Kidpik Corp (PIK) Reports Q3 Loss of $0.22/sh
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Kidpik Reports Third Quarter 2021 Financial Results
December 21, 2021 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 its third quarter of 2021.
Quarter highlights:
Revenue, net: increased 20.3% to $5,574,099 compared to $4,634,529 in the third quarter of 2020. Subscription box revenue, net: was 85.1% of total revenue in Q3 2021 or $4,745,933, compared to $4,016,696 in Q3 2020. Gross Margin: was 58.2% compared to 59.3% in the third quarter of 2020 Shipped items: increased by 18.9% to 559,000 shipped items, compared to 470,000 shipped items in the third quarter of 2020 Average... More
