Allbirds Sees Q3 Revenue $56M-$61M, Down 23%-16% YoY, Vs $61.62M Est
Portfolio Pulse from Benzinga Newsdesk
Allbirds expects its Q3 revenue to be between $56M and $61M, which is a decrease of 16%-23% YoY. This is lower than the estimated $61.62M.
August 08, 2023 | 9:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Allbirds' Q3 revenue is expected to be lower than estimated, indicating a YoY decrease of 16%-23%.
Allbirds' lower than expected Q3 revenue forecast indicates a potential decrease in sales or profitability, which could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100