•
Dec 31, 2021
Solo Brands Q4 2021 Earnings Report
Reported strong financial results driven by high demand and strategic acquisitions.
Key Takeaways
Solo Brands reported a significant increase in net sales and profitability for Q4 2021, driven by strong demand for its brands and strategic acquisitions. Net sales increased by 164.0% to $176.5 million, and net income rose to $12.4 million. The company is navigating challenges like supply chain and inflation while seeing tremendous opportunity for growth.
Net sales increased by 164.0% to $176.5 million.
Net income increased by $58.1 million to $12.4 million.
Adjusted EBITDA increased by 55.1% to $43.1 million.
DTC revenues increased 161.9% to $164.2 million.