AllbirdsNASDAQ: BIRD

Allbirds (BIRD) expands its global reach by securing distribution agreements in Benelux and Scandinavia, enhancing its presence in the key international markets.

Footwear brand finalizes agreements that will cover Benelux and Scandinavia. Japan Region Transitioned to Goldwin Inc.

After losing some value lately, a hammer chart pattern has been formed for Allbirds, Inc. (BIRD), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Allbirds (NASDAQ: BIRD) stock price has become toxic and is now hovering near its all-time low. It has moved from a record high of $32.40 into an unwanted penny stock as investors worry about its future.

In the midst of a turnaround plan, the footwear brand said it expects revenue to further decline this year.

Allbirds Inc (NASDAQ:BIRD), the eco-friendly shoemaker, is trading 15% lower in the US pre-market after its full-year losses widened and it revealed the replacement for its departing co-founder chief executive. Fourth quarter losses per share slipped to US$0.22, worsening on the prior year's loss of US$0.15 per share, but keeping in line with Zacks estimates.

Allbirds, Inc. (BIRD) came out with a quarterly loss of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.15 per share a year ago.

Allbirds, Inc. (BIRD) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Allbirds, Inc. (BIRD) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.