secwatch.observer — SEC 8-K summary
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Issuer:     Allbirds, Inc. (BIRD)
CIK:        0001653909
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001653909-25-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allbirds Q1 net revenue $32.1M, down 18.3%; reiterates FY2025 outlook
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- Q1 net revenue $32.1M, down 18.3% YoY; net loss $21.9M ($2.73/sh).
- Adjusted EBITDA loss $18.6M, improving from $20.9M loss a year ago.
- Inventory down 29.3% to $42.9M; cash $39.1M, no revolver borrowings.
- Reiterates FY2025 net revenue guidance $175-195M, adjusted EBITDA loss $65-55M.
- Provides Q2 2025 guidance: net revenue $36-41M, adjusted EBITDA loss $19-16M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653909/000165390925000023/0001653909-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653909/000165390925000023/bird-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001653909-25-000023

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