Allbirds logged sales of $33 million of the third quarter, down 23 percent, as the U.S. brand continues to face declining sales for its sustainable footwear.
The San Francisco-based company said sales were negatively impacted by structural changes, including impacts from international distributor transitions, and planned retail store closures.
Despite the sales drop, for the three months ending September 30, net losses narrowed to $20.3 million, compared to $21.2 million for the third quarter of 2024.
“We’re pleased to deliver third quarter results in line with our expectations, highlighted by a robust flow of new product introductions - many of which met with strong customer response,” said Joe Vernachio, CEO, Allbirds.
“Entering the final months of the year, we will continue to sup

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