Solo Brands For 2024 Expects Revenue Of $490M-$510M Vs. $503.28M Consensus, And Adjusted EBITDA Of 10%-12%

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 assumptions that are subject to change, many of which are outside the Company's control. If actual results vary from these assumptions, the Company's expectations may change. There can be no assurance that the Company will achieve these results.