US footwear company Allbirds, Inc. reported its financial results for the third quarter of 2025. These were in line with management expectations, despite ongoing structural headwinds as part of its turnaround efforts. Net sales fell by 23.3 percent to 33 million US dollars (28.52 million euros) compared to the previous year. The main reasons for this are the planned closures of retail stores and the conversion of international markets to a new sales model.
Net loss for the quarter was $20.3 million. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) slightly exceeded forecast at $15.7 million.
Chief Executive Officer (CEO) Joe Vernachio highlighted the product progress: “We are pleased to report third quarter results in line with our expectations. Of particular note is the strong stream of new product launches, many of which have received very positive feedback from our customers.”
Vernachio confirmed the two-pronged focus of the company’s strategy. On the one hand, product development should be supported by targeted marketing in order to reignite growth in the Christmas season. On the other hand, internal changes should be implemented more quickly.
He added: “Our teams are focused on accelerating progress on our turnaround in the coming quarters.” Vernachio underscored that the company is “taking decisive steps to further reduce costs, improve liquidity and pursue value-added opportunities.”
Inventory management remained disciplined, with inventory falling 25 percent to $43.1 million. The company lowered its full-year 2025 net sales guidance to between $161 million and $166 million, reflecting the significant impact of strategic restructuring.
This article was created using digital tools translated.
FashionUnited uses artificial intelligence to speed up the translation of articles and improve the end result. They help us to make FashionUnited’s international reporting quickly and comprehensively accessible to a German-speaking readership. Articles translated using AI-based tools are proofread and carefully edited by our editors before they are published. If you have any questions or comments, please email [email protected]