---
schema_version: "secwatch.filing_event.v1"
accession: "0001870600-24-000043"
form_type: "8-K"
ticker: "SBDS"
cik: "0001870600"
company_name: "Solo Brands, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:10:32.099269+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Solo Brands Q1 net loss $6.5M, revenue down 3.3% to $85.3M; reaffirms FY2024 guidance

## Summary
- Net loss of $6.5M vs $0.9M net income in Q1 2023; diluted EPS $(0.06) vs $0.01.
- Adjusted EBITDA $4.3M, down 72.1% YoY; adjusted net income $1.7M, down 83.8%.
- Direct-to-consumer revenue fell 6.8% to $51.0M; wholesale grew 2.5% to $34.3M.
- Gross margin declined 250 bps to 59.2% on channel mix shift to lower-margin wholesale.
- FY2024 guidance reaffirmed: revenue $490M-$510M, adjusted EBITDA margin 10%-12%.

## SEC filing metadata
- accession: 0001870600-24-000043
- form_type: 8-K
- ticker: SBDS
- cik: 0001870600
- company_name: Solo Brands, Inc.
- filed_at: 2024-05-09T23:59:59+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/1870600/000187060024000043/0001870600-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1870600/000187060024000043/dtc-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001870600-24-000043
- JSON: https://secwatch.observer/filing/0001870600-24-000043.json
- Plain text: https://secwatch.observer/filing/0001870600-24-000043.txt

## Key facts
- Earnings Releases
  Solo Brands, Inc. reported first quarter ended March 31, 2024 results: revenue $85.3 million, net income $6.5 million, EPS $(0.06) per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $85.3 million
  - Net income: $6.5 million
  - EPS: $(0.06) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: people and processes in place to position us to generate consistent long-term growth.” Consolidated First Quarter 2024 Highlights Compared to First Quarter 2023 • Net sales of $85.3 million, down $2.9 million or 3.3% • Net loss of $6.5 million, down $7.4 million • Net loss per Class A common stock - basic and diluted of $0.06, down $0.07 • Adjusted net income (1)(2)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1870600/000187060024000043/0001870600-24-000043-index.htm

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