Digital Brands Group, Inc. (DBGI)

NASDAQ: DBGI · IEX Real-Time Price · USD
1.490
-0.030 (-1.97%)
Jul 22, 2024, 12:25 PM EDT - Market open
-1.97%
Market Cap 3.01M
Revenue (ttm) 14.12M
Net Income (ttm) -4.79M
Shares Out 1.97M
EPS (ttm) -10.14
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,643
Open 1.520
Previous Close 1.520
Day's Range 1.490 - 1.540
52-Week Range 1.310 - 24.750
Beta 1.12
Analysts n/a
Price Target n/a
Earnings Date Aug 15, 2024

About DBGI

Digital Brands Group, Inc. engages in the provision of apparel products under various brands on direct-to-consumer and wholesale basis. The company designs, manufactures, and sells apparel, such as tops, sweaters, dresses, jumpsuits, bottoms, sets, jackets, rompers, suiting, shirts, jackets, pants, shorts, T-shirts, skirts, athleisure bottoms, denims, and other accessory products, as well as suiting for men. It sells its products under the Bailey 44, Harper & Jones, Stateside, Sunnyside, DSTLD, Sundry, and ACE Studios brand names. The company s... [Read more]

Industry Apparel Retail
IPO Date May 14, 2021
Employees 56
Stock Exchange NASDAQ
Ticker Symbol DBGI
Full Company Profile

Financial Performance

In 2023, DBGI's revenue was $14.92 million, an increase of 44.35% compared to the previous year's $10.33 million. Losses were -$10.25 million, -73.06% less than in 2022.

Financial Statements

News

Digital Brands Group Reports First Quarter 2024 Financial Results

Loss from operations was $225,000 versus $3.7 million a year ago Austin, TX, May 20, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyl...

2 months ago - GlobeNewsWire

Digital Brands Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024

Austin, TX, May 17, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the fi...

2 months ago - GlobeNewsWire

DBGI Announces Closing of Exercise of Warrants for $3.2 Million in Gross Proceeds

Austin, TX, May 07, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“we”, “us”, “DBG” or the “Company”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today annou...

2 months ago - GlobeNewsWire

DBGI Announces Exercise of Warrants for $3.2 Million in Gross Proceeds

Austin, TX, May 03, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“we”, “us”, “DBG” or the “Company”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today annou...

2 months ago - GlobeNewsWire

Digital Brands Group Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Net income loss was only $0.6 million in the fourth quarter, excluding non-cash expenses AUSTIN, Texas , April 15, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated col...

3 months ago - PRNewsWire

Digital Brands Group to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Monday, April 15, 2024

AUSTIN , April 12, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands,  will report financial results for the fourt...

3 months ago - PRNewsWire

Digital Brands Group To Open First Retail Store in First Half of April in Dallas, Texas

Store forecasted to generate over $1.5 million in annual revenue and $500,000 in annual cash flow AUSTIN, Texas , Feb. 27, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a cu...

5 months ago - PRNewsWire

Red-hot stock: Why did Digital Brands (DBGI) rise by 140%?

Very few stocks get a chance to rise by triple-digit percentages. So, a sleepy name like Digital Brands Group Inc. (NASDAQ:DBGI) making a 140% gain will attract attention.

5 months ago - Invezz

DBGI Reaffirms its 2024 Guidance and Commits to No Equity Offerings for 2024

AUSTIN, Texas , Feb. 13, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("we", "us", "DBG" or the "Company")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, announced...

5 months ago - PRNewsWire

Top 5 Consumer Stocks That May Rocket Higher In Q1 - Faraday Future (NASDAQ:FFIE), Digital Brands Group (NASDAQ:DBGI)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: FFIEMBLYUCARVMAR
6 months ago - Benzinga

DBG Plans to Open 50 Retail Stores Over Next Several Years Funded By Internal Free Cash Flow

DBG forecasts over $1.5 million per store or $75 million annually in revenues over entire store fleet AUSTIN, Texas , Jan. 18, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a...

6 months ago - PRNewsWire

Digital Brands Group Signs Letter of Intent to Open First Retail Store in March

DBG forecasts the store to generate over $1.5 million in annual revenue and $500,000 in annual cash flow AUSTIN, Texas , Jan. 16, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI)...

6 months ago - PRNewsWire

Digital Brands Group Forecasts $27M to $30M in Revenue, $6M to $7M in Internal Free Cash Flow and $1.5M to $2.0M in EBITDA for 2024

AUSTIN, Texas , Jan. 3, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces its initial 2024 revenu...

7 months ago - PRNewsWire

Digital Brands Group Announces Conversion of All Remaining Pre-Funded Warrants, Removing Overhang of Shares

AUSTIN, Texas , Dec. 4, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announced that all of the the rem...

8 months ago - PRNewsWire

Digital Brands Group Reports Third Quarter 2023 Financial Results

In October, the Company began generating internal free cash flow First quarter 2024 wholesale bookings are $4.5 million, which does not include e-commerce revenue, wholesale re-orders and licensing in...

8 months ago - PRNewsWire

DIGITAL BRANDS GROUP INC. ANNOUNCES DATE FOR 2023 ANNUAL MEETING OF SHAREHOLDERS

AUSTIN, Texas , Nov. 10, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("we", "us", "DBG" or the "Company") (NASDAQ: DBGI), today announced that the Company's 2023 Annual Meeting of Shareholders ("A...

9 months ago - PRNewsWire

Digital Brands Group to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023

AUSTIN, Texas , Nov. 10, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the t...

9 months ago - PRNewsWire

Digital Brands Group Announces Review of Strategic Alternatives

AUSTIN, Texas , Nov. 6, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announced the Board of Directors ...

9 months ago - PRNewsWire

Top 4 Consumer Stocks That Could Blast Off This Quarter - Cheetah Net Supply Chain (NASDAQ:CTNT), Digital Brands Group (NASDAQ:DBGI)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: CTNTMGOLSPGC
9 months ago - Benzinga

DBG Announces Closing of $5.0 Million Private Placement Priced At-The-Market under Nasdaq Rules

AUSTIN, Texas , Sept. 5, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG" or the "Company") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announced that i...

11 months ago - PRNewsWire

DBG Announces $5.0 Million Private Placement Priced At-The-Market under Nasdaq Rules

AUSTIN, Texas , Aug. 31, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG" or the "Company") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announced that i...

11 months ago - PRNewsWire

DBGI Announces 1-for-25 Reverse Stock Split Effective August 22, 2023

AUSTIN, Texas , Aug. 21, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("we", "us", "DBG" or the "Company") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, announced ...

11 months ago - PRNewsWire

Digital Brands Group Reports Second Quarter 2023 Financial Results

Net Earnings of $5.0 million or $0.38 per diluted share Revenues increased 69.6% to $4.5 million, which excludes the revenue from the Harper & Jones spin out AUSTIN, Texas , Aug. 17, 2023 /PRNewswire/...

1 year ago - PRNewsWire

Digital Brands Group to Report Second Quarter 2023 Financial Results on Thursday, August 17, 2023

AUSTIN, Texas , Aug. 15, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the ...

1 year ago - PRNewsWire

Digital Brands Group Reports First Quarter 2023 Financial Results

Revenues increased 48.4% to $5.1 million Gross margin increased 113.9% to $2.4 million AUSTIN, Texas , May 22, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collec...

1 year ago - PRNewsWire