DTC - Solo Brands: New CEO Hoping To Reignite Growth
2024-03-18 06:53:16 ET
Summary
- Solo Brands has experienced significant changes in leadership lately, including the recent appointment of Chris Metz as CEO.
- Revenues declined significantly in Q4 2023 and the company booked a large goodwill impairment charge.
- Metz and the new senior leadership team are focusing on reigniting the growth story for the company's core brands, Chubbies and Solo Stove.
Since my first article , Solo Brands ( DTC ) has tanked as the stock is down over 60% since that time. In my prior article, I was bullish on the company’s innovative products, and I liked that the company had been able to increase revenue over the last several years....
Solo Brands: New CEO Hoping To Reignite Growth