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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