Exec-Edge – Page 97 – ExecEdge

On Running 3Q Sales Rise 50.4% to Record; Raises 2022 Guidance

On Running 3Q Sales Rise 50.4% to Record; Raises 2022 Guidance

By Exec Edge Editorial Staff Swiss athletic brand On Holding AG (NYSE: ONON) posted a surge in third-quarter revenue, leading it to record its strongest quarter ever and to raise full-year guidance. Third quarter sales increased by 50.4%, driven by strong wholesale...

Grove Collaborative Raises Guidance on Strong Sales

Grove Collaborative Raises Guidance on Strong Sales

By Exec Edge Editorial Staff Grove Collaborative Holdings, Inc. (NYSE: GROV), a sustainable consumer products company, raised its guidance for this year. For 2022, the company now expects net revenue of $313 to $320 million, up from $302.5 to $312.5...

Solo Brands Net Sales Surge 47% in Third Quarter

Solo Brands Net Sales Surge 47% in Third Quarter

By Exec Edge Editorial Staff Solo Brands, Inc. (NYSE: DTC), a portfolio of direct-to-consumer lifestyle brands, said net sales jumped on improved demand in its wholesale and direct-to-consumer sales channels. Net sales rose 47.1% to $102.2 million in three month period...

Traeger Tops Third-Quarter Estimates, Updates Full Year Guidance

Traeger Tops Third-Quarter Estimates, Updates Full Year Guidance

By Exec Edge Editorial Staff Traeger, Inc. (NYSE: COOK), which sells wood pellet grills loved by Joe Rogan, topped third-quarter sales estimates amid a challenging macroeconomic environment. The company posted $93.8 million in revenue for the quarter, topping a Bloomberg estimate of...

Olo Inc. 3Q Revenue Surges on Customer Adoption, New Locations

Olo Inc. 3Q Revenue Surges on Customer Adoption, New Locations

  Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, saw revenue surge in the third quarter on increased adoption from customers and growth in new locations. Total revenue increased 26% from a year earlier to $47.3 million in the quarter...

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