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Allbirds Names COO and Industry Veteran Joe Vernachio as Chief Executive Officer

Allbirds Names COO and Industry Veteran Joe Vernachio as Chief Executive Officer
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Allbirds Stock Falls After Earnings: Here's Why - Allbirds (NASDAQ:BIRD)

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. ....

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Allbirds announces new CEO, plans to close some U.S. stores as shoe demand remains subdued

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… ....

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