---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-056786"
form_type: "8-K"
ticker: "DBGI"
cik: "0001668010"
company_name: "Digital Brands Group, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:33:55.200524+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Digital Brands Group expects Q1 FY2023 revenue ~$5.0M, up 46.5% YoY

## Summary
- Preliminary Q1 FY2023 revenue expected ~$5.0M, a 46.5% increase YoY.
- E-commerce revenue doubled from January levels after new performance marketing agency began; lower ad spend in Q1.
- Results include Sundry acquisition; management expects meaningful fixed-cost leverage and path to free cash flow in Q3.

## SEC filing metadata
- accession: 0001104659-23-056786
- form_type: 8-K
- ticker: DBGI
- cik: 0001668010
- company_name: Digital Brands Group, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1668010/000110465923056786/0001104659-23-056786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1668010/000110465923056786/tm2314896d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-056786
- JSON: https://secwatch.observer/filing/0001104659-23-056786.json
- Plain text: https://secwatch.observer/filing/0001104659-23-056786.txt

## Key facts
- Earnings Releases
  Digital Brands Group, Inc. reported first quarter fiscal 2023 results: revenue approximately $5.0 million.
  - Period: first quarter fiscal 2023
  - Revenue: approximately $5.0 million
  - Result: preliminary results
  source text: On May 4, 2023, Digital Brands Group, Inc. issued a press release announcing that it expects first quarter fiscal 2023 revenues to be approximately $5.0 million, an increase of 46.5%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1668010/000110465923056786/0001104659-23-056786-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.