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e-commerce markets

Allbirds’ Revenue Rose 33% in Q3

By
Malique Morris
· · Source: The Information

Online sneaker seller Allbirds’ revenue grew 33% year-over-year to $63 million in the third quarter of the year, an improvement from the 18% growth rate the company reported in the first quarter. But the company said it expects sales growth to slow to between 13%-16% in the fourth quarter. The slower sales growth forecast sent Allbirds stock falling around 6% in after-hours trading. ...

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