Allbirds, Inc. has published the financial results for the second quarter of 2025. The Chief Executive Officer (CEO) Joe Rächio said that the company was on the way to “revive” the brand.
The company’s net turnover for the quarter was $ 39.7 million (36.7 million euros). This is a decrease of 23.1 percent compared to the previous year and is at the top of the forecast. This decline is mainly due to planned shop closures and the switch to a sales model in certain international markets.
The company’s gross margin fell by 9.8 percentage points to 40.7 percent. This is mainly due to increased advertising activities and inventory adjustments related to the changeover on the European market. Allbird’s net loss for the quarter was $ 15.5 million (14.3 million euros). This is an improvement compared to the loss of $ 19.1 million (17.6 million euros) in the same period of the previous year. The adjusted loss before interest, taxes and depreciation (EBITDA) also improved to $ 12.6 million (11.6 million euros) compared to a loss of $ 13.7 million ($ 12.6 million) in the previous year.
Despite these figures, Rächio was confident for the future of the company. He explained that the strong performance in the first half of the year had created the basis for a new phase of product, marketing and customer experience initiatives this autumn. The company has secured a comprehensive financing package, including a new revolving credit facility of $ 75 million ($ 69 million). In addition, it has successfully reduced its inventory by 21.3 percent to $ 42.2 million (38.9 million euros) compared to the previous year. Allbirds predicts a return to sales growth in the fourth quarter of this year.
Allbirds has updated its forecast for the year 2025. The net turnover is now expected between $ 165 million (152 million euros) and $ 180 million (166 million euros). The company predicts an adjusted EBITDA loss between $ 65 million (60 million euros) and $ 55 million (51 million euros). For the third quarter, net turnover is expected between $ 33 million (30 million euros) and $ 38 million (35 million euros). The forecast adjusted EBITDA loss is between $ 20 million (18 million euros) and $ 16 million (15 million euros).
This article was used with digital tools translated.
Fashionunited uses artificial intelligence to accelerate the translation of articles and improve the end result. They help us make the international reporting of fashionunited a German -speaking readership quickly and comprehensively accessible. Articles that have been translated using AI-based tools are read and carefully edited by our editor: Correcting inside before they are published. If you have any questions or comments, please contact me by email to [email protected]