Digital Brands Group Inc (DBGI)

[maent]

I certainly wouldn't hold my breath on this one. It has a long history of selling off on news and anything else..... it just sells off.

[4lmaral]

Unstoppable

[Monksdream]

DBGI new 52 week low

[Backstabbed]

Thank you. would be nice if this thing turns around on today's positive news.

[maent]

Sorry for your loss.

[splintered sunlight]

LMFAO

Hardly - just give it a little more time.

[KeepItRealistic]

Nonsense

[splintered sunlight]

Already down 20%.........

[splintered sunlight]

If there aren't any splits, I see DBGI getting to a nickel before it gets to fifty dollars+++.

IN USA CURRENCY.

[KeepItRealistic]

Based on today’s news

My long term target has moved to $50+++

[Backstabbed]

Thank you, I appreciate the encouragement

[splintered sunlight]

What the Hil did I invest in?

[splintered sunlight]

So sorry to hear that. May his memory only be a blessing and he always remain in your heart.

[KeepItRealistic]

$DBGI news

DBG forecasts over $1.5 million per store or $75 million annually in revenues over entire store fleet

AUSTIN, Texas, Jan. 18, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces that it plans to open 50 retail stores over the next several years, which will be funded by its internal free cash flow. DBG has been reviewing store locations and leases with several large-scale retail developers.


DBG believes retail stores will drive significant brand awareness, lower cost customer acquisition and higher average basket size and customer retention. Based on the store metrics in these developments, DBG forecasts the stores to generate over $1.5 million annually per store with positive store level cash flow. Based on the 50 store openings, DBG forecasts the fleet of stores should generate over $75 million annually in revenues and meaningful store level cash flow.

"We are excited to announce the retail store phase of our growth strategy. We believe the best performing retail brands will have three legs to their growth story: (1) wholesale, (2) e-commerce and (3) retail stores. We believe these stores will also drive revenue in our wholesale and e-commerce channels based on data from other brands who have opened retail stores," said Hil Davis, Chief Executive Officer of Digital Brands Group.

[Backstabbed]

Good morning everyone. I haven’t been very active on X since my dad passed away last week. but I am holding $DBGI shares here.

Good luck

[splintered sunlight]

Cuckoo for coco puffs......

[maent]

Jesus christ man. You have been saying that for well over a year. You are an idiot. You have single handedly cost many investors THOUSANDS of dollars by your relentless pumping. This POS is nothing more than a losing proposition. I can go back to your original posts and prove that you have need WRONG with every post. Can you prove the same anyone else's posts on this board? I'd bet not.

[splintered sunlight]

I've watched.

I've learned.

[KeepItRealistic]

Watch & learn

[splintered sunlight]

Technically from a mathematical standpoint, your target is much more likely.

[maent]

About as much as any of your targets.

[KeepItRealistic]

Total nonsense

[maent]

I am going to load the boat in the true loading zone. .30s Yes, I said it .30s. That is exactly where this piece of SHI* is heading. Hil doesn't have a clue of how to spark and hold interest in a publicly traded company.

[splintered sunlight]

Already down 15%.....

Too bad some bought over $3 without understanding the DD on the company

[eyeownu]

Lol ahh yes. I come for entertainment.keep it up. I'm very pleased

[splintered sunlight]

Great news - good thing it's only down a little bit. Usually after these announcements its down a lot.......

[KeepItRealistic]

$DBGI news

DBG forecasts the store to generate over $1.5 million in annual revenue and $500,000 in annual cash flow

AUSTIN, Texas, Jan. 16, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces that is has signed a Letter of Intent to open its first retail store in March. The Company forecasts the store to generate over $1.5 million in annual revenue and over $500,000 in annual cash flow based on the historical metrics and performance of this store, and excess Sundry inventory prior to the acquisition.


DBG will use this store to clear excess inventory at a meaningfully higher margin than selling into the off-price channel. Importantly, DBG received a significant amount of excess inventory with its Sundry acquisition. Therefore, there will be no additional costs to make these excess units, as they have already been paid for and are at our warehouse. Given this, we expect this store to generate significant annual cash flow of over $500,000 a year.

"We are excited to begin the retail store phase of growth strategy. We believe the best performing retail brands will have three legs to their growth story: (1) wholesale, (2) e-commerce and (3) retail stores. We started with an outlet location due to the finished goods inventory that are already paid for and sitting at our warehouse, as well as the historical metrics and performance of this store," said Hil Davis, Chief Executive Officer of Digital Brands Group.

[splintered sunlight]

Spot on LMFAO

[splintered sunlight]

Wonderful.

It doesn't have to lower much more to go....

[splintered sunlight]

Beginning?

