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Allbirds Losses Mount in Brick-and-Mortar Expansion

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Allbirds saw its losses grow in the third quarter even as revenue climbed 33 percent year over year, according to its first-ever earnings report as a public company. In a Nutshell: Increases in selling, general and administrative expenses—52.6 percent of revenue this past quarter versus 42.5 percent a year ago—were primarily driven by costs associated…

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