Solo Stove Restructuring Supply Chain, to Release New Cooler

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Solo Stove Restructuring Supply Chain, to Release New Cooler

Solo Stove Restructuring Supply Chain, to Release New Cooler

There were some interesting take-aways from Solo Brands’ earnings release today. Solo Stove suffered heavy revenue declines, as expected, but Chubbies exceeded expectations with 43.9% revenue growth over the prior year quarter. Subscribe for $8 to get unlimited access and no ads. For a limited time receive 40% off your first month with the code: […]

The post Solo Stove Restructuring Supply Chain, to Release New Cooler appeared first on CookOut News | Grill Business News, Grill Reviews, Grill Releases.

There were some interesting take-aways from Solo Brands’ earnings release today. Solo Stove suffered heavy revenue declines, as expected, but Chubbies exceeded expectations with 43.9% revenue growth over the prior year quarter.

With their stock being delisted, Solo Brands is actively looking to restructure their debt and make drastic improvements to their income statement. That’s not just reducing expenses but also changing their promotion heavy selling model.

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The post Solo Stove Restructuring Supply Chain, to Release New Cooler appeared first on CookOut News | Grill Business News, Grill Reviews, Grill Releases.

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