Financial

Allbirds reports wider loss but outlines cost-saving measures

By 2023-05-10T09:09:00

Allbirds

Having already revealed plans to slow the pace of U.S. store openings and a movement to a distributor model in key international markets, Allbirds reported a Q1 net loss of $35,166,000 against a loss of $21,878,000 for the period ended March 31.

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