Pearl management expects the AI wedding-planning business to exceed $85 million in revenue in 2027, as David’s Bridal pursues a proposed merger intended to take the unit public.
Management projects revenue growth of more than 100% and revenue above $85 million in 2027. It forecasts an EBITDA margin above 30% in 2026. Pearl is also forecast to generate positive free cash flow in 2026 and 2027 and have no debt after the transaction. Independent auditors for Pearl and K&F have not audited, reviewed or compiled the projections.
EconoTimes previously outlined the proposed merger’s terms.
