---
schema_version: "secwatch.filing_event.v1"
accession: "0001870600-22-000057"
form_type: "8-K"
ticker: "SBDS"
cik: "0001870600"
company_name: "Solo Brands, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:06:31.068963+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Solo Brands Q3 net sales $102.2M (+47% YoY); revises FY22 revenue growth to 15-20% from mid-20%

## Summary
- Q3 net sales $102.2M (+47.1% YoY); adj net income $7.6M (-52.1%); adj EPS $0.15.
- Recorded $30.6M impairment charge for ISLE goodwill ($27.9M) and trademark ($2.7M).
- Guides FY22 revenue growth 15-20% (down from prior mid-20%); maintains adj gross margin >60% and adj EBITDA margin mid-teens.
- DTC revenue $86.3M (+48.6%); wholesale $15.9M (+39.7%); gross margin 63.3% vs 67.0% adj.
- Cash $17.2M; $175M total borrowings; inventory $165.8M, up 62% from Dec 2021.

## SEC filing metadata
- accession: 0001870600-22-000057
- form_type: 8-K
- ticker: SBDS
- cik: 0001870600
- company_name: Solo Brands, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1870600/000187060022000057/0001870600-22-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1870600/000187060022000057/dtc-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001870600-22-000057
- JSON: https://secwatch.observer/filing/0001870600-22-000057.json
- Plain text: https://secwatch.observer/filing/0001870600-22-000057.txt

## Key facts
- Earnings Releases
  Solo Brands, Inc. reported third quarter fiscal 2022 ended September 30, 2022 results: revenue Net sales of $102.2 million, net income Net loss of $4.0 million, EPS Loss per Class A common stock - basic and diluted of $0.03.
  - Period: third quarter fiscal 2022 ended September 30, 2022
  - Revenue: Net sales of $102.2 million
  - Net income: Net loss of $4.0 million
  - EPS: Loss per Class A common stock - basic and diluted of $0.03
  - Result: reported results
  source text: Net sales increased 47.1% to $102.2 million, compared to $69.4 million in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1870600/000187060022000057/0001870600-22-000057-index.htm

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