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LightInTheBox to Report Third Quarter 2024 Financial Results on Tuesday, December 10, 2024
Prnewswire· 2024-12-03 11:00
Core Points - LightInTheBox Holding Co., Ltd. will release its unaudited financial results for Q3 2024 on December 10, 2024, before U.S. market opening [1] - An earnings conference call is scheduled for 8:00 a.m. ET on December 10, 2024 [2] - Participants can preregister for the conference call to receive dial-in numbers and access details [3] Company Overview - LightInTheBox is a global online retail company that has been providing affordable lifestyle products since 2007 [5] - In 2024, the company shifted focus to apparel design and launched its proprietary brand, Ador.com, targeting women aged 35-55 with designer-quality clothing at competitive prices [5] - The company operates design studios and sample shops in the U.S. and China, including a boutique in Campbell, California [5] - LightInTheBox also offers a range of e-commerce services, including advertising, supply chain management, payment processing, order fulfillment, and shipping solutions [5]
LightInTheBox Announces Annual General Meeting Results
Prnewswire· 2024-10-11 10:00
Group 1 - LightInTheBox Holding Co., Ltd. announced that all resolutions presented at its annual general meeting on October 11, 2024, were passed [1] - The company focuses on serving middle-aged and senior customers, leveraging its global supply chain and logistics networks [2] - LightInTheBox operates through multiple websites and mobile applications available in over 20 major languages and 140 countries and regions [2] Group 2 - The company is headquartered in Singapore, with additional offices in California, Shanghai, and Beijing [2] - The full text of the resolutions can be found in the notice filed with the SEC on Form 6-K on September 11, 2024 [1]
LightInTheBox Annual General Meeting
Prnewswire· 2024-10-09 09:30
Core Viewpoint - LightInTheBox Holding Co., Ltd. is set to hold its annual general meeting (AGM) on October 11, 2024, and will provide an audio teleconference for virtual attendance, indicating the company's commitment to shareholder engagement and transparency [1][2]. Company Overview - LightInTheBox is an apparel e-commerce retailer that serves a global customer base, focusing on middle-aged and senior consumers. The company utilizes its global supply chain and logistics networks, along with in-house research and development, to offer a diverse range of appealing apparel [3]. - The company operates through multiple platforms, including its main website and mobile applications, available in over 20 major languages across 140 countries and regions. Its headquarters is located in Singapore, with additional offices in California, Shanghai, and Beijing [3]. AGM Details - The AGM is scheduled for October 11, 2024, at 10:00 a.m. Beijing Time, and will take place at the 11th Floor, 1188 Financial Center, Shanghai, China. Participants can join via a teleconference with specific dial-in numbers provided for various regions [1][2]. - The resolutions to be voted on during the AGM are available in the notice and proxy materials on the company's website [2].
LITB Stock Surges 5.26% Amid Strong Financial Performance
GuruFocus· 2024-10-02 20:15
Company Overview - LITB, also known as LightInTheBox, is an online retail company that provides products directly to consumers worldwide, including custom and fast fashion apparel, accessories, home and garden products, electronics, and communication devices [2] - The company also offers logistics services to e-commerce retailers and small businesses, primarily operating in Europe, North America, and other regions [2] Financial Performance - LITB's recent financial report indicates a revenue of $69.36 million, a net profit of $623,000, earnings per share of $0.03, and a gross profit of $43.29 million [1] - The price-to-earnings ratio for LITB stands at -7.69, indicating a negative earnings outlook [1] Stock Market Activity - LITB's stock price surged by 5.26%, trading at $2.80 per share with a trading volume of 4,997 shares and a turnover rate of 0.03% [1] - In the broader internet retail sector, which experienced an overall decline of 0.42%, notable gainers included Oriental Culture, Mogu Inc., and Ipower Inc. [1] - Active stocks in the sector included Jowell Global, JD.com, and Dada Nexus, with turnover rates of 7.56%, 2.80%, and 2.58% respectively [1] - Stocks with significant price amplitude included Jowell Global (33.47%), Linkage Global Inc (18.50%), and Ipower Inc (18.45%) [1]
LightInTheBox to Hold Annual General Meeting on October 11, 2024
Prnewswire· 2024-09-11 10:30
Core Viewpoint - LightInTheBox Holding Co., Ltd. will hold its annual general meeting of shareholders on October 11, 2024, in Shanghai, China, to consider resolutions outlined in the AGM Notice [1] Group 1: AGM Details - The AGM will take place at 10:00 a.m. local time at the 11th Floor, 1188 Financial Center, Shanghai [1] - The record date for determining shareholders entitled to attend and vote at the AGM is set for September 23, 2024 [2] - Shareholders holding ordinary shares at the close of business on the record date are eligible to vote at the AGM [2] Group 2: Financial Reporting - The company filed its annual report on Form 20-F, including audited financial statements for the fiscal year ended December 31, 2023, with the SEC on March 28, 2024 [3] - The annual report can be accessed on the company's website and the SEC's website [3] Group 3: Company Overview - LightInTheBox is an apparel e-commerce retailer focused on middle-aged and senior customers, leveraging a global supply chain and logistics network [4] - The company operates through multiple websites and mobile applications available in over 20 major languages across 140 countries and regions [4] - LightInTheBox is headquartered in Singapore, with additional offices in California, Shanghai, and Beijing [4]
LightInTheBox to Hold Annual General Meeting
Prnewswire· 2024-09-10 11:30
Core Viewpoint - LightInTheBox Holding Co., Ltd. will hold its annual general meeting of shareholders in October 2024 to consider the adoption of amended articles of association, specifically to remove special voting rights of certain shareholders [1] Company Overview - LightInTheBox is an apparel e-commerce retailer that serves middle-aged and senior customers, utilizing a global supply chain and logistics network [2] - The company operates multiple websites and mobile applications available in over 20 major languages across 140 countries and regions [2] - LightInTheBox is headquartered in Singapore, with additional offices in California, Shanghai, and Beijing [2]
LightInTheBox Announces Appointment of Director and Chairman of the Board
Prnewswire· 2024-08-27 10:15
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 10:00
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
2024-08-02 17:46
LightInTheBox Holding Co., Ltd. (NYSE:LITB) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Jenny Cai - Investor Relations Jian He - Chairman and Chief Executive Officer Yuanjun Ye - Chief Financial Officer Conference Call Participants Operator Hello, ladies and gentlemen. Thank you for standing by for LightInTheBox's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a quest ...
LightInTheBox(LITB) - 2024 Q2 - Quarterly Report
2024-08-02 11:00
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 ...