Q4 Earnings Highs And Lows: Solo Brands (NYSE:DTC) Vs The Rest Of The Leisure Products Stocks

As the Q4 earnings season comes to a close, it’s time to take stock of this quarter's best and worst performers in the leisure products industry, including Solo Brands (NYSE:DTC) and its peers.

Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don’t may find themselves in precarious positions due to the non-essential nature of their offerings.

The 14 leisure products stocks we track reported a weak Q4; on average, revenues missed analyst consensus estimates by 1.1%. while next quarter's revenue guidance was 11.6% below consensus. Investors abandoned cash-burning companies to buy stocks with higher margins of safety, but leisure products stocks held their ground better than others, with the share prices up 0.7% on average since the previous earnings results.

Solo Brands (NYSE:DTC)

Started through a Kickstarter campaign, Solo Brands (NYSE:DTC) is a provider of outdoor and recreational products.

Solo Brands reported revenues of $165.3 million, down 16.2% year on year, falling short of analyst expectations by 0.5%. It was a weak quarter for the company, with a miss of analysts' earnings estimates.

“I am thrilled to be leading Solo Brands. In my first two months here I have been incredibly impressed with the strength of our core brands, record operating cash flow and the tremendous growth potential ahead,” said Chris Metz, CEO of Solo Brands.

The stock is down 19.9% since the results and currently trades at $1.93.

Read our full report on Solo Brands here, it's free.

Best Q4: Smith & Wesson (NASDAQ:SWBI)

With a history dating back to 1852, Smith & Wesson (NASDAQ:SWBI) is a firearms manufacturer known for its handguns and rifles.

Smith & Wesson reported revenues of $137.5 million, up 6.5% year on year, outperforming analyst expectations by 2.9%. It was an exceptional quarter for the company, with an impressive beat of analysts' earnings estimates.

The stock is up 31.3% since the results and currently trades at $17.65.

Is now the time to buy Smith & Wesson? Access our full analysis of the earnings results here, it's free.

Clarus (NASDAQ:CLAR)

Initially a financial services business, Clarus (NASDAQ:CLAR) designs, manufactures, and distributes outdoor equipment and lifestyle products.

Clarus reported revenues of $76.5 million, up 3.6% year on year, falling short of analyst expectations by 8.7%. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations and a miss of analysts' revenue estimates.

Clarus had the weakest performance against analyst estimates and weakest full-year guidance update in the group. The stock is up 23.6% since the results and currently trades at $6.51.

Read our full analysis of Clarus's results here.

Johnson Outdoors (NASDAQ:JOUT)

Operating in locations worldwide, Johnson Outdoors (NASDAQ:JOUT) specializes in innovative outdoor recreational products for adventurers worldwide.

Johnson Outdoors reported revenues of $138.6 million, down 22.3% year on year, falling short of analyst expectations by 1.3%. It was a slower quarter for the company, with a miss of analysts' revenue estimates.

The stock is down 0.8% since the results and currently trades at $45.16.

Read our full, actionable report on Johnson Outdoors here, it's free.

OneWater (NASDAQ:ONEW)

A public company since early 2020, OneWater Marine (NASDAQ:ONEW) sells boats, yachts, and other marine products.

OneWater reported revenues of $364 million, down 0.7% year on year, falling short of analyst expectations by 0.2%. It was a weaker quarter for the company, with a miss of analysts' earnings estimates.

The stock is up 3.8% since the results and currently trades at $26.1.

Read our full, actionable report on OneWater here, it's free.

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