Digital Brands Group Inc

Digital Brands Group, Inc. engages in the manufacture and sale of apparel. It operates through the following segments: DSTLD, Bailey, Harper & Jones, and Stateside. The DSTLD segment offers stylish high-quality garments without the luxury retail markup valuing customer experience over label. The Bailey segment combines beautiful, luxe fabrics, and on-trend designs to create sophisticated ready-to-wear capsules for women on-the-go. The Harper & Jones segment provides hand- crafted custom fit suits. The Stateside segment includes classic t-shirt offering. The company was founded by Corey Epstein, Mark T. Lynn, and Kevin Morris on September 17, 2012 and is headquartered in Austin, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Digital Brands Group Inc reports improved margins and strategic growth plans

Digital Brands Group Inc's Q1 2024 performance showcased improved gross margin profitability and effective cost management, despite revenue challenges from shipment delays.
The company's strategic focus on operational enhancements, expansion plans, and shareholder value optimization positions it for future growth and profitability.
While facing short-term revenue constraints and operational challenges, Digital Brands Group Inc remains optimistic about achieving positive net operating income and navigating market dynamics.

Digital Brands Group Inc reports revenue growth and cost efficiencies

DBGI's Q3 performance focused on revenue growth and cost management, with strategic partnerships driving improvements in digital revenues and operational efficiency.
While facing challenges in gross margins and net loss, the company's strengths lie in reducing expenses, clearing debt, and positioning for future growth opportunities.
Opportunities in expanding marketing channels and leveraging partnerships underscore DBGI's potential for sustained growth and profitability in the coming quarters.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Digital Brands Group, Inc. engages in the manufacture and sale of apparel. Its portfolio brands include Bailey 44, DSTLD, Harper and Jones, Stateside, and Sundry. The company was founded by Corey Epstein, Mark T. Lynn, and Kevin Morris on September 17, 2012 and is headquartered in Austin, TX.

The company sells luxury menswear and womenswear and booked pro forma revenues of $33.5 million in 2019. However, sales in 2020 sank due to Covid-19 and restructuring at Bailey 44.

Digital Brands Group Has Big Plans For 2022 And Looks Like A Speculative Buy

The stock price of Digital Brands Group Inc (NASDAQ: DBGI) increased by over 4% pre-market today. This is why it happened.

Digital Brands Group (DBGI) Stock: Why The Price Increased Today

AUSTIN, Texas, Nov. 11, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its third quarter ended September 30, 2021.  Third quarter 2021 net revenue increased 75% year over year to $2.2 million versus $1.2 million a year ago.

Digital Brands Group Reports Third Quarter 2021 Financial Results

AUSTIN, Texas, Nov. 11, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the third quarter ended September 30, 2021 on Thursday, November 11, 2021 at 5:30 p.m. ET. Management will host a webcast on Friday, November 12 at 8:30 a.m.

Digital Brands Group to Report Third Quarter 2021 Financial Results on Thursday, November 11, 2021

AUSTIN, Texas, Nov. 11, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG" or the "Company")  (NASDAQ: DBGI), a digitally first portfolio company, today announced Lucy Doan has been elected to the Digital Brands Group, Inc. Board of Directors. Doan brings 25 years of financial and strategic experience in the consumer industry, including several publicly traded companies.

Digital Brands Group Appoints New Board Member

GoHealth, Inc.

Romeo Power

Check these penny stocks out for your list The post Here's 3 Penny Stocks You Need to Know Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Here's 3 Penny Stocks You Need to Know Right Now

DBGI stock remains in the forefront after announcing crypto as acceptable payment for its online retailers. The post DBGI Stock Alert: The Big Crypto Story That Digital Brands Fans Should Be Watching Today appeared first on InvestorPlace.

DBGI Stock Alert: The Big Crypto Story That Digital Brands Fans Should Be Watching Today

Clear Channel Outdoor Holdings

Liquidia Technologies Inc

Kala Pharmaceuticals

4 penny stocks to watch this week. The post 4 Top Penny Stocks To Watch After FOMC Meeting In November appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

4 Top Penny Stocks To Watch After FOMC Meeting In November

Shares of Digital Brands Group Inc. (NASDAQ: DBGI) are soaring on Thursday morning as the stock is up 50%. The spike comes as the company announces that it has launched DSTLD on Amazon prime while also launching its affiliates across all of its brands.

Digital Brands Group shares soars as DSTLD launches on Amazon

BIMI International Medical

Greenpro Capital Corp

Meten Holding Group Ltd.

Which penny stocks are on your November watchlist? The post 4 Top Penny Stocks to Watch With November Around The Corner appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

4 Top Penny Stocks to Watch With November Around The Corner

AUSTIN, Texas, Oct. 28, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBGI") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces it launched DSTLD on Amazon Prime, while it also launched its affiliate program across all its brands. DSTLD has officially moved past the "on-boarding" stage today with Amazon Prime, which means its product will be for sale on Amazon Prime.

