Digital Brands Group, INC 8-K filings

Digital Brands Group reaffirms its 2024 revenue forecast of $27 million to $30 million, internal free cash flow of $6 million to $7 million, and EBITDA of $1.5 million to $2.0 million, while also committing to no equity offerings for the year.

Digital Brands Group plans to open 50 retail stores over the next several years, funded by internal free cash flow, projecting significant revenue growth.

Digital Brands Group plans to open its first retail store in March, projecting over $1.5 million in annual revenue and $500,000 in annual cash flow.