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LightInTheBox Holding Co Ltd - LITB STOCK NEWS

Welcome to our dedicated news page for LightInTheBox Holding Co (Ticker: LITB), a resource for investors and traders seeking the latest updates and insights on LightInTheBox Holding Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LightInTheBox Holding Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LightInTheBox Holding Co's position in the market.

News
LightInTheBox Files 2023 Annual Report on Form 20-F
Rhea-AI Summary
LightInTheBox Holding Co., (NYSE: LITB) files Annual Report on Form 20-F for the fiscal year 2023, offering shareholders access to audited financial statements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.33%
Tags
none
-
News
LightInTheBox Announces (1) Fourth Quarter and Full Year 2023 Financial Results and (2) Receipt of Non-compliance Letter from NYSE Regarding ADS Trading Price
Rhea-AI Summary
LightInTheBox Holding Co., announces unaudited financial results for Q4 and full year 2023, revealing a 25% revenue increase to $629.4 million driven by apparel sales, but faces NYSE notification due to low stock price. The company's net loss narrowed by 34% year-over-year to $6.3 million. Despite revenue growth, the company experienced a decline in Q4 2023 with total revenues decreasing by 13.3% to $135.6 million, and net loss reduced to $4.3 million. The company's cash and cash equivalents decreased to $71.7 million as of December 31, 2023, from $94.6 million in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.24%
Tags
earnings
-
News
LightInTheBox to Report Fourth Quarter and Full Year 2023 Financial Results on Monday, March 25, 2024
Rhea-AI Summary
LightInTheBox Holding Co., (NYSE: LITB) will release its unaudited financial results for Q4 and full year 2023 on March 25, 2024. An earnings conference call will be held at 8:00 a.m. ET the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.84%
Tags
conferences earnings
News
LightInTheBox Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
LightInTheBox Holding Co., an apparel e-commerce retailer (NYSE: LITB), reported strong financial results for Q3 2023, with total revenues reaching $154.3 million, a 27.5% increase year-over-year. Apparel sales led the growth, reaching $127.3 million, representing 82.5% of total revenues. The company also reported a gross margin of 59.5% and net income of $0.1 million for the quarter. Cash and cash equivalents stood at $80.0 million as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
earnings
-
News
LightInTheBox to Report Third Quarter 2023 Financial Results on Tuesday, November 28, 2023
Rhea-AI Summary
LightInTheBox Holding Co., Ltd. (LITB) to Release Q3 2023 Financial Results and Host Earnings Call on November 28, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
conferences earnings
-
News
LightInTheBox Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
LightInTheBox announces Q2 2023 financial results with total revenues of $191.8 million, a 44.9% YoY increase. Apparel sales increased by 50.1% to $163.2 million. Gross margin improved to 57.5%. Net loss was $1.5 million. Cash balance at $94.6 million. Q3 net revenues expected to be between $145 million and $160 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
Tags
earnings
News
LightInTheBox to Report Second Quarter 2023 Financial Results on Friday, September 15, 2023
Rhea-AI Summary
LightInTheBox Holding Co., Ltd. will release its unaudited financial results for Q2 2023 on September 15, 2023. Earnings conference call scheduled at 8:00 a.m. ET on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
conferences earnings
-
News
LightInTheBox to Hold Annual General Meeting on September 28, 2023
Rhea-AI Summary
LightInTheBox Holding Co., Ltd. will hold its annual general meeting of shareholders on September 28, 2023, in Shanghai, China. The record date for determining the shareholders entitled to attend and vote at the meeting is August 30, 2023. Shareholders can access the AGM Notice and form of proxy on the company's website. The company has also filed its annual report on Form 20-F with the SEC, which can be accessed on the company's website and the SEC's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.93%
Tags
none
-
News
LightInTheBox Announces Share Repurchase Program
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
buyback
News
LightInTheBox Among Top 50 Kantar BrandZ Chinese Global Brand Builders for 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
Stock LITB logo
LightInTheBox Holding Co Ltd

NYSE:LITB

LITB Rankings

#4398 Ranked by Market Cap
#457 Ranked by Stock Gains
N/A Ranked by Dividends

LITB Stock Data

84.80M
10.62M
12.47%
7.6%
0.02%
Electronic Shopping
Retail Trade
Link
China (Mainland)
Beijing

About LITB

lightinthebox is a global online retail company that delivers products directly to consumers around the world. founded in 2007, lightinthebox has offered customers a convenient way to shop for a wide selection of lifestyle products at attractive prices through www.lightinthebox.com, www.miniinthebox.com, and other websites, which are available in multiple major languages. lightinthebox offers products in the three core categories of apparel, small accessories and gadgets and home and garden. lightinthebox's innovative data-driven business model allows itself to offer customized products, such as wedding dress and evening dress, at scale for optimal marketing, merchandising and fulfillment. for more information, please visit: www.lightinthebox.com