Allbirds Announces Fourth Quarter and Full Year 2021 Earnings Conference Call

Rhea-AI Summary

Allbirds, a global lifestyle brand, will release its fourth quarter and full year 2021 financial results after market close on February 23, 2022. A conference call is scheduled for 2:00 p.m. PT to discuss these results, with a live webcast available on its investor relations website. Additionally, Allbirds' management will participate in the BofA Securities Consumer & Retail Technology Conference on March 8, 2022. Following its recent IPO, lock-up agreements for directors and officers will expire on February 25, 2022.

Positive

• Upcoming Q4 and full-year 2021 earnings release could provide insight into revenue growth.
• Participation in the BofA Securities conference may enhance visibility among investors.

Negative

• Lock-up expiration may lead to increased selling pressure on stock.

SAN FRANCISCO, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Allbirds, Inc., a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that its fourth quarter and full year 2021 financial results will be released after market close on Wednesday, February 23, 2022. The company will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

A live webcast of the conference call will be available on the Allbirds investor relations website at https://ir.allbirds.com. A replay will be made available online and archived for 12 months on the investor relations website following the conference call.

Upcoming Conference Participation

Allbirds also announced that members of the company’s management team will participate in the BofA Securities Consumer & Retail Technology Conference on Tuesday, March 8, 2022 at the St. Regis Hotel, New York, NY. The event will be webcast live and archived on Allbirds’ investor relations website at https://ir.allbirds.com.

IPO Lock-up Termination

Pursuant to the agreements entered into with Morgan Stanley, J.P. Morgan, and BofA Securities, as representatives of the underwriters for Allbirds’ recent initial public offering, the lock-up agreements for Allbirds’ directors, officers, and holders of Allbirds’ common stock and securities exercisable for or convertible into common stock will terminate at the opening of trading on Friday, February 25, 2022.

About Allbirds

Headquartered in San Francisco, Allbirds is a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, while treading lighter on the planet. Allbirds’ story began with superfine New Zealand merino wool and has since evolved to include a eucalyptus tree fiber knit fabric and a sugarcane-based EVA foam (SweetFoam®). Allbirds serves customers across 35 countries through 36 stores and its eCommerce website.

CONTACTS:

Investors

ir@allbirds.com

Media

press@allbirds.com

FAQ

When will Allbirds release its Q4 and full year 2021 financial results?

Allbirds will release its Q4 and full year 2021 financial results after market close on February 23, 2022.

What time is the Allbirds earnings conference call?

The Allbirds earnings conference call is scheduled for 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on February 23, 2022.

What is the significance of the IPO lock-up expiration for Allbirds?

The IPO lock-up expiration on February 25, 2022, allows directors and officers to sell their shares, which might lead to increased stock volatility.

Where can I watch the Allbirds conference call?

The live webcast of the Allbirds conference call will be available on their investor relations website.