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Wedbush Securities initiated coverage on Allbirds (NASDAQ:BIRD +1.2%) with an Outperform rating and price target of $8. As part of the bullish appraisal, the firm sees Allbirds (BIRD) as a growth story that will include seeing some costs leveraged down. "We believe that as the brand transitio...
SAN FRANCISCO, April 26, 2022 (GLOBE NEWSWIRE) -- Allbirds, Inc., a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that its first quarter 2022 financial results will be released after marke...
Shares of eco-friendly footwear company Allbirds (NASDAQ: BIRD) fell 24% in March according to data provided by S&P Global Market Intelligence . The company, which went public in October, has seen its stock plummet in the ensuing months. It posted a loss in its first earning...
NEW YORK, March 25, 2022 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Tilray, Inc. (NASDAQ:TLRY), ORAGIN Foods (OTC: OGGFF) (TSX.V: OG) , Allbirds, Inc. (NASDAQ:...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Allbirds' growth is accelerating as its operational efficiencies improve. Allbirds has a unique eco-friendly brand position in the industry potentially driving positive growth throughout the decade. The company's financial health and valuation multiples are attractive. Overall...
Market forecasters have raised concerns about a U.S. recession, given rising inflation and the Russia-Ukraine war. In addition, discretionary retail spending tends to decline amid economic downturns. Hence, the overvalued retail stocks Hermes International (HESAY), Lululemon (LULU), e.l.f. Be...
Positive developments out of China sent the broad apparel and footwear sector higher on Wednesday, PVH Corporation (PVH +8.6%), Ralph Lauren (RL +7.7%), Capri Holdings (CPRI +7.2%), Canada Goose (GOOS +6.6%), Kontoor Brands (KTB +4.9%), Vince (VNCE) and Levi Strauss (LEVI +6.0%) were some of ...
Lululemon (LULU -2.2%) announced that it is officially entering the footwear category with four new women’s styles set to debut in 2022. The brand introduce its first-ever running shoe called Blissfeel, which will be available for purchase beginning on March 22 in select markets. Three...
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SAN FRANCISCO, July 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that its second quarter 2024 financial results will be released after market close on Wednesday, Aug...
SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that Jason Israel has been named VP of Design, effective June 1. Israel reports to Chief Design Offi...
2024-05-24 05:45:28 ET Allbirds (NASDAQ: BIRD) stock price has become toxic and is now hovering near its all-time low. It has moved from a record high of $32.40 into an unwanted penny stock as investors worry about its future. Subsequently, its market cap has plunged to about $96 millio...