Solo Brands (NYSE: DTC), the makers of the popular Solo Stove, released earnings this morning for the quarter ending March 31, 2023. They beat financial estimates on the top and bottom lines of their business. Beyond the financial performance, these are the key takeaways from the call.
Wholesale Continues to Grow
Solo Brands used to be completely focused on direct-to-consumer business, hence the stock ticker DTC. Consistent with their previous quarter, that’s been changing.