Kidpik Corp (PIK) Misses Q3 EPS by 13c
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KIDPIK Reports Third Quarter 2022 Results
November 15, 2022 4:05 PM ESTNEW 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 third quarter ended October 1, 2022.
Third Quarter 2022 Highlights:
Revenue, net: was $3.6 million, a year over year decrease of 34.8% Gross margin: was 60.3%, a year over year increase of 210 basis points from 58.2% in the third quarter of 2021 Shipped items: were 358,000 items, compared to 559,000 shipped items in the third quarter of 2021 Average shipment keep... More