Allbirds Names COO and Industry Veteran Joe Vernachio as Chief Executive Officer streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Allbirds COO Joe Vernachio Appointed CEO as Company Accelerates Strategic Transformation Plan Company Provides 2024 Outlook SAN FRANCISCO, March 12, 2024 Allbirds, Inc. , a global.
Allbirds reported quarterly losses of 37 cents per share which missed the analyst consensus estimate of losses of 23 cents by more than 60%. Quarterly sales came in at $71.99 million, beating the analyst consensus estimate of $69.058 million by 4.25% and representing a 14.48% decrease over sales of $84.178 million from the same period last year.
Shares of Allbirds Inc. sank after hours on Tuesday after the footwear maker forecast full-year sales that were below expectations and said it would close…