Brief: Allbirds Q2 EPS USD -1.92

Allbirds

07/08/2025 21:05

Overview

Allbirds Q2 2025 revenue beats analyst expectations, reaching $39.7 mln, per LSEG data

Adjusted EBITDA loss of $12.6 mln beats analyst estimates, per LSEG data

Revenue decline due to planned store closures and distributor transitions

Outlook

Company revises full-year 2025 revenue to $165 mln-$180 mln

Allbirds expects Q3 revenue between $33 mln and $38 mln

Company anticipates Q3 adjusted EBITDA loss of $20 mln-$16 mln

Allbirds sees U.S. Q3 revenue at $27 mln-$31 mln

Result Drivers

REVENUE DECREASE - Net revenue fell 23.1% to $39.7 mln, attributed to planned retail store closures and international distributor transitions

GROSS MARGIN DECLINE - Gross margin fell by 980 basis points to 40.7%, driven by increased promotional activity, inventory adjustments, and higher freight and duty costs

COST CONTROL - SG&A expenses decreased to $24.2 mln, primarily due to lower personnel expenses, occupancy costs, and stock-based compensation

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$39.68 mln
$38.60 mln (3 Analysts)
Q2 EPS
-$1.92
Q2 Net Income
-$15.50 mln
Q2 Adjusted EBITDA
Beat
-$12.60 mln
-$17.70 mln (3 Analysts)
Q2 Gross Profit
$16.15 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the footwear peer group is "buy."

Wall Street's median 12-month price target for Allbirds Inc is $9.50, about 7.6% below its August 6 closing price of $10.22

Press Release: ID:nGNX1H1NqP

(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.)