Solo Brands, Inc. saw second-quarter net sales decrease 3.7 percent to $130.9 million compared to $136.0 million in the second quarter of 2022. Continued expansion of the wholesale network reportedly led to an increase in Wholesale channel revenue, offset by a decrease in the company’s direct-to-consumer (DTC) channel revenue.

  • Wholesale revenues increased 57.0 percent to $31.3 million in Q2, compared to $19.9 million in the second quarter of 2022.
  • DTC revenues decreased 14.2 percent to $99.7 million in Q2, compared to $116.1 million in the second quarter of 2022.

 

For full details on the Solo Brands second quarter and details by segment, including executive commentary from the analyst conference call, go here:

EXEC: Solo Brands Sees Big Pay-Off at Retail as Q2 Wholesale Jumps