Apparel retailer LightInTheBox Q3 net income jumps, revenue drops on margin focus

Reuters11-12
Apparel retailer LightInTheBox Q3 net income jumps, revenue drops on margin focus

Overview

  • LightInTheBox Q3 net income rises to $2.8 mln from $0.3 mln last year

  • Company Q3 revenue declines 3% yr/yr, reflecting focus on margin preservation

  • Gross margin improves to 66.9% from 61.1% last year, driven by high-margin products

Outlook

  • LightInTheBox expects overall revenue growth in 2026

  • Company plans broader channel expansion and enhanced marketing efficiency

  • LightInTheBox focuses on scaling DTC brands for growth

Result Drivers

  • DTC APPAREL GROWTH - Co leveraged proprietary designs and customer insights to drive higher margins and loyalty

  • PRINT-ON-DEMAND - Shift to bespoke, high-value offerings like print-on-demand apparel helped turnaround legacy business

  • GOLF APPAREL TRACTION - Emerging women's golf apparel line gaining traction in niche, high-margin market

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

$2.84 mln

Q3 Operating Expenses

-$34.50 mln

Press Release: ID:nPn5QtWdDa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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