Overview
* LightInTheBox ( LITB ) 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 ( LITB ) expects overall revenue growth in 2026
* Company plans broader channel expansion and enhanced marketing efficiency
* LightInTheBox ( LITB ) 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/Mis Actual Consensu
s s
Estimate
Q3 Net $2.84
Income mln
Q3 -$34.50
Operatin mln
g
Expenses
Press Release:
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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.)