[KeepItRealistic]

Nonsense
My DD is spot on
C u at $30+

[KeepItRealistic]

$DBGI not going to stay at this level for long

$DBGI math don’t lie …

So 10 to 15 times FCF of 7M

Thats 70m-105m Market Cap

So let’s take the low end of that range

So 70m

70/3m = 23.33 times higher than our current Market Cap at close today

23.33 x $2.83 = $66 at the low end

Hold for a Market Correction… pic.twitter.com/WOTTvHsLRB

— KIR (@KeepRealistic) January 11, 2024

[maent]

Once again. I don't follow up on posts from people who have been wrong 100% of the time and repost their own information trying to self-validate it. You could be wrong more than that, but 100% is a nice even number.

[KeepItRealistic]

Actually I underestimated
Low end Market Cap is 70m
So $66

Check my previous post for details on how I came up with that number

[KeepItRealistic]

$DBGI math

$DBGI math don’t lie …

So 10 to 15 times FCF of 7M

Thats 70m-105m Market Cap

So let’s take the low end of that range

So 70m

70/3m = 23.33 times higher than our current Market Cap at close today

23.33 x $2.83 = $66 at the low end

Hold for a Market Correction… pic.twitter.com/WOTTvHsLRB

— KIR (@KeepRealistic) January 11, 2024

[eyeownu]

LOL. for real you crack me the F up! keep it coming!

[maent]

I'm beginning to think that he forgot a decimal point in front of those targets.

[eyeownu]

10+ or 30+ which one?? CRICKETS...............

[KeepItRealistic]

$DBGI

$DBGI Q1 wholesale shipments start Tuesday, which as we disclosed is $4.5M.
Q2 wholesale markets are going very well; and like anything momentum begets momentum

— Hil Davis (@Hil_Davis) January 11, 2024

[KeepItRealistic]

$DBGI

Flushing out the clueless before uptrend resumption

This is a $30 ticker trading at $3

You have to be brain dead to sell down here with companies 2024 guidance

[KeepItRealistic]

$DBGI 7m in free cash flow in 2024 is expected

Free cash flow (FCF) is a crucial metric for evaluating a company's financial performance. It represents the cash generated by a company's operations that is available for distribution to investors, debt reduction, or reinvestment in the business. FCF is calculated by subtracting capital expenditures from operating cash flow.

\[ FCF = Operating Cash Flow - Capital Expenditures \]

Positive FCF indicates the company can cover its operating expenses, invest in growth, and return value to shareholders. Investors often use FCF to assess a company's ability to meet financial obligations and its potential for future growth and dividends.

[KeepItRealistic]

$DBGI looking for continuation today

$DBGI back to $3.00
•Float only 1M
•book value $9.00
•Announced its initial 2024 revenue guidance of $27 million to $30 million, an increase of 70% to 90% from 2023 revenue expectations.
•If the CEO becomes more shareholder friendly this could be a big mover soon.

— SheepWolf 💫 (@realsheepwolf) January 10, 2024

[maent]

Why would I sell at a 70% +- loss douchebag? I know stupid people like yourself grow on trees nowadays. There will be more bag holders made soon enough. Why don't you just give me $10 a share and I'll gladly dump this pile of shit on you. If $10 is such a bargain in your eyes, you shouldn't have a problem with that.

[KeepItRealistic]

$DBGI volume before price

Digital Brands Group, Inc. traded 239% above average volume, $DBGI closed up 5.65%

— diligence^3 (@datadili) January 11, 2024

[KeepItRealistic]

$DBGI solid day

$DBGI solid day of churning shares at a VWAP of $3.11 and going through half the float.

Should bode well for tomorrow and continuance… pic.twitter.com/9WKoQIBYEC

— KIR (@KeepRealistic) January 10, 2024

[KeepItRealistic]

You out of shares ?

Is this why you are acting like a child that lost his toy lmfao

C u at $10+ loser

[KeepItRealistic]

$DBGI food for thought…

$DBGI 👀 “and have term sheets”

An 8k can come and shock the Market me thinks … https://t.co/A9eMKmxy9m

— KIR (@KeepRealistic) January 10, 2024

[maent]

Stop being so naive. This is a recent event.

[KeepItRealistic]

$DBGI $3.17 new HOD

$DBGI is taking out that previous $3.12 resistance from this morning, let's fly✈️✈️ https://t.co/CVUjk4DVfs

— tradeXLNC (@tradexlnc) January 10, 2024

[KeepItRealistic]

Today looks like the last day to grab shares under $3

C u over $10 buddy

No brainer buy and hold for a Market Correction

No reason why $GNS is trading 13 times higher than us… none