Reformation Swings to Q3 FY26 Net Loss of $1.14 Million
Bitget2026/11/05 21:34- Reformation swung to a net loss of $1.1 million in the third quarter of FY26.
- Net revenue rose 19% to $173.6 million, while gross margin increased to 60.4%.
- Active Customers climbed 23% to 1.25 million; seven store openings brought the global total to 77.
- The retailer raised its FY26 net revenue outlook to $610 million–$612 million, representing growth of 20%–21%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Crypto prices
More
