Previous Close | 3.2000 |
Open | 3.1400 |
Bid | 3.3000 x 1000 |
Ask | 3.4100 x 1000 |
Day's Range | 3.1400 - 3.7000 |
52 Week Range | 2.2950 - 39.0000 |
Volume | |
Avg. Volume | 1,313,826 |
Market Cap | 3.773M |
Beta (5Y Monthly) | 1.16 |
PE Ratio (TTM) | 0.01 |
EPS (TTM) | 356.5600 |
Earnings Date | Apr 17, 2024 - Apr 21, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces plans to open its first retail store in the first half of April at the Simon Premium Outlet Mall in Allen, Texas, a suburb of Dallas, TX. The Company forecasts the store to generate over $1.5 million in annual revenue and over $500,000 in annual cash flow based on the historical performance of this location, and excess Sundry inventory prior to the acquisition.
While off to a slower start than 2023, filings are expected to continue in the industry, especially among many direct-to-consumer brands.
Digital Brands Group, Inc. ("we", "us", "DBG" or the "Company") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, announced today that it is re-affirming its fiscal year 2024 forecast of $27 million to $30 million in revenue, $6 million to $7 million in internal free cash flow and $1.5 million to $2.0 million in ebitda.