Singapore's LightInTheBox Q1 profit hits record on branded apparel growth

LightInthebox Holding

12/05/2026 12:13

Overview

Singapore e-commerce firm's Q1 revenue rose 11% yr/yr, reversing prior declines

Q1 net income reached $1.2 mln, marking eighth consecutive profitable quarter

Company repurchased $1.3 mln in shares under ongoing buyback program

Outlook

Company did not provide specific guidance for the current quarter or full year

Result Drivers

BRANDED APPAREL GROWTH - Co said branded apparel revenue grew over 81% yr/yr and accounted for a larger share of total revenue

PRODUCT CUSTOMIZATION & BRAND STRATEGY - Co attributed results to offering highly customized products and a brand matrix across womens fashion, golf apparel, and party dresses

COST CONTROL - General and administrative expenses fell 15% yr/yr, helping support profitability

Company press release: ID:nPnXcfm3a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$52 mln
Q1 EPS
$0.01


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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.)