Solo Brands’ Q3 Sales Surge 47 Percent
November 14, 2022
Solo Brands delivered third-quarter results ahead of expectations on strong responses to launches across its brands which include Solo, Stove fire pits, stoves, and accessories; Chubbies casual apparel and activewear; Oru Kayak, origami folding kayaks; and ISLE paddleboards, maker of inflatable paddle boards.
In the quarter ended September 30, sales jumped 47.1 percent to $102.2 million. The increase was driven by activity from acquired businesses and improved demand in both the wholesale and direct-to-consumer (DTC) sales channels. SGB