Online retailer LightInTheBox Q2 revenue falls as company trims long-tail products

LightInthebox Holding

26/08/2026 12:14

Overview
Singapore e-commerce firm's Q2 revenue fell 4% yr/yr as long-tail products were phased out
Q2 net income and adjusted EBITDA declined but company remained profitable
Company raised $5.49 mln in private placement and named new CFO

Outlook
Company says external environment remains uncertain, with focus on strategic transformation for AI era

Result Drivers
PRODUCT MIX OPTIMIZATION - Co said Q2 revenue fell as it phased out long-tail products to optimize its product mix
DISCIPLINED EXPENSE MANAGEMENT - Co said profitability was sustained through reductions in fulfillment, selling, and administrative expenses
EXTERNAL CHALLENGES - Co cited geopolitical disruptions, higher logistics costs and foreign exchange headwinds as impacting results

Company press release: ID:nPnbBw3zHa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Total Revenue
 
$56.80 mln
 
Q2 Net Income
 
$1.60 mln
 
Q2 Adjusted EBITDA
 
$1.90 mln
 
Q2 Gross Margin
 
66.10%
 
Q2 Operating Expenses
 
$35.50 mln
 

Analyst Coverage
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)