Solo Brands, Inc. operates a direct-to-consumer platform that offers outdoor lifestyle branded products in the United States. The company provides camp stoves under the Solo Stove Lite brand name; fire pits under the Solo Stove brand name; grills, cook tops, and tools; kayaks under the Oru brand name; paddle boards under the ISLE brand name; and storage solutions for fire pits, firewood, and other accessories. It also offers swim trunks, casual shorts, sport products, polos, shirts, and lounge products under the Chubbies brand name; consumables, such as color packs, starters, natural charcoal, and firewood products; and accessories comprising shelters, shields, roasting sticks, tools, paddles, backpacks, and hand pumps under the Solo Stove, Oru, and ISLE brands. The company was founded in 2011 and is headquartered in Southlake, Texas.
IPO Year: 2021
Exchange: NYSE
Website: solostove.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/2/2024 | Overweight → Underweight | JP Morgan | |
1/10/2024 | $10.00 → $4.00 | Buy → Neutral | Citigroup |
1/10/2024 | $12.00 → $4.00 | Buy → Hold | Jefferies |
1/8/2024 | Outperform → Mkt Perform | William Blair | |
1/8/2024 | Overweight → Neutral | Piper Sandler | |
1/8/2024 | $5.00 | Buy → Hold | Craig Hallum |
12/12/2023 | $5.50 | Neutral | B. Riley Securities |
9/25/2023 | $8.00 | Buy | Craig Hallum |
6/14/2023 | Outperform | William Blair | |
11/17/2022 | $7.00 | Buy | Canaccord Genuity |
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
4 - Solo Brands, Inc. (0001870600) (Issuer)
10-Q - Solo Brands, Inc. (0001870600) (Filer)
8-K - Solo Brands, Inc. (0001870600) (Filer)
8-K - Solo Brands, Inc. (0001870600) (Filer)
8-K - Solo Brands, Inc. (0001870600) (Filer)
10-Q - Solo Brands, Inc. (0001870600) (Filer)
8-K - Solo Brands, Inc. (0001870600) (Filer)
8-K - Solo Brands, Inc. (0001870600) (Filer)
DEFA14A - Solo Brands, Inc. (0001870600) (Filer)
DEF 14A - Solo Brands, Inc. (0001870600) (Filer)
10-K/A - Solo Brands, Inc. (0001870600) (Filer)
Solo Brands (NYSE:DTC), a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel industries, is pleased to announce that Chris Metz, Chief Executive Officer, and Laura Coffey, Chief Financial Officer, are participating in the 16th Annual Southwest IDEAS Conference in Dallas on November 20, 2024. The Company will host one-on-one investor meetings throughout the day. They will also present at 2:45 - 3:20 PM Central Time (CT) on November 20th. The presentation will be webcast live and can be accessed through the company's investor relations website at https://investors.solobrands.com/events-and-presentations/events/default.aspx.
Reaffirms Full Year 2024 Guidance Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and nine month period ended September 30, 2024. "Our third quarter results were in line with our expectations despite a continued challenging macroeconomic backdrop for big ticket consumer durable items," said Chris Metz, Chief Executive Officer of Solo Brands. "We continue to see strong momentum and excitement from our retail partners; however, as expected, sales in our direct-to-consumer channel were challenged. During the quarter, we took decisive measures to address factors that were hindering our growth, and as a result of these actions,
Solo Brands, Inc (NYSE:DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its third quarter fiscal 2024 financial results on November 7, 2024, before the market opens. DTC will host a conference call at 9:00 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 800 715 9871 (international callers, please dial +1 646 307 1963) approximately 10 minutes prior to the start of the call. Please reference Conference ID 3479032 when prompted. A live webcast of the conference call will be availa
Solo Stove Named First + Exclusive Jersey Patch Partner for Islanders Organization Plaza Outside UBS Arena to be Named Solo Stove Plaza as Part of Entitlement Partnership Video and Photo Assets Available Here BELMONT PARK, N.Y., Oct. 10, 2024 /PRNewswire/ -- The New York Islanders and UBS Arena announce today a milestone multi-year partnership with Solo Stove, a leading outdoor lifestyle brand within Solo Brands (NYSE: DTC) and creator of the world's best-selling smokeless fire pit. Solo Stove is proud to partner with the Islanders, who have a loyal and passionate fan base, to further its vision of bringing people together through outdoor gatherings.
