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home / news releases / BIRD - Allbirds Inc. (BIRD) Q4 2023 Earnings Call Transcript


BIRD - Allbirds Inc. (BIRD) Q4 2023 Earnings Call Transcript

2024-03-12 19:54:03 ET

Allbirds, Inc. (BIRD)

Q4 2023 Earnings Conference Call

March 12, 2024, 5:00 PM ET

Company Participants

Christine Greany - The Blueshirt Group

Joseph Zwillinger - Chief Executive Officer

Joe Vernachio - Chief Operating Officer

Annie Mitchell - Chief Financial Officer

Conference Call Participants

Katherine Delahunt - Morgan Stanley

Janine Stitcher - BTIG

Dylan Carden - William Blair

Abbie Zvejnieks - Piper Sandler

Tom Nikic - Wedbush

Dana Telsey - Telsey Advisory Group

Presentation

Operator

Good day and thank you for standing by. Welcome to the Allbirds Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Christine Greany with The Blueshirt Group. Please begin.

Christine Greany

Good afternoon, everyone, and thank you for joining us. With me on the call today are Joey Zwillinger, CEO; Joe Vernachio, COO; and Annie Mitchell, CFO.

Before we start, I'd like to remind you that we will make certain statements today that are forward-looking within the meaning of the federal securities laws, including statements about our financial outlook, including cash flow and adjusted EBITDA expectations, 2024 guidance targets, impact and duration of external headwinds, strategic transformation plan and related planned efforts, go-to-market strategy, planned transitions to a distributor model in certain international markets, anticipated distributor model arrangements, expected profitability, cost savings targets, gross margin estimates, product plan timelines and expectations, third-party partnership strategy, marketing strategy, and other matters referenced in our earnings release issued today.

These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially. Please also note that these forward-looking statements reflect our opinions only as of the date of this call, and we undertake no obligation to revise any statements to reflect changes that occur after this call.

Please refer to our SEC filings, including our quarterly report on Form 10-Q for the quarter ended September 30th, 2023, for a more detailed description of the risk factors that may affect our results. Also during this call, we will discuss non-GAAP financial measures that adjust our GAAP results to eliminate the impact of certain items.

These non-GAAP items should be used in addition to, and not as a substitute for, any GAAP results. You will find additional information regarding these non-GAAP financial measures and a reconciliation of these non-GAAP measures to their most directly comparable GAAP measures to the extent reasonably available in today's earnings release....

For further details see:

Allbirds, Inc. (BIRD) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Allbirds Inc.
Stock Symbol: BIRD
Market: NASDAQ
Website: allbirds.com

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