secwatch.observer — SEC 8-K summary ====================================== Issuer: Solo Brands, Inc. (SBDS) CIK: 0001870600 Form: 8-K Filed at: 2024-11-07T23:59:59+00:00 Accession: 0001870600-24-000112 Event type: earnings Sentiment: negative Materiality: 0.80 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Solo Brands Q3 net loss $111.5M on $94.1M sales; impairments and write-downs hit results -------------------------------------------------------------------------------- - Net sales $94.1M, down 14.7% YoY; DTC channel fell 15.5% to $64.5M. - Net loss $111.5M ($1.19 EPS loss) vs prior-year net income of ~$3M; adjusted EPS $0.02. - Recorded $18.7M IcyBreeze inventory write-down, $43.2M IcyBreeze impairment, $25M Solo Stove goodwill impairment. - Adjusted EBITDA $6.5M, down from $15.0M; full-year revenue guidance reaffirmed at $470M-$490M. - Cash $12.5M, total debt $162.5M; inventory $106.8M. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1870600/000187060024000112/0001870600-24-000112-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1870600/000187060024000112/dtc-20241107.htm HTML page: https://secwatch.observer/filing/0001870600-24-000112 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer