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...

By Exec Edge Editorial Staff Santa Monica-based medical apparel maker FIGS, Inc. (NYSE: FIGS) posted a 9% rise in first-quarter revenue, leading its shares to surge 6% in after-hours trade Thursday. “Our first quarter performance was better than expected and...

  By Exec Edge Editorial Staff Potbelly Corp. (NASDAQ: PBPB) reported comparable sales for the first quarter of +22.2% vs. +24.4% year over year. The sandwich chain has opened 30 new shop agreements this year, signaling momentum in its Franchise...

By Exec Edge Editorial Staff Chicago-style fast-casual chain Portillo’s (Nasdaq: PTLO) said revenue rose 16%  to $156.1 million in the first quarter. Portillo’s will open nine new restaurants in 2023, with an emphasis on the Sun Belt, it said. The chain opened...