LightInTheBox Holding Q3 Sales $154.32M Up From $121.03M YoY, Quarterly Sales Were Led By Apparel Sales Of $127M
Portfolio Pulse from Benzinga Newsdesk
LightInTheBox Holding Co., Ltd. (LITB) reported a 27.51% increase in Q3 sales to $154.32 million, up from $121.03 million year-over-year, with apparel sales contributing $127 million.
November 28, 2023 | 11:06 am
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LightInTheBox Holding Co., Ltd. (LITB) experienced a significant increase in Q3 sales, indicating strong performance, particularly in apparel.
The reported increase in sales is a strong indicator of growth and positive performance for LightInTheBox. The substantial contribution from apparel sales suggests that this segment is particularly strong. Investors may view these results positively, leading to a potential short-term increase in stock price.
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IMPORTANCE 90
RELEVANCE 100