By Karen Roman Grove Collaborative Holdings, Inc. (NYSE: GROV), a sustainable consumer products company, maintained its guidance for fiscal year 2024 with net revenue levels between $215 to $225 million and an adjusted EBITDA margin of 0.0% to 1.0%. First-quarter...

By Karen Roman Swiss-based On Holding AG (NYSE: ONON) said it had record net sales exceeding CHF 500 million ($551 million) in the first quarter on demand across all product categories. On’s direct-to-consumer net sales rose 39% to CHF 190.5...

By Karen Roman FIGS, Inc. (NYSE: FIGS), a global healthcare apparel brand, said net revenue was at the upper end of expectations and exceeded the outlook in the first quarter. The company reported a 0.8% decrease year over year in...

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...

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,...

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%...

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...

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...

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....

By Karen Roman Etude Storage Partners LLC has made a proposal to acquire Global Self Storage, Inc. (Nasdaq: SELF) for $6.15 per share in cash, representing a total deal value of almost $70 million, sources familiar with the matter told...