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LightInTheBox Holding raises Q2 2014 guidance

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Staff writer ▼ | June 30, 2014
An online retailer LightInTheBox Holding Co. announced that it expects its net revenues for the second quarter of 2014 to be between $86 million and $88 million.
LightInTheBox
LightInTheBoxAn online retailer LightInTheBox Holding Co. announced that it expects its net revenues for the second quarter of 2014 to be between $86 million and $88 million.


This compares to previously announced net revenue guidance of $84 million to $86 million. The updated net revenue guidance represents a year-over-year increase of 19% to 22% from the same period in 2013.

"We are encouraged by the better-than-expected results for the second quarter. We have made good progress in recent quarters, particularly with respect to upgrading our product offerings and enhancing our customer experiences. We look forward to providing investors with more details about our performance on our second quarter earnings conference call," commented Alan Guo, chairman and CEO of LightInTheBox.


 

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