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DrJaguar8
commented on a stock · Jul 9 03:41

NEWS

DBGI Forecasts Profitable Q3 2026 with $8.5M to $11M Revenue Driven by Collegiate Expansion & Multi-City Government Rollout

55 seconds ago, 12:40 PM PDT
Via BusinessWire
DBGI
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Rollout Expands in Q4 with an Additional $8M-$9M in Revenue and $3M+ Net Income Secured from 4 to 7 city scale-up

DBGI Corp. (NASDAQ:DBGI) a publicly traded company specializing in eCommerce and fashion today announced third quarter 2026 revenue guidance of $8.5 to $11.0 million and positive net income.

This represents a projected 500% to 650% year-over-year increase in revenue, alongside a significant bottom-line turnaround—shifting from a $3.5 million net loss in Q3 last year to break-even or positive net income this quarter.

This forecasted growth is driven by two key catalysts: a massive collegiate expansion from 1 to 18 universities, and a landmark government contract for the first scale deployment program across three cities.

Please note that the current guidance does not include $8 million to $9 million in revenue and $3 million net income contributions from the seven additional cities designated for the initial scale deployment program, as these were delayed by the government shutdown earlier this year.

"Our shift toward collegiate licensing and government contracts is scaling rapidly and profitably. This transition proves our new high-margin model is the right strategy to drive sustainable growth and creating both short and long-term shareholder value," said Hil Davis, CEO of Digital Brands Group.
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