Untuckit

Destination XL Group, Inc. Reports Fiscal 2023 Fourth Quarter and  Full-Year Financial Results

Retrieved on: 
Thursday, March 21, 2024
E-commerce, Untuckit, Destination XL Group, Comparable, Tax, Growth, Male, Capital expenditure, History, NOL, Shoe, Investment, Interest, Depreciation, Income tax, DXL, Marketing, Corporation, Security (finance)

Comparable sales for the fourth quarter decreased 10.1% as compared to the fourth quarter of fiscal 2022.

Key Points: 
  • Comparable sales for the fourth quarter decreased 10.1% as compared to the fourth quarter of fiscal 2022.
  • For the 14-week fourth quarter of fiscal 2023, total sales were $137.1 million as compared to $143.9 million for the 13-week fourth quarter of fiscal 2022.
  • SG&A expenses for the fourth quarter of fiscal 2023 were 38.5% of sales, compared with 37.8% in the fourth quarter of fiscal 2022.
  • Interest income for the fourth quarter of fiscal 2023 was $0.7 million, as compared to interest income of $0.1 million for the fourth quarter of fiscal 2022.

UNTUCKit Finds its Perfect Fit with NetSuite

Retrieved on: 
Thursday, March 28, 2024
Untuckit, Success, Data, Growth, ERP, Clothing, NetSuite, QuickBooks, