Allbirds

Allbirds Receives Notice of Non-Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Monday, April 8, 2024

Allbirds’ Class A common stock will continue to be listed and traded on the Nasdaq, subject to Allbirds’ compliance with other Nasdaq continued listing standards, and operations are not affected by receipt of the Notice.

Key Points: 
  • Allbirds’ Class A common stock will continue to be listed and traded on the Nasdaq, subject to Allbirds’ compliance with other Nasdaq continued listing standards, and operations are not affected by receipt of the Notice.
  • In accordance with Nasdaq Listing Rule 5810(c)(3)(A), Allbirds has 180 calendar days from the date of the Notice, or until September 30, 2024, to regain compliance with the minimum bid price requirement.
  • Allbirds may regain compliance at any time within the 180 calendar day period if the bid price for Allbirds’ common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days.
  • If Allbirds does not regain compliance during the 180 day period, Allbirds may be eligible for an additional period of 180 days to regain compliance.

Allbirds to Participate at Upcoming Investor Conference

Retrieved on: 
Wednesday, March 27, 2024

SAN FRANCISCO, March 27, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that Joe Vernachio, CEO, and Annie Mitchell, CFO, will be participating in the J.P. Morgan 10th Annual Retail Round Up on Thursday, April 4, 2024 in New York City.

Key Points: 
  • SAN FRANCISCO, March 27, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that Joe Vernachio, CEO, and Annie Mitchell, CFO, will be participating in the J.P. Morgan 10th Annual Retail Round Up on Thursday, April 4, 2024 in New York City.

Allbirds Names COO and Industry Veteran Joe Vernachio as Chief Executive Officer

Retrieved on: 
Tuesday, March 12, 2024

Vernachio has served as Allbirds’s COO since June 2021.

Key Points: 
  • Vernachio has served as Allbirds’s COO since June 2021.
  • In 2023, the Company increased his responsibilities to include oversight of commercial and international functions, in addition to operations.
  • Vernachio brings decades of experience in the retail industry and a long track record of building enduring brands.
  • “Building Allbirds with my co-founder Tim Brown, alongside our talented and dedicated Flock, has and continues to be an incredible privilege.

Allbirds Announces Fourth Quarter and Full Year 2023 Earnings Conference Call

Retrieved on: 
Tuesday, February 20, 2024

SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD), a global lifestyle brand that innovates with sustainable materials to make better footwear and apparel products in a better way, today announced that its fourth quarter and full year 2023 financial results will be released after market close on Tuesday, March 12, 2024.

Key Points: 
  • SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD), a global lifestyle brand that innovates with sustainable materials to make better footwear and apparel products in a better way, today announced that its fourth quarter and full year 2023 financial results will be released after market close on Tuesday, March 12, 2024.
  • The company will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
  • A live webcast of the conference call will be available on the Allbirds investor relations website at https://ir.allbirds.com .
  • A replay will be made available online and archived for 12 months on the investor relations website following the conference call.

Edifecs to Exhibit and Speak at HIMSS24

Retrieved on: 
Friday, March 8, 2024

#WhatIRun: Edifecs will feature its nationally acclaimed #WhatIRun campaign at HIMSS24.

Key Points: 
  • #WhatIRun: Edifecs will feature its nationally acclaimed #WhatIRun campaign at HIMSS24.
  • #WhatIRun is partnered with Allbirds to give away shoes to visitors at the Edifecs booth throughout the HIMSS24 conference.
  • For every tweet that includes the #WhatIRun hashtag throughout the duration of HIMSS24, Edifecs will donate $1 to the women’s health organization Bright Pink .
  • For more information about the #WhatIRun program, visit: https://www.whatirun.org/
    For updates on the latest news and announcements at HIMSS24, please follow @Edifecs on X, formerly known as Twitter.

Allbirds Announces Executive Leadership Appointments

Retrieved on: 
Wednesday, January 17, 2024

SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better footwear and apparel products in a better way, today announced two new executive leadership appointments.

