secwatch.observer — SEC 8-K summary
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Issuer:     Allbirds, Inc. (BIRD)
CIK:        0001653909
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0001653909-22-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allbirds Q4 revenue $97.2M (record), FY2021 $277.5M (+27%); guides FY2022 $355-365M
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- Q4 2021 net revenue $97.2M, up 23% YoY; full year $277.5M, up 27% from 2020.
- Full year GAAP net loss $45.4M ($0.65/share) vs. $25.9M loss in 2020; adjusted EBITDA loss improved 24% to $11.7M.
- Gross margin expanded 145 bps to 52.9% for FY2021; Q4 gross margin 50.2%.
- Opened 13 stores in 2021, ending with 35 locations; retail channel sales grew 112% YoY.
- FY2022 revenue guidance raised to $355-365M (+28-32%); Q1 2022 revenue guidance $60-62M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653909/000165390922000009/0001653909-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653909/000165390922000009/bird-20220223.htm
  HTML page:      https://secwatch.observer/filing/0001653909-22-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer