Solo Brands Reaffirms FY23 Revenues Of $520M - $540M Vs. $541.45M Est.
Portfolio Pulse from Benzinga Newsdesk
Solo Brands has reaffirmed its FY23 revenue guidance of $520M - $540M, which is slightly below the estimated $541.45M.
August 04, 2023 | 1:14 pm
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NEGATIVE IMPACT
Solo Brands' reaffirmed FY23 revenue guidance is slightly below the estimated $541.45M, which may impact investor sentiment towards DTC.
Solo Brands' revenue guidance, which is slightly below the estimated $541.45M, may lead to a negative sentiment among investors, potentially impacting the stock price of DTC in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100