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Allbirds reports drop in Q3 sales and earnings amid turnaround efforts

Allbirds, Inc. reported third-quarter 2025 financial results that were in line with management's expectations, despite ongoing structural headwinds related to its turnaround efforts. Net revenue decreased 23.3 percent year-over-year to 33 million dollars, primarily due to planned retail store closures and the transition of international markets...

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Business

Allbirds enters next phase of transformation as losses narrow despite revenue dip

For the second quarter ended June 30, 2024, sports footwear brand Allbirds continued to tackle declining revenues amid an ongoing transformation plan that is now embarking on its next phase. While some positivity could be seen in narrowing losses for the period, which dropped to 19.1 million dollars from 28.9 million dollars in the same period...

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