Allbirds, Inc. Class A Common Stock (BIRD)
Allbirds, Inc. Class A (BIRD) is a footwear and apparel company known for its sustainable and eco-friendly products. Founded in 2016, the company emphasizes using natural materials like merino wool, eucalyptus, and sugarcane to create comfortable, stylish, and environmentally conscious footwear. Allbirds aims to reduce its environmental impact through innovative designs and sustainable manufacturing practices.
Company News
Allbirds reported Q2 2025 financial results with revenue decline of 23.1%, meeting analyst expectations but showing challenges in sales and margins. The company is focusing on cost discipline, strategic transformation, and new product launches to drive future growth.
Allbirds stock declined after the company issued lower-than-expected revenue and earnings forecasts for 2025, citing a shift to a distributor model. While the company reported narrower losses in Q4 and improved gross margins, the weak 2025 outlook weighed on the stock.
The global sustainable footwear market is expected to grow at a CAGR of 6.4% over the next decade, driven by rising environmental awareness and consumer demand for eco-friendly alternatives. Innovations in materials and production methods are reducing the industry's environmental impact.
The Children's Place (PLCE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Shares of Allbirds Inc. sank after hours on Tuesday after the footwear maker forecast full-year sales that were below expectations and said it would close some stores.