Key Points: 
  • SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better footwear and apparel products in a better way, today announced two new executive leadership appointments.
  • Kelly Olmstead, formerly SVP of Brand & Marketing, has been promoted to Chief Marketing Officer; and footwear industry veteran Adrian Nyman was appointed to the newly created position of Chief Design Officer, both effective December 2023.
  • "We are thrilled to be further strengthening our team with highly accomplished leaders, particularly during this transformational time for Allbirds,” said Joey Zwillinger, CEO.
  • “Their deep industry expertise, operational capabilities, and creativity will add tremendous value as we continue to focus on reigniting product and brand in 2024 and beyond.

Wildfire Systems' Rewards Platform Drives Nearly $600 Million in Online Purchases in 2023 for Merchants in Over 50 Countries

Retrieved on: 
Tuesday, December 12, 2023

SAN DIEGO, Dec. 12, 2023 /PRNewswire/ -- Wildfire Systems Inc., an innovative financial technology platform that powers white label loyalty programs, today announced that consumers initiated more than 50 million online shopping journeys on its platform in 2023, leading to nearly $600 million in e-commerce sales. Wildfire exceeded company growth projections, attributing its rapid expansion to establishing new partnerships with financial services providers looking to add new revenue streams and additional value added services and benefits for their customers as they seek relief from rising prices.

Key Points: 
  • SAN DIEGO, Dec. 12, 2023 /PRNewswire/ -- Wildfire Systems Inc., an innovative financial technology platform that powers white label loyalty programs, today announced that consumers initiated more than 50 million online shopping journeys on its platform in 2023, leading to nearly $600 million in e-commerce sales.
  • Wildfire's focus on platform innovation in 2023 allowed the company to provide additional value to its clients.
  • Expanding its enterprise, bank-grade platform: Wildfire continued to fortify its platform to meet the needs of partners within highly regulated, exacting industries.
  • Platform enhancements: Wildfire continued to innovate its white label shopping rewards platform with features that enable clients to delight their end users.

Allbirds Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Achieves Q3 2023 Guidance Targets; Delivers Continued Progress Under the Company’s Strategic Transformation Plan
    SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the third quarter ended September 30, 2023.
  • “Our third quarter results reflect another quarter of solid execution under our Strategic Transformation Plan,” said Joey Zwillinger, Co-Founder and CEO.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the section titled “Reconciliation of GAAP to Non-GAAP Financial Measures” for our third quarter 2023 and 2022 results included in this press release.
  • Allbirds will host a conference call to discuss the results, followed by Q&A, at 5:00 p.m. Eastern Time today, November 8, 2023.

Allbirds Black Friday (2023): Summary of Early Gifts for Women & Men Offers Reported by Retail Egg

Retrieved on: 
Wednesday, November 8, 2023

Retail Egg earns commissions from purchases made using the links provided.

Key Points: 
  • Retail Egg earns commissions from purchases made using the links provided.
  • By using eco-friendly materials like merino wool and eucalyptus fibers, Allbirds ensures a comfortable and guilt-free wearing experience.
  • With their extensive selection and dedication to sustainable practices, Allbirds stands as a symbol of responsible fashion in today's market.
  • Black Friday, occurring on November 24 this year, marks an opportune moment for shoe enthusiasts to revamp their footwear collection.

Wool Runner 2: Allbirds reimagines iconic first shoe that shot them to fame

Retrieved on: 
Friday, November 3, 2023

Meet the Wool Runner 2: the original icon, back and better-than-before with more than 15 brand new innovations and upgrades, including (warning: shoe jargon incoming):

Key Points: 
  • Meet the Wool Runner 2: the original icon, back and better-than-before with more than 15 brand new innovations and upgrades, including (warning: shoe jargon incoming):
    Unparalleled comfort thanks to a series of upgrades.
  • Allbirds underwent extensive wear testing to perfect the comfort of the Wool Runner 2 to be suitable for all-day use, and has added half-sizes to the franchise to find a perfect fit for every foot.
  • “The Wool Runner 2 is a dramatically improved product experience.
  • It is available in half sizes across men’s and women’s, online at www.allbirds.com and in stores now.