Financial

Allbirds Q3 losses widen, warns of “choppy” holiday trading

By Frank Prenesti 2022-11-09T16:17:00

Allbirds

Sustainable footwear and clothing brand Allbirds has posted wider third-quarter losses and warned of “choppy” trading conditions in the run-up to Christmas. The company said net losses increased to $25.2 million from $13.8 million a year ago, and net loss margin increased to 35 percent from 22 percent. Operating losses ...

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