Kidpik Corp (PIK) Misses Q3 EPS by 4c
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KIDPIK Reports Third Quarter 2023 Financial Results
November 14, 2023 4:05 PM ESTNEW YORK--(BUSINESS WIRE)-- Kidpik Corp. (KIDPIK or the Company), an online clothing subscription-based e-commerce company, today reported its financial results for the third quarter ended September 30, 2023.
Third Quarter 2023 Highlights:
Revenue, net: was $3.4 million, a year over year decrease of 6.7% Gross margin: was 61.1%, a year over year increase of 80 basis points from 60.3% in the third quarter of 2022 Shipped items: were 292,000 items, compared to 358,000 shipped items in the third quarter of 2022 Average shipment keep rate: increased to 82.6%, compared to 68.5% in... More