Description: Footwear retailer Allbirds on Thursday unveiled a broad overhaul of its strategy and an executive shake-up after failing to post year-over-year quarterly sales growth for the first time in its history.
Source: CNBC.com – video reports
Date: Mar 09, 2023
Questions for discussion:
- Explain the drop is share value?
- How much was this due to management’s strategic decision-making to boost growth?
- What would you advise the company do next?
- What is likely to happen next, in your opinion?
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