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Thursday, May 09, 2024 2:22:39 PM
$DBGI Q1 hints on earnings call
— KIR (@KeepRealistic) April 20, 2024
Q1, 2024 is due May 15th is the game changer 10Q for this company.
Read carefully ⬇️ the excerpt from the CEO on the earnings call and you will see why. pic.twitter.com/L5tNOEsf7B
Q1, 2024 due May 15th is the game changer 10Q and will change the trading dynamics of this company. Now is the time to accumulate impatient shares.
Now read carefully ⬇️ the excerpt from the CEO on the earnings call.
“Despite lower revenue contribution from Sundry in the fourth quarter, we almost achieved breakeven net income due to our cost savings excluding non-cash expenses. Based on first quarter wholesale shipments and second quarter wholesale bookings, we're excited to see revenue growth meaningfully re-accelerate. This increase in the revenue trend will be coupled with a significantly lower operating expense structure which you can already start to see in Q4 and you saw in Q3 which will accelerate in Q1 and going forward.”
Recent DBGI News
- Digital Brands Group Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/20/2024 01:30:00 PM
- Digital Brands Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024 • GlobeNewswire Inc. • 05/17/2024 06:52:00 PM
- DBGI Announces Closing of Exercise of Warrants for $3.2 Million in Gross Proceeds • GlobeNewswire Inc. • 05/07/2024 08:51:00 PM
- DBGI Announces Exercise of Warrants for $3.2 Million in Gross Proceeds • GlobeNewswire Inc. • 05/03/2024 01:18:04 PM
- Digital Brands Group Reports Fourth Quarter and Fiscal Year 2023 Financial Results • PR Newswire (US) • 04/15/2024 08:15:00 PM
- Digital Brands Group to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Monday, April 15, 2024 • PR Newswire (US) • 04/12/2024 03:00:00 PM
- Digital Brands Group To Open First Retail Store in First Half of April in Dallas, Texas • PR Newswire (US) • 02/27/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 03:00:04 PM
- DBGI Reaffirms its 2024 Guidance and Commits to No Equity Offerings for 2024 • PR Newswire (US) • 02/13/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 09:01:25 PM
- DBG Plans to Open 50 Retail Stores Over Next Several Years Funded By Internal Free Cash Flow • PR Newswire (US) • 01/18/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:13:36 PM
- Digital Brands Group Signs Letter of Intent to Open First Retail Store in March • PR Newswire (US) • 01/16/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 09:05:13 PM
- Digital Brands Group Forecasts $27M to $30M in Revenue, $6M to $7M in Internal Free Cash Flow and $1.5M to $2.0M in EBITDA for 2024 • PR Newswire (US) • 01/03/2024 01:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/20/2023 09:42:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 08:52:51 PM
- Digital Brands Group Announces Conversion of All Remaining Pre-Funded Warrants, Removing Overhang of Shares • PR Newswire (US) • 12/04/2023 02:00:00 PM
- Digital Brands Group Reports Third Quarter 2023 Financial Results • PR Newswire (US) • 11/14/2023 09:30:00 PM
- DIGITAL BRANDS GROUP INC. ANNOUNCES DATE FOR 2023 ANNUAL MEETING OF SHAREHOLDERS • PR Newswire (US) • 11/11/2023 12:30:00 AM
- Digital Brands Group to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023 • PR Newswire (US) • 11/10/2023 07:43:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 07:39:52 PM
- Digital Brands Group Announces Review of Strategic Alternatives • PR Newswire (US) • 11/06/2023 02:00:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/03/2023 08:51:03 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/26/2023 10:02:11 AM
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