Solo Brands
About: Solo Brands Inc is a Direct-To-Consumer (DTC) platform. It operates four premium outdoor lifestyle brands Solo Stove, Oru, ISLE, TerraFlame, IcyBreeze, and Chubbies apparel. Solo Stove offers portable, low-smoke fire pits, grills, and camping stoves for backyard and outdoor use in different sizes, fire pit bundles, gear kits, stoves, cookware, dinnerware, and a variety of clothing and accessories. Oru offers a flagship line of lightweight, foldable kayaks. ISLE produces high-quality stand-up paddle boards with colorful designs that are engineered to accommodate every skill level, style, and interest. Chubbies is a fun-loving, premium apparel brand that offers well-fitted comfortable clothing, and other brands with different services and products.
Employees: 400
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
0% more funds holding
Funds holding: 90 [Q2] → 90 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
3.59% less ownership
Funds ownership: 112.48% [Q2] → 108.89% (-3.59%) [Q3]
18% less call options, than puts
Call options by funds: $202K | Put options by funds: $245K
40% less capital invested
Capital invested by funds: $149M [Q2] → $89.9M (-$59.4M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3
178%
upside
Avg. target
$3
178%
upside
High target
$3
178%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Canaccord Genuity Brian McNamara 60% 1-year accuracy 26 / 43 met price target | 178%upside $3 | Buy Maintained | 19 Nov 2024 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Solo Brands: Potential Danger, Proceed With Caution
Solo Brands faced a tough 2024, with significant revenue declines and restructuring costs, but new management's strategic moves offer hope for a rebound in 2025. Key restructuring includes winding down IcyBreeze and consolidating ISLE Paddle Boards and Oru Kayaks, aiming to streamline operations and realize synergies. CEO Chris Metz's recent stock purchase and strategic retail focus signal confidence in a long-term turnaround, making Solo Brands a high-risk, high-reward investment.
Neutral
Business Wire
1 month ago
Solo Brands to Present and Host 1:1 Meetings at the 16th Annual Southwest IDEAS Conference on November 20, 2024
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands (NYSE: DTC), a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel industries, is pleased to announce that Chris Metz, Chief Executive Officer, and Laura Coffey, Chief Financial Officer, are participating in the 16th Annual Southwest IDEAS Conference in Dallas on November 20, 2024. The Company will host one-on-one investor meetings throughout the day. They will also present at 2:45.
Neutral
Seeking Alpha
1 month ago
Solo Brands, Inc. (DTC) Q3 2024 Earnings Call Transcript
Solo Brands, Inc. (NYSE:DTC ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Mark Anderson - Investor Relations Chris Metz - President and Chief Executive Officer Laura Coffey - Chief Financial Officer Conference Call Participants Anna Glaessgen - B. Riley Matthew Raab - Craig-Hallum Operator Good day, ladies and gentlemen, and welcome to the Solo Brands, Inc., Third Quarter Fiscal 2024 Financial Results Conference Call.
Negative
Zacks Investment Research
1 month ago
Solo Brands, Inc. (DTC) Misses Q3 Earnings Estimates
Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.28 per share a year ago.
Neutral
Business Wire
1 month ago
Solo Brands, Inc. Announces Third Quarter Results
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands, Inc. (NYSE: DTC) (“Solo Brands” or “the Company”) today announced its financial results for the three and nine month period ended September 30, 2024. "Our third quarter results were in line with our expectations despite a continued challenging macroeconomic backdrop for big ticket consumer durable items," said Chris Metz, Chief Executive Officer of Solo Brands. "We continue to see strong momentum and excitement from our retail partners; however, a.
Neutral
Business Wire
1 month ago
Solo Brands, Inc. Third Quarter Fiscal 2024 Financial Results To Be Released Thursday, November 7, 2024
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands, Inc (NYSE: DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its third quarter fiscal 2024 financial results on November 7, 2024, before the market opens. DTC will host a conference call at 9:00 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to di.
Neutral
PRNewsWire
2 months ago
Solo Stove Fires Up Islanders Announcing a Milestone Partnership with the New York Islanders and UBS Arena
Solo Stove Named First + Exclusive Jersey Patch Partner for Islanders Organization Plaza Outside UBS Arena to be Named Solo Stove Plaza as Part of Entitlement Partnership Video and Photo Assets Available Here BELMONT PARK, N.Y., Oct. 10, 2024 /PRNewswire/ -- The New York Islanders and UBS Arena announce today a milestone multi-year partnership with Solo Stove, a leading outdoor lifestyle brand within Solo Brands (NYSE: DTC ) and creator of the world's best-selling smokeless fire pit.
Neutral
PRNewsWire
3 months ago
CHUBBIES UPS ITS GAME WITH NEW NFL OFFICIAL LICENSED PRODUCT & EXPANDS GEORGE KITTLE'S ROLE AS CREATIVE DIRECTOR OF FOOTBALL
As Creative Director of Football, 49ers Tight End, George Kittle Leads The Charge In Chubbies' License Agreement With The NFL AUSTIN, Texas , Sept. 18, 2024 /PRNewswire/ -- Chubbies , the weekend-centric lifestyle apparel brand within the Solo Brands (NYSE: DTC) portfolio, is thrilled to announce its latest collaboration with the NFL, marking a bold expansion into sports-inspired apparel.
Neutral
Seeking Alpha
4 months ago
Solo Brands: Struggling As Consumer Demand Fades
Despite positive consumer feedback, Solo Brands is experiencing lower-than-expected traffic on its direct-to-consumer business, leading to lowered revenue guidance. Debt continues to rise as the company now has a very high leverage ratio. Solo Brands is moving to an omnichannel approach, which could help the new management team turn the business around.
Negative
Zacks Investment Research
4 months ago
Solo Brands, Inc. (DTC) Q2 Earnings Lag Estimates
Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.22 per share a year ago.
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