As Creative Director of Football, 49ers Tight End, George Kittle Leads The Charge In Chubbies' License Agreement With The NFL AUSTIN, Texas, Sept. 18, 2024 /PRNewswire/ -- Chubbies, the weekend-centric lifestyle apparel brand within the Solo Brands (NYSE:DTC) portfolio, is thrilled to announce its latest collaboration with the NFL, marking a bold expansion into sports-inspired apparel. This momentous announcement is paired with the appointment of George Kittle, NFL tight end for the San Francisco 49ers, as Chubbies' Creative Director of Football, propelling their creative partnership to new heights.
No more blowing smoke. No more gimmicks. No more stunts. Just blunt. GRAPEVINE, Texas, Aug. 20, 2024 /PRNewswire/ -- Solo Stove, a leading outdoor lifestyle brand within Solo Brands (NYSE: DTC) and creator of the world's best-selling smokeless fire pit, is launching their new campaign, "Blunt Marketing" as their biggest marketing campaign to date. The brand that set the internet ablaze with the launch of its awareness driven stunt, Snoop Goes Smokeless, is teaming up with Snoop Dogg once again putting bluntness at the forefront of their new creative campaign to drive trial of the brand's best in class products.
Updates Full Year 2024 Guidance Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and six month period ended June 30, 2024. "We are pleased with our second quarter results and were encouraged to see strong retail sales and sequential improvement in our direct-to-consumer business" said Chris Metz, Chief Executive Officer of Solo Brands. "During the quarter we continued to make investments in talent and systems, setting the foundation needed to drive sustainable long-term growth while also completing the Solo Brands' strategic plan based on an in-depth analysis of our business. However, the near-term environment remains quit
Solo Brands, Inc (NYSE:DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its second quarter fiscal 2024 financial results on August 7, 2024, before the market opens. DTC will host a conference call at 8:30 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 833 470 1428 (international callers, please dial +1 929 526 1599) approximately 10 minutes prior to the start of the call. Please reference Conference ID 207489 when prompted. A live webcast of the conference call will be availab
The 2024 Three-Part Series Honors Past, Present, and Future Champions AUSTIN, Texas, July 12, 2024 /PRNewswire/ -- Chubbies, the weekend-centric lifestyle apparel brand within the Solo Brands (NYSE: DTC) portfolio, is ecstatic to announce a monumental collaboration with Team USA and Olympic Heritage. This summer begins a multi-year collaboration with Team USA beginning with the Paris Olympics through the LA 2028 Olympics. With a nod to the champions of yesteryear and an eye on the future stars of tomorrow, Chubbies invites fans to embark on a journey through time, style, and athletic prowess, unveiling a capsule series that celebrates the unparalleled greatness of America's Olympians past, p
Reaffirms Full Year 2024 Guidance Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three month period ended March 31, 2024. "We are pleased with our first quarter results as sales and adjusted EBITDA came in ahead of our expectations driven by strong performance in our wholesale channel. We were encouraged to see sales trends accelerate as we moved through the quarter," said Chris Metz, Chief Executive Officer of Solo Brands. "During the quarter we made considerable progress on developing our strategic plan for our core brands, while continuing to focus on putting the right people and processes in place to position us to generat
As Creative Director of Football, 49ers Tight End, George Kittle Leads The Charge In Chubbies' License Agreement With The NFL AUSTIN, Texas, Sept. 18, 2024 /PRNewswire/ -- Chubbies, the weekend-centric lifestyle apparel brand within the Solo Brands (NYSE:DTC) portfolio, is thrilled to announce its latest collaboration with the NFL, marking a bold expansion into sports-inspired apparel. This momentous announcement is paired with the appointment of George Kittle, NFL tight end for the San Francisco 49ers, as Chubbies' Creative Director of Football, propelling their creative partnership to new heights.
