NYSE$SBDS
Solo Brands Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Solo Brands' Q3 2024 results were in line with expectations, but direct-to-consumer channel sales were challenged.
Solo Brands reported Q3 2024 net sales of $94.1 million, a decrease of 14.7% compared to Q3 2023. The company experienced a net loss of $111.5 million, and adjusted EBITDA decreased to $6.5 million. Despite challenges in the direct-to-consumer channel, Solo Brands reaffirmed its full-year 2024 guidance.
- Net sales decreased by 14.7% to $94.1 million compared to Q3 2023.
- Net loss was $111.5 million, a decrease of $114.5 million year-over-year.
- Direct-to-consumer channel net sales decreased by 15.5% to $64.5 million.
- The company reaffirmed its full-year 2024 revenue guidance of $470 million to $490 million.
Headline financials
Revenue & EPS history
Solo Brands · Revenue · Quarterly
$94.1M
Forward guidance
Solo Brands reaffirmed its full year 2024 outlook.
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 2024
-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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