Kidpik Corp (PIK) Tops Q1 EPS by 7c
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KIDPIK Reports First Quarter 2022 Financial Results
May 16, 2022 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- Kidpik Corp. (NASDAQ: PIK) (KIDPIK or the Company), an online clothing subscription-based e-commerce company, today reported its financial results for the first quarter ended April 1, 2022.
First Quarter Highlights:
Revenue, net: was $4.3 million, a year over year decrease of 18.7% Gross margin: was 59.9%, compared with 60.9% in the first quarter of 2021 Shipped items: were 370,985 items, compared to 543,243 shipped items in the first quarter of 2021 Average shipment keep rate: increased to 70.4%, compared to 67.7% in the first quarter of... More