By Exec Edge Editorial Staff Getaround Inc. (NYSE: GETR) said it plans to buy all of the assets of HyreCar Inc., which offers car rentals for gig-economy drivers, for $9.45 million. The acquisition is expected to accelerate Getaround’s “path to...

By Daniella Parra of Exec Edge Grove Collaborative Holdings, Inc. (NYSE: GROV) posted better gross margins in the first quarter and expects to be breakeven ahead of schedule. Net revenue was $71.6 million, down 3.3% from the fourth quarter of...

By Daniella Parra of Exec Edge Brilliant Earth Group, Inc. (Nasdaq: BRLT) on Thursday reported better-than-expected sales and Ebitda for the first quarter, reflecting strong demand for the brand. The digital-first jewelry company said net sales were $97.7 million and...

By Daniella Parra Grapevine, Texas-based Solo Brands, Inc. (NYSE: DTC) announced its acquisition of TerraFlame, a company dedicated to creating inviting spaces with clean-burning flames. “This strategic acquisition complements our brands, and, alongside Solo Stove, allows us to offer our...

By Exec Edge Editorial Staff a.k.a. Brands Holding Corp. (NYSE: AKA) shares soared 8.6 percent after the company raised its full year outlook. The fashion brand accelerator said it sees net sales between $575 million and $605 million for 2023....

By Exec Edge Editorial Staff ProSomnus, Inc. (NASDAQ: OSA), said revenue surged 55 percent in the first quarter from a year earlier. Revenue totaled $5.8 million, up from $3.7 million in the first quarter of 2022, it said in a...

By Exec Edge Editorial Staff Sovos Brands, Inc. (Nasdaq: SOVO) said first-quarter sales rose 20.4%, driven by strong Rao’s revenue, leading it to raise full-year guidance. “Sovos Brands delivered another exceptional quarter, with 27% volume-led organic net sales growth and...

By Exec Edge Editorial Staff Olo Inc. (NYSE: OLO) said revenue surged in the first quarter on average revenue per unit growth. Total revenue for the open SaaS platform for restaurants was $52.2 million in the quarter, a 22 percent...

By Exec Edge Editorial Staff Dutch Bros Inc. (NYSE: BROS) coffee chain reported a 30% rise in first quarter sales and reiterated its full-year guidance. Joth Ricci, Chief Executive Officer of Dutch Bros, stated, “We also saw meaningful margin expansion,...

  By Exec Edge Editorial Staff The One Group Hospitality, Inc. (Nasdaq: STKS) posted an 11% rise in first-quarter revenue, thanks to new openings and higher same-store sales. “We are pleased with our first quarter results which include double-digit top-line...