Exec-Edge – Page 38 – ExecEdge

Lisata Therapeutics Net Loss Declines From a Year Earlier

Lisata Therapeutics Net Loss Declines From a Year Earlier

By Daniella Parra Lisata Therapeutics, Inc. (Nasdaq: LSTA), a clinical-stage pharmaceutical company, said its net loss was $5.4 million for the three months ended March 31, compared to $6.2 million in 2023. The company said an experimental drug to improve...

Solo Brands Wholesale Revenue Increased 2.5% in Q1

Solo Brands Wholesale Revenue Increased 2.5% in Q1

By Daniella Parra Solo Brands, Inc. (NYSE: DTC) said net sales reached $85.3 million in the first quarter driven by strong performance in its wholesale channel. Wholesale revenue increased 2.5% to $34.3 million in the quarter, compared to $33.5 million,...

Potbelly First Quarter Sales Grow 1.9% with Digital Business Increase

Potbelly First Quarter Sales Grow 1.9% with Digital Business Increase

By Daniella Parra Potbelly Corp. (Nasdaq: PBPB), the neighborhood sandwich shop concept, said first quarter system-wide sales grew 1.9% and its digital business increased year-over-year, representing 40% of total sales. Total revenue decreased by 6% but adjusted EBITDA increased 2.2%...

A.K.A Brands U.S. Net Sales Grew 6% in First Quarter

A.K.A Brands U.S. Net Sales Grew 6% in First Quarter

By Daniella Parra a.k.a. Brands Holding Corp. (NYSE: AKA), a company that accelerates fashion brands, said U.S. net sales increased 6.2% compared to the first quarter. Adjusted EBITDA was $0.9 million in the first quarter, compared to $2.2 million and...

The ONE Group First Quarter Revenue Climbs 3%

The ONE Group First Quarter Revenue Climbs 3%

By Karen Roman The ONE Group Hospitality, Inc. (Nasdaq: STKS) said first quarter revenue rose 3% to $85 million from $82.6 million a year earlier. The company had a restaurant operating profit increase of 2% to $13.2 million from $12.9...

Portillo’s Sales Increased 6.3% in First Quarter

Portillo’s Sales Increased 6.3% in First Quarter

By Daniella Parra Portillo’s (Nasdaq: PTLO), Chicago-style fast-casual chain said total sales increased 6.3% and Adjusted EBITDA increased $2.1 million in the first quarter. Same-restaurant sales decreased 1.2% and net income increased $6.6 million to $5.3 million, the company said....

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