Overview

* Digital Brands ( DBGI ) Q3 revenue declines to $1.7 mln, primarily due to softer wholesale revenue

* Net loss for Q3 remains at $3.5 mln, consistent with last year

* Company sees significant growth in AVO collegiate brand, expects further expansion

Outlook

* Company expects higher wholesale bookings for Spring 2026 compared to Spring 2025

* Company sees significant growth opportunity in collegiate brand expansion

* Company plans to expand AVO collegiate brand to more universities

Result Drivers

* WHOLESALE BOOKINGS - Co reports higher bookings for Spring 2026 wholesale orders compared to Spring 2025, driven by a change in head designer

* COLLEGIATE GROWTH - Significant revenue growth in AVO collegiate brand, driven by expansion at one university, with plans to add more

* GROSS MARGIN DECLINE - Decline in gross profit margins attributed to fixed costs including warehouse rent and labor expenses

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $1.70

Revenue mln

Q3 EPS -$1.18

Q3 Net -$3.50

Income mln

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)