LightInTheBox Holding Q4 EPS $0.04 Down From $0.07 YoY, Sales $135.60M Down From $156.42M YoY
Portfolio Pulse from Benzinga Newsdesk
LightInTheBox Holding (NYSE:LITB) reported a decrease in Q4 earnings per share from $0.07 last year to $0.04 this year, and a 13.31% drop in sales from $156.42M to $135.60M YoY.

March 25, 2024 | 10:04 am
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NEGATIVE IMPACT
LightInTheBox Holding reported a significant decrease in both earnings per share and sales in Q4 compared to the previous year.
The reported decrease in both earnings per share and sales for LightInTheBox Holding (LITB) is likely to negatively impact investor sentiment and the stock price in the short term. A 42.86% decrease in earnings per share and a 13.31% decrease in sales year-over-year are significant indicators of performance decline, which could lead to a decrease in stock price as investors react to the weaker financial results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100