Solo Brands: Q4 net loss $58M, full-year $180M; substantial doubt about going concern

Solo Brands, Inc.

Q4 net sales down 13.2% to $143.5M; Solo Stove segment fell 16.8% to $116.6M.
Full-year net loss $180.2M, adjusted EBITDA $32.6M (7.2% of net sales).
Going concern substantial doubt; post-year-end drew additional $277.3M on revolver.
Board appoints restructuring expert Peter Laurinaitis; monthly retainer $30K.
Interim CMO Liz Vanzura named; 30+ turnaround initiatives with external advisors.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Peter Laurinaitis

Class III independent director

SBDS · Solo Brands, Inc.

Effective: 2025-03-12
Filed: March 12, 2025, 7:59 PM ET

On March 7, 2025, the Board of Directors of the Company (the “Board”) appointed Peter Laurinaitis to serve as a Class III independent director effective immediately following the filing of the Company’s Annual Report on Form 10-K

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Laurinaitis was appointed as Class III independent director at Solo Brands, Inc..

Action: appointed
Role: Class III independent director

Exact text from the filing

On March 7, 2025, the Board of Directors of the Company (the “Board”) appointed Peter Laurinaitis to serve as a Class III independent director effective immediately following the filing of the Company’s Annual Report on Form 10-K

View on SEC.gov

Solo Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001870600-25-000027

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.