LightInTheBox Holding Co., Ltd. (LITB)
NYSE: LITB · Real-Time Price · USD
2.040
-0.005 (-0.24%)
May 4, 2026, 9:49 AM EDT - Market open
LightInTheBox Holding Earnings Call Transcripts
Fiscal Year 2025
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Delivered a record Q4 profit and full-year turnaround in 2025, driven by a 9% Q4 revenue increase, 65% gross margin, and strong branded apparel growth. Management expects continued revenue and profit growth in 2026.
Fiscal Year 2024
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Revenue dropped 63% year-over-year to $57M amid fierce e-commerce competition, but gross margin improved to 61% and net income rose to $0.3M. Strategic focus shifted to higher-margin proprietary brands and operational efficiency, highlighted by the launch of Ador.com.
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Q2 2024 saw a 64% revenue decline year-over-year to $69 million, but strategic focus on profitability led to a net income of $0.6 million and improved gross margin to 62.4%. Operational efficiency and product upgrades remain key priorities.