NYSE$SBDS
Solo Brands Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Announced strong results, exceeding third quarter expectations with strong revenue growth and healthy gross margins.
Solo Brands reported a 47.1% increase in net sales to $102.2 million compared to Q3 2021. However, the company experienced a net loss of $4.0 million and a decrease in adjusted net income and adjusted EBITDA.
- Net sales increased by 47.1% to $102.2 million.
- Net loss was $4.0 million.
- Adjusted net income decreased by 52.1% to $7.6 million.
- Adjusted EBITDA decreased by 38.1% to $11.2 million.
Headline financials
Revenue & EPS history
Solo Brands · Revenue · Quarterly
$102M
Forward guidance
The company revised its full year revenue guidance and reaffirming its previous guidance for adjusted gross margin and adjusted EBITDA margin.
Tailwinds
- Adjusted gross margin is planned to be above 60% of total revenue.
- Adjusted EBITDA margin is expected to be in the mid-teens as a percentage of total revenue.
Headwinds
- Total revenue is expected to grow 15% to 20% versus our prior guidance of a mid-20% range.
- Guidance is based on a number of assumptions that are subject to change and many of which are outside the Company’s control.
- If actual results vary from these assumptions, the Company’s expectations may change.
- There can be no assurance that the Company will achieve these results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q3 2022
-1.4%
Avg return
Earnings day
-3.5%
Avg return
5 days after
-3.7%
Avg return
30 days after
44%
8 / 18 earnings
Positive
+50.8%
Q1 2025
Best reaction
-62.9%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -9.3% | -17.3% | |
| Q3 2025 | -28.3% | -20.1% | -33.9% | |
| Q1 2025 | +50.8% | +30.1% | +119.2% | |
| Q4 2024 | -62.9% | -64.9% | -75.6% | |
| Q3 2024 | -10.3% | -14.4% | -21.9% | |
| Q2 2024 | -41.6% | -37.1% | -28.7% | |
| Q1 2024 | +3.0% | +2.0% | -5.6% | |
| Q4 2023 | -2.9% | -10.4% | -21.2% | |
| Q3 2023 | +14.7% | +13.4% | +35.4% | |
| Q2 2023 | +10.3% | +6.7% | -1.8% | |
| Q1 2023 | -5.2% | -6.6% | -42.0% | |
| Q4 2022 | +36.6% | +66.4% | +99.8% | |
| Q3 2022 | +24.1% | +25.8% | +5.2% | |
| Q2 2022 | -2.0% | -6.0% | -20.7% | |
| Q1 2022 | -5.5% | -15.6% | -8.5% | |
| Q4 2021 | +3.9% | -4.9% | -26.9% | |
| Q3 2020 | +3.1% | -7.2% | -7.1% | |
| Q3 2021 | -11.0% | -11.5% | -15.1% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
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