Financial

Allbirds’ turnaround plan remains bumpy

By 2023-11-09T10:57:00

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Citing a negative impact on revenues due to its transition to a direct selling model in both Canada and South Korea, Allbirds now expects its annual revenues to sink by 15 to 22 percent to a range of $66 to 72 million. The annual adjusted Ebitda loss is now pegged ...

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