Digital Brands Group (DBGI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Digital Brands Group, Inc. is confidently maintaining its 2024 fiscal year revenue projections of $27 to $30 million, and anticipates generating $6 to $7 million in free cash flow along with $1.5 to $2.0 million in EBITDA. In a bold move to reassure investors, the company has also pledged not to conduct any equity offerings throughout the year.
For further insights into DBGI stock, check out TipRanks’ Stock Analysis page.