What trends can investors expect from BIRD's earnings in 2025?

**Allbirds' 2025 Earnings Trends**: Investors can anticipate the following trends based on the company's financial performance and strategic shifts:

1. **Revenue Decline**: Allbirds is expected to report a decrease in net revenue for the fiscal year 2025, with projections between $175 million and $195 million. This is below analysts' estimates and reflects a $18 million to $23 million revenue hit due to operational transitions and store closures.
2. **Gross Margin Improvement**: Despite revenue challenges, Allbirds is forecasted to maintain or improve gross margins, potentially reaching mid-40s for the full year. This is attributed to cost management initiatives and a higher average selling price.
3. **Adjusted EBITDA Loss**: The company is anticipated to report an adjusted EBITDA loss for 2025, ranging from $55 million to $65 million. This indicates ongoing financial challenges but shows improvement from previous years' losses.
4. **Strategic Shifts Impact**: The transition to a distributor model in international markets and the closure of 20 U.S. retail stores are expected to significantly impact revenue, with an estimated $18 million to $23 million decrease. However, these changes are part of a strategic plan to optimize the store fleet and improve cost efficiency.
5. **New Product Launches and Marketing Focus**: Allbirds plans to launch new core products in fall 2025 and is implementing a new marketing strategy to increase brand awareness. These initiatives could positively influence revenue and profitability in the latter part of the year.
6. **Market Challenges**: The company faces a challenging macroeconomic environment and competitive pressures in the retail sector, which could affect consumer behavior and sales. These broader market factors will continue to influence Allbirds' financial performance.

In conclusion, while Allbirds is facing revenue decline and operational challenges, the company's strategic shifts, cost management, and new product launches offer potential for improved financial performance in the coming year. Investors should monitor the company's execution of its strategic plan and the effectiveness of cost-saving measures and new marketing initiatives.