The brand is celebrating Deep Dish Pizza Day this year with a livestream cooking class 10 stories beneath the Earth's crust GRAPEVINE, Texas, April 5, 2024 /PRNewswire/ -- Solo Stove, the pioneering outdoor lifestyle brand within Solo Brands (NYSE:DTC), is thrilled to announce an unprecedented culinary escapade–"Deepest Dish", a pizza cooking adventure beneath the Earth's crust. In honor of Deep Dish Pizza Day, the national holiday occurring annually on April 5th, Solo Stove is descending 10 stories underground into Alabama's Majestic Caverns, where they will host a cooking class in what is likely the deepest location that any deep dish pizza has ever been made or consumed.
Appoints Laura Coffey to Chief Financial Officer Appoints Michael McGoohan to Newly Created Chief Growth Officer and EVP Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or the "Company") an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, and Icy Breeze, today announced two leadership appointments: Laura Coffey as Chief Financial Officer and Michael McGoohan to the newly created position of Chief Growth Officer and Executive Vice President, effective immediately. Ms. Coffey will lead the Company's financial operations and Mr. McGoohan will lead the Company's commercial operations and strategic growth initiatives. Both executives will report to Christopher Me
The Popular Outdoor Lifestyle Brand Joins the Beloved Holiday Spectacle with New "Igniting Memories" Float GRAPEVINE, Texas and NEW YORK, Oct. 12, 2023 /PRNewswire/ -- Solo Stove, a home and outdoor lifestyle brand within Solo Brands (NYSE: DTC), is thrilled to announce its participation in the 97th Macy's Thanksgiving Day Parade® on November 23, 2023. On Thanksgiving morning, Solo Stove will warm the hearts of live spectators and viewers across the country with its "Igniting Memories" float, depicting a beautiful outdoor campfire scene. Paying homage to the fireside tradition
Solo Brands, Inc (NYSE:DTC), ("Solo Brands" or the "Company"), a direct-to-consumer (DTC) platform for rapidly growing lifestyle brands, today announced the appointment of Somer Webb as Chief Financial Officer (CFO), effective May 16, 2022. As previously announced, Sam Simmons, the Company's current CFO, will help support the transition and will remain at Solo Brands to ensure a smooth transition. "Sam has been an integral part of the Solo Brands team, and I appreciate his hard work and dedication to the company," said John Merris, Chief Executive Officer, "I thank Sam for his many contributions and wish him well in his future endeavors." Somer brings over 15 years of financial experience
Solo Brands (NYSE:DTC) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $0.00. This is a 70 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $85.324 million which beat the analyst consensus estimate of $79.283 million by 7.62 percent. This is a 3.27 percent decrease over sales of $88.207 million the same period last year.
Solo Brands (NYSE:DTC) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of undefined by Infinity percent. This is a 70 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $85.324 million which beat the analyst consensus estimate of $79.283 million by 7.62 percent. This is a 3.27 percent decrease over sales of $88.207 million the same period last year.
