Digital Brands Q3 revenue falls

Reuters

Nov 15

<a href="https://laohu8.com/S/DBGI">Digital Brands</a> Q3 revenue falls

Overview

Digital Brands Q3 revenue declines to $1.7 mln, primarily due to softer wholesale revenue
Net loss for Q3 remains at $3.5 mln, consistent with last year
Company sees significant growth in AVO collegiate brand, expects further expansion

Outlook

Company expects higher wholesale bookings for Spring 2026 compared to Spring 2025
Company sees significant growth opportunity in collegiate brand expansion
Company plans to expand AVO collegiate brand to more universities

Result Drivers

WHOLESALE BOOKINGS - Co reports higher bookings for Spring 2026 wholesale orders compared to Spring 2025, driven by a change in head designer
COLLEGIATE GROWTH - Significant revenue growth in AVO collegiate brand, driven by expansion at one university, with plans to add more
GROSS MARGIN DECLINE - Decline in gross profit margins attributed to fixed costs including warehouse rent and labor expenses

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$1.70 mln
Q3 EPS		-$1.18
Q3 Net Income		-$3.50 mln

Press Release: ID:nGNX5xSd40

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4094","symbol_name":"服装零售","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251114:nL1N3WQ13G:1","article_id":"2583848456","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583848456","pubTimestamp":1763154660,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Digital Brands Q3 revenue fallsOverviewDigital Brands Q3 revenue declines to $1.7 mln, primarily due to softer wholesale revenueNet loss for Q3 remains at $3.5 mln, consistent with last yearCompany se","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4094":"服装零售","DBGI":"Digital Brands Group, Inc.","BK4122":"互联网与直销零售","BK4539":"次新股"},"translate_title":"数字品牌第三季度收入下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DBGI":0.9},"content_text":"Digital Brands Q3 revenue fallsOverviewDigital Brands Q3 revenue declines to $1.7 mln, primarily due to softer wholesale revenueNet loss for Q3 remains at $3.5 mln, consistent with last yearCompany sees significant growth in AVO collegiate brand, expects further expansionOutlookCompany expects higher wholesale bookings for Spring 2026 compared to Spring 2025Company sees significant growth opportunity in collegiate brand expansionCompany plans to expand AVO collegiate brand to more universitiesResult DriversWHOLESALE BOOKINGS - Co reports higher bookings for Spring 2026 wholesale orders compared to Spring 2025, driven by a change in head designerCOLLEGIATE GROWTH - Significant revenue growth in AVO collegiate brand, driven by expansion at one university, with plans to add moreGROSS MARGIN DECLINE - Decline in gross profit margins attributed to fixed costs including warehouse rent and labor expensesKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Revenue$1.70 mlnQ3 EPS-$1.18Q3 Net Income-$3.50 mlnPress Release: ID:nGNX5xSd40For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}