Digital Brands Q3 revenue falls

Digital Brands

14/11/2025 21:11

Overview

Digital Brands Q3 revenue declines to $1.7 mln, primarily due to softer wholesale revenue

Net loss for Q3 remains at $3.5 mln, consistent with last year

Company sees significant growth in AVO collegiate brand, expects further expansion

Outlook

Company expects higher wholesale bookings for Spring 2026 compared to Spring 2025

Company sees significant growth opportunity in collegiate brand expansion

Company plans to expand AVO collegiate brand to more universities

Result Drivers

WHOLESALE BOOKINGS - Co reports higher bookings for Spring 2026 wholesale orders compared to Spring 2025, driven by a change in head designer

COLLEGIATE GROWTH - Significant revenue growth in AVO collegiate brand, driven by expansion at one university, with plans to add more

GROSS MARGIN DECLINE - Decline in gross profit margins attributed to fixed costs including warehouse rent and labor expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$1.70 mln
Q3 EPS
-$1.18
Q3 Net Income
-$3.50 mln


Press Release: ID:nGNX5xSd40

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)