutrition, People with Disabilities, Consumer, Lifestyle, Health, Health Technology, Retail, Other Health, Other Consumer, Women, Seniors, Online Retail, Sageview Capital, CFO, Caregiver, Spouse, Customer service, Parent, Series, Incontinence, Arteza, Family, Patient, Chewy (company), DTC, Management

This latest round of funding was led by the principals of MBF Healthcare, with participation from existing investors Sageview Capital and Headline among others.

Key Points: 
  • This latest round of funding was led by the principals of MBF Healthcare, with participation from existing investors Sageview Capital and Headline among others.
  • In addition, the company has made several senior level hires amidst plans to relocate their headquarters to Miami.
  • “Family caregiving is becoming an increasingly more common experience in the U.S. with spouses, children, parents, and even grandchildren having to take on a caregiving role overnight without warning,” said Bianca Padilla, CEO and Founder of Carewell.
  • The funds from the Series B round will fuel Carewell’s growth strategy, bolster the company’s e-commerce technology, and enhance overall customer experience, focusing on improved service and an expanded suite of products.