Digital Brands Group ($DBGI) Was Born To Run…But Sundry Acquisition Could Lead To A Sprint. The title says it all. In less than a year, $DBGI has created a brand apparel lineup intended to deliver a massive surge in revenues and more importantly bottom line growth. Revenues Q over Q are surging on a consecutive basis, brand traction is increasing, its M&A activity is red-hot, and its guidance is decidedly bullish. So, what’s in play? A massive opportunity through a stock that appears clearly disconnected from an appropriate valuation. But, that’s not all bad- it does create investment opportunity. Consider this one sooner than later, especially as an update closing its Sundry acquisition could be imminent.
See our $DBGI coverage HERE.