Solo Stove parent company, Solo Brands, turned in pretty bad results for the last quarter of 2023. What makes their results worse, is that’s the quarter that fire pits are the most popular, so it’s where they make the most of their money. The good news is that new CEO, Chris Metz, has a plan to right the ship and Solo Stove will be rebuilding.
Full Strategic Review
Solo Brands is in the process of going through all aspects of their business to figure out how to get back on a growth trajectory. They’ve engaged with a consulting firm to do the review, so I’d expect major changes in the months to come.