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LightInTheBox to Hold Annual General Meeting on October 11, 2024
Prnewswire· 2024-09-11 18:30
SINGAPORE, Sept. 11, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that it will hold its annual general meeting of shareholders (the "AGM") at the 11th Floor, 1188 Financial Center, No. 1188 Minsheng Road, Pudong New Area, Shanghai, People's Republic of China, on October 11, 2024, at 10:00 a.m. (local time) for the purposes of considering and, if thought fit, pas ...
LightInTheBox to Hold Annual General Meeting
Prnewswire· 2024-09-10 19:30
SINGAPORE, Sept. 10, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, announced that it will hold its annual general meeting of shareholders (the "AGM") at the 11th Floor, 1188 Financial Center, No. 1188 Minsheng Road, Pudong New Area, Shanghai, People's Republic of China, in October 2024 for the purposes of considering and, if thought fit, passing the resolutions to adopt the sixt ...
LightInTheBox Announces Appointment of Director and Chairman of the Board
Prnewswire· 2024-08-27 18:15
SINGAPORE, Aug. 27, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced the appointment of Mr. Zhi Yan as a director to the board of directors of the Company (the "Board") and to succeed Mr. Jian He as the chairman of the Board, effective August 26, 2024 (the "Appointment"). Following the Appointment, Mr. Jian He will remain as a director of the Board and the Chief Exe ...
LightInTheBox Announces ADS Ratio Change
Prnewswire· 2024-08-27 18:00
SINGAPORE, Aug. 27, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that it plans to change the ratio of its American depositary shares ("ADSs") to its ordinary shares (the "ADS Ratio Change"), par value US$0.000067 per share, from the current ratio of one (1) ADS representing two (2) ordinary shares to a new ratio of one (1) ADS representing twelve (12) ordinary s ...
LightInTheBox(LITB) - 2024 Q2 - Earnings Call Transcript
2024-08-03 01:46
财务数据和关键指标变化 - 公司第二季度总收入同比下降64%至6900万美元,主要受全球电商行业竞争加剧的影响 [14] - 毛利润为4300万美元,毛利率提升至62.4%,主要得益于产品升级和供应链优势 [14] - 总运营费用同比下降62%至4300万美元,主要受收入下降和运营效率提升的影响 [15] - 公司实现净利润60万美元,上年同期为亏损150万美元,主要得益于毛利率提升和成本管控 [17] - 调整后EBITDA为120万美元盈利,上年同期为70万美元亏损 [17] 各条业务线数据和关键指标变化 - 公司未具体披露各业务线的数据和指标变化情况 [无] 各个市场数据和关键指标变化 - 公司未具体披露各市场的数据和指标变化情况 [无] 公司战略和发展方向及行业竞争 - 公司将继续执行提升盈利能力的策略,同时进一步优化产品和客户服务 [18] - 公司将聚焦于提高运营效率和盈利能力,同时加大产品、服务和客户体验的升级,以及本地化运营的力度来差异化自己,培育品牌和客户忠诚度 [11][12] - 公司面临全球电商行业竞争加剧和流量获取成本上升的挑战 [9][10] 管理层对经营环境和未来前景的评论 - 管理层表示第二季度经营环境充满挑战,但通过优先考虑盈利能力的战略调整取得成效,并将继续保持敏捷应对不断变化的竞争环境 [9][10][12] - 管理层对公司的产品优化、本地化运营和提升客户体验等举措表示乐观,认为这些举措有助于公司差异化和培育品牌忠诚度 [11] - 管理层表示运营效率和盈利能力提升将是公司近中期的首要任务,同时也将继续投入研发以推动产品差异化和运营效率 [12][16] 其他重要信息 - 公司维持了较高水平的研发投入,认为研发和人工智能对于推动产品差异化和运营效率提升至关重要 [16] 问答环节重要的提问和回答 无
LightInTheBox Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-02 19:00
- Returns to Profitability with Net Income of $0.6 Million -SINGAPORE, Aug. 2, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced its unaudited financial results for the second quarter ended June 30, 2024."The second quarter of 2024 was a challenging one, with intensified competition and high traffic acquisition costs in the global e-commerce market continuing to weig ...
LightInTheBox to Report Second Quarter 2024 Financial Results on Friday, August 2, 2024
Prnewswire· 2024-07-26 18:00
- Earnings Call Scheduled for 9:00 a.m. ET on August 2, 2024 - SINGAPORE, July 26, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024 before the open of U.S. markets on Friday, August 2, 2024. LightInTheBox's management will hold an earnings conference call at 9:00 a.m. Eas ...
LightInTheBox(LITB) - 2024 Q1 - Earnings Call Transcript
2024-05-29 03:55
LightInTheBox Holding Co., Ltd. (NYSE:LITB) Q1 2024 Earnings Conference Call May 28, 2024 9:00 AM ET Company Participants Jenny Cai - Investor Relations Jian He - Chairman and Chief Executive Officer Yuanjun Ye - Chief Financial Officer Operator Hello, ladies and gentlemen, thank you for standing by for LightInTheBox's First Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a question-and-answer session. Today's ...
LightInTheBox(LITB) - 2024 Q2 - Quarterly Report
2024-05-28 18:08
Exhibit 99.1 LightInTheBox Reports First Quarter 2024 Financial Results Singapore, May 28, 2024 - LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel ecommerce retailer that ships products to consumers worldwide, today announced its unaudited financial results for the first quarter ended March 31, 2024. "We faced macroeconomic headwinds and increasing competition in the first quarter of 2024," said Mr. Jian He, Chairman and CEO of LightInTheBox. "We addressed the comp ...
LightInTheBox to Report First Quarter 2024 Financial Results on Tuesday, May 28, 2024
prnewswire.com· 2024-05-21 18:00
- Earnings Call Scheduled for 9:00 a.m. ET on May 28, 2024 - SINGAPORE, May 21, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2024 before the open of U.S. markets on Tuesday, May 28, 2024. LightInTheBox's management will hold an earnings conference call at 9:00 a.m. Eastern ...