LightInTheBox (NYSE:LITB) Posts Earnings Results

LightInTheBox (NYSE:LITB) issued its earnings results on Tuesday. The technology company reported $0.12 EPS for the quarter, FiscalAI reports. LightInTheBox had a negative return on equity of 95.26% and a net margin of 3.69%.The firm had revenue of $51.98 million for the quarter.

Here are the key takeaways from LightInTheBox’s conference call:

• LightInTheBox reported its eighth consecutive profitable quarter and a record Q1 profit of $1.2 million, up sharply from $0.1 million a year ago.
• Revenue grew 11% year over year to $52 million, marking the company’s second straight quarter of top-line growth after earlier declines.
• Branded apparel remained a major growth driver, rising over 81% year over year and increasing to 24% of total revenue from 15% a year earlier.
• Gross margin stayed stable at 65%, while operating expenses as a percentage of revenue improved to 63% from 65%, helped by lower G&A spending.
• Management said the company is seeing continued turnaround momentum and expects 2026 to be another record-setting year, supported by cost control and its ongoing share repurchase program.

LightInTheBox Stock Up 0.8%

Shares of LightInTheBox stock traded up $0.02 on Wednesday, reaching $2.62. The company’s stock had a trading volume of 740 shares, compared to its average volume of 9,478. The company has a market capitalization of $47.39 million, a P/E ratio of 5.82 and a beta of -0.23. LightInTheBox has a 52-week low of $1.07 and a 52-week high of $4.17. The stock has a 50-day moving average price of $2.37 and a 200-day moving average price of $2.45.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of LightInTheBox in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Trading of LightInTheBox

A hedge fund recently bought a new stake in LightInTheBox stock. SmartHarvest Portfolios LLC acquired a new stake in LightInTheBox Holding Co., Ltd. (NYSE:LITB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 19,497 shares of the technology company’s stock, valued at approximately $44,000. SmartHarvest Portfolios LLC owned approximately 0.11% of LightInTheBox at the end of the most recent reporting period. 56.77% of the stock is currently owned by hedge funds and other institutional investors.

LightInTheBox Company Profile

LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.

Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.