DBGI Launches on Amazon Prime, while also Launching its Affiliate Program

Arbutus Biopharma

Alpine 4 Holdings

Progenity

Waitr Holdings Inc

Are these penny stocks ready to short squeeze? The post 5 Short Squeeze Penny Stocks To Watch For November 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

5 Short Squeeze Penny Stocks To Watch For November 2021

Protagonist Therapeutics

Altimeter Growth

Paltalk

Here are five short squeeze stocks many investors are putting on their radar right now as a result of higher short interest and borrow fees. The post Short Squeeze Stocks: PTGX, AGC and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.

Short Squeeze Stocks: PTGX, AGC and 3 Others Experts Think Are Ready to Pop

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE: GME) or AMC Entertainment Holdings Inc (NYSE: AMC). A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

5 Short Squeeze Candidates To Watch: Progenity, Digital Brands Top List Again, SPAC AGC Joins Ahead Of Merger

AUSTIN, Texas, Oct. 21, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBGI")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces record e-commerce revenue growth year-over-year as DBGI turned on digital advertising for Bailey 44 and DSTLD the first time in over eighteen months. Bailey's 44 experienced a 376% increase in e-commerce revenue year-over-year since September 27 th, when Bailey 44 started its advertising plan.

DBGI Announces Record E-Commerce Revenue Growth Year-Over-Year

Another week is kicking off with five fresh short squeeze stocks that investors should be watching as Shocktober continues. The post Short Squeeze Stocks: PROG, DBGI and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.

Short Squeeze Stocks: PROG, DBGI and 3 Others Experts Think Are Ready to Pop

Vinco Ventures

Red Cat Holdings

5 Short Squeeze Candidates To Watch: Progenity, Vinco Ventures And More

AUSTIN, Texas, Oct. 5, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG" or the "Company")  (NASDAQ: DBGI), a digitally first portfolio company, today announced that is has raised gross proceeds of $1,500,000 through the issuance of a senior secured convertible promissory note (the "Note") to FirstFire Global Opportunities Fund, LLC, a Delaware limited liability company ("FirstFire"). The Note, in the principal amount of $1,575,000, bears interest at 6% per annum and is due and payable 18 months from the date of issuance, unless sooner converted.

Digital Brands Group Announces Closing Of Convertible Note Financing

Digital Brands Group (DBGI) stock is rocketing higher on Tuesday thanks to a guidance update from the lifestyle retail company. The post 6 Reasons Why Digital Brands Group Investors Are Smiling Today as DBGI Stock Soars appeared first on InvestorPlace.

6 Reasons Why Digital Brands Group Investors Are Smiling Today as DBGI Stock Soars

Digital Brands Group Inc (NASDAQ: DBGI) is trading significantly higher Tuesday after the company issued full-year 2022 revenue guidance of $37.5 million to $42.5 million, representing a 350% increase year-over-year. "Our 2022 revenue guidance reflects the power of our brand portfolio, especially as we are able to benefit from the full year revenue contribution from our acquisitions in 2022," said Hil Davis, CEO of Digital Brands Group.

Why Digital Brands Group's Stock Is Surging Higher Today

The stock price of Digital Brands Group Inc (NASDAQ: DBGI) increased by over 55% pre-market today. This is why it happened.

DBGI Stock: Why It Substantially Increased Today

AUSTIN, Texas, Sept. 28, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces its initial 2022 revenue guidance of $37.5 million to $42.5 million, an increase of 350% from 2021 revenue expectations.

DBG Announces $37.5M to $42.5M for 2022 Revenue Guidance, an increase of 350% from 2021

Digital Brands (DBGI) stock is running higher on Thursday as Jim Cramer calls it out as the new pump and dump of Reddit traders. The post DBGI Stock News: Why Jim Cramer Thinks Digital Brands Is Today's ‘Pump and Dump' appeared first on InvestorPlace.

DBGI Stock News: Why Jim Cramer Thinks Digital Brands Is Today's ‘Pump and Dump'

Bridgeline Digital

Grove

Recon Technology

ReShape Lifesciences

Penny stocks are incredibly risky. But if you must engage this sector, you certainly have a better chance with low-float securities.

7 Reddit Penny Stocks Dazzling Investors with Low Floats

AUSTIN, Texas, Aug. 31, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG" or the "Company")  (NASDAQ: DBGI), a digitally first portfolio company, today announced a series of significant corporate transactions. Stateside Acquisition The Company announced that it has completed its previously announced acquisition of Stateside, a privately-owned elevated basics brand, for an aggregate base purchase price of $10,000,000.

News for Digital Brands Group Inc Stock (DBGI)