Gainers El Pollo Loco Holdings (NASDAQ:LOCO) shares increased by 14.1% to $9.81 during Thursday's after-market session. The company's market cap stands at $305.9 million. As per the news, the Q1 earnings report came out today. Golden Heaven Group Hldgs (NASDAQ:GDHG) stock moved upwards by 7.03% to $0.35. The company's market cap stands at $18.1 million. Booking Holdings (NASDAQ:BKNG) shares moved upwards by 6.53% to $3700.0. The company's market cap stands at $125.8 billion. The company's, Q1 earnings came out today. RumbleON (NASDAQ:RMBL) shares increased by 5.0% to $5.25. The market value of their outstanding shares is at $185.0 million. J-Long Group (NASDAQ:JL) shares rose 4.99% to $
Gainers Lucid Gr (NASDAQ:LCID) shares moved upwards by 18.1% to $3.27 during Monday's pre-market session. The company's market cap stands at $7.5 billion. Target Hospitality (NASDAQ:TH) stock rose 16.36% to $10.38. The market value of their outstanding shares is at $1.0 billion. Kandi Technologies Gr (NASDAQ:KNDI) shares rose 8.87% to $2.33. The market value of their outstanding shares is at $203.5 million. Jiuzi Hldgs (NASDAQ:JZXN) stock rose 6.73% to $3.01. The market value of their outstanding shares is at $354.2 million. SunCar Tech Gr (NASDAQ:SDA) shares rose 6.0% to $7.24. The market value of their outstanding shares is at $637.8 million. Solo Brands (NYSE:DTC) shares rose 5.48%
Jefferies analyst Randal Konik maintains Solo Brands (NYSE:DTC) with a Hold and lowers the price target from $4 to $3.05.
B. Riley Securities analyst Anna Glaessgen reiterates Solo Brands (NYSE:DTC) with a Neutral and lowers the price target from $4 to $2.2.
Piper Sandler analyst Peter Keith reiterates Solo Brands (NYSE:DTC) with a Neutral and lowers the price target from $4 to $3.
Full Year 2024 Outlook Mr. Metz commented, "We continue to be incredibly excited about the strength of our brands and believe in our long-term growth strategy. As we focus on 2024, we see tremendous opportunity for both channel and category expansion in our business; however, we are mindful of the current uncertain environment and are not immune to the pressures on consumers' discretionary spending. Given this backdrop, we are putting forth the following guidance for 2024: Total revenue is expected to be between $490 million to $510 million for 2024. Adjusted EBITDA margin* is expected to be between 10% to 12% for 2024. The Company's full year 2024 guidance is based on a number of assump
Solo Brands (NYSE:DTC) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.17 by 23.53 percent. The company reported quarterly sales of $165.318 million which missed the analyst consensus estimate of $166.151 million by 0.50 percent. This is a 16.19 percent decrease over sales of $197.243 million the same period last year.
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Reaffirms Full Year 2024 Guidance Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and nine month period ended September 30, 2024. "Our third quarter results were in line with our expectations despite a continued challenging macroeconomic backdrop for big ticket consumer durable items," said Chris Metz, Chief Executive Officer of Solo Brands. "We continue to see strong momentum and excitement from our retail partners; however, as expected, sales in our direct-to-consumer channel were challenged. During the quarter, we took decisive measures to address factors that were hindering our growth, and as a result of these actions,
Solo Brands, Inc (NYSE:DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its third quarter fiscal 2024 financial results on November 7, 2024, before the market opens. DTC will host a conference call at 9:00 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 800 715 9871 (international callers, please dial +1 646 307 1963) approximately 10 minutes prior to the start of the call. Please reference Conference ID 3479032 when prompted. A live webcast of the conference call will be availa
Updates Full Year 2024 Guidance Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and six month period ended June 30, 2024. "We are pleased with our second quarter results and were encouraged to see strong retail sales and sequential improvement in our direct-to-consumer business" said Chris Metz, Chief Executive Officer of Solo Brands. "During the quarter we continued to make investments in talent and systems, setting the foundation needed to drive sustainable long-term growth while also completing the Solo Brands' strategic plan based on an in-depth analysis of our business. However, the near-term environment remains quit
Solo Brands, Inc (NYSE:DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its second quarter fiscal 2024 financial results on August 7, 2024, before the market opens. DTC will host a conference call at 8:30 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 833 470 1428 (international callers, please dial +1 929 526 1599) approximately 10 minutes prior to the start of the call. Please reference Conference ID 207489 when prompted. A live webcast of the conference call will be availab
Reaffirms Full Year 2024 Guidance Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three month period ended March 31, 2024. "We are pleased with our first quarter results as sales and adjusted EBITDA came in ahead of our expectations driven by strong performance in our wholesale channel. We were encouraged to see sales trends accelerate as we moved through the quarter," said Chris Metz, Chief Executive Officer of Solo Brands. "During the quarter we made considerable progress on developing our strategic plan for our core brands, while continuing to focus on putting the right people and processes in place to position us to generat
Solo Brands, Inc (NYSE:DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its first quarter fiscal 2024 financial results on May 9, 2024, before the market opens. DTC will host a conference call at 8:30 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 833 470 1428 (international callers, please dial +1 929 526 1599) approximately 10 minutes prior to the start of the call. Please reference Conference ID 803756 when prompted. A live webcast of the conference call will be available i
Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and twelve month periods ended December 31, 2023. "I am thrilled to be leading Solo Brands. In my first two months here I have been incredibly impressed with the strength of our core brands, record operating cash flow and the tremendous growth potential ahead," said Chris Metz, CEO of Solo Brands. "I also recognize that there is work to be done to build the infrastructure, in terms of process, systems and talent, to support the brands and position the company to deliver consistent growth. Our focus in 2024 is to leverage our brands' strengths while also making strategic invest
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. DTC will host a conference call at 8:30 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 833 470 1428 (international callers, please dial +1 929 526 1599) approximately 10 minutes prior to the start of the call. Please reference Conference ID 878308 when prompted. A live webcast of the conference call will be available
Updates 2023 Full-Year Sales and EBITDA Guidance Appoints Christopher T. Metz as President and Chief Executive Officer Solo Brands, Inc. (NYSE:DTC) ("the Company" or "Solo Brands") an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, and Icy Breeze today announced the appointment of Christopher T. Metz as its new President, Chief Executive Officer ("CEO") and Director of the Board effective January 15, 2024. Mr. Metz succeeds John Merris, who will mutually separate from the Company as its President, CEO and Director effective as of the same date. Mr. Metz has more than 25 years of experience leading consumer and durable goods companies and has compiled
Reaffirms Full Year 2023 Guidance Solo Brands, Inc. (NYSE:DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and nine month periods ended September 30, 2023. Third Quarter 2023 Highlights Compared to Third Quarter 2022 Net sales of $110.3 million, up $8.2 million or 8.0% Net income of $3.1 million, up $7.1 million or 176.7% Income (loss) per Class A common stock - basic and diluted of $0.07 Adjusted net income(1) of $15.2 million, up $7.6 million or 100.7% Adjusted EBITDA(1) of $15.0 million, up $3.7 million or 33.0% Adjusted EPS(1) of $0.28 per diluted share, up $0.13 Nine Months Ended 2023 Highlights Compared to Nine Months E
JP Morgan downgraded Solo Brands from Overweight to Underweight
Citigroup downgraded Solo Brands from Buy to Neutral and set a new price target of $4.00 from $10.00 previously
Jefferies downgraded Solo Brands from Buy to Hold and set a new price target of $4.00 from $12.00 previously
William Blair downgraded Solo Brands from Outperform to Mkt Perform
Piper Sandler downgraded Solo Brands from Overweight to Neutral
Craig Hallum downgraded Solo Brands from Buy to Hold and set a new price target of $5.00
B. Riley Securities initiated coverage of Solo Brands with a rating of Neutral and set a new price target of $5.50
Craig Hallum initiated coverage of Solo Brands with a rating of Buy and set a new price target of $8.00
William Blair resumed coverage of Solo Brands with a rating of Outperform
Canaccord Genuity initiated coverage of Solo Brands with a rating of Buy and set a new price target of $7.00