Financial

Driving toward breakeven results, Allbirds preps a wholesale strategy

By Bob McGee 2022-02-24T16:14:00

Allbirds

Allbirds reported positive adjusted Ebitda of $0.4 million for the fourth quarter of 2021, compared with a loss of $5.3 million in the corresponding period of 2020, thanks to higher revenues combined with a reduction in marketing expenses from 29.8 percent to 19.1 percent of sales. The company attributed the ...

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