Streetbeat News

HOUR

Hour Loop, Inc.

https://www.hourloop.com

Industry

Specialty Retail

Hour Loop, Inc., an online retailer, engages in e-commerce retailing in the United States. The company sells home/garden décor, toys, kitchenware, apparel, and electronics products. It sells its products through hourloop.com, amazon.com, and walmart.com. Hour Loop, Inc. was founded in 2013 and is headquartered in Redmond, Washington.

Open

1.32

Mkt cap

47M

Volume

9.7K

High

1.34

P/E Ratio

33.50

52-wk high

2.20

Low

1.31

Div yield

N/A

52-wk low

0.83

Hour Loop shares are trading higher after the company reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 2:41 pm

Hour Loop (NASDAQ:HOUR) reported a significant improvement in its Q2 earnings, with EPS rising to $0.02 from a loss of $(0.02) YoY, and sales increasing by 25.22% to $28.07 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:01 pm

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Mullen Automotive (MULN) led the gainers with a 41.9% increase, while GameStop (GME) headed the losers with a 15.6% decline. Other notable movers included Workhorse Group (WKHS), Dogness (DOGZ), and Bowlero (BOWL), with movements attributed to market dynamics and specific company news such as Bowlero's Q3 earnings report.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 4:31 pm

Hour Loop shares are trading lower following the announcement of Q1 financial results and the issuance of FY24 revenue guidance that fell below market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 2:30 pm

Hour Loop projects its FY24 revenue to be between $145M-$172M, which is below the estimated $181.3M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:11 pm

The correct ticker symbol for Hour Loop is HOUR, not LOOP as may have been previously suggested.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:11 pm

Hour Loop reported its Q1 2024 earnings with an EPS of $0.03, a significant improvement from the previous year's $(0.04). Revenue also increased to $24.681M from $21.067M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:09 pm

In Friday's intraday session, 12 consumer discretionary stocks showed significant movement. Gainers included Connexa Sports Techs, Sonder Holdings, Coupang, BT Brands, Xcel Brands, and Smart Share Glb with increases ranging from 8.1% to 18.5%. Losers were Lixiang Education Hldg, Golden Heaven Group Hldgs, Hour Loop, Meta Data, JX Luxventure, and iRobot, with declines between 11.78% and 26.2%.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 4:31 pm

In Thursday's intraday session, 12 consumer discretionary stocks saw significant movements. Notable gainers included Kidpik, Mullen Automotive, RH, Fitell, U Power, and Birks Group, with increases ranging from 12.19% to 30.0%. On the losing end, SRIVARU Holding, Twin Vee PowerCats, Hour Loop, Bright Scholar Education, Selina Hospitality, and Jeffs Brands experienced declines between 8.87% and 15.1%. RH's rise followed their Q4 earnings release, as did the declines for Twin Vee PowerCats and Hour Loop.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 4:31 pm

Hour Loop shares are trading lower following the announcement of a year-over-year decrease in its FY23 EPS results.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 5:30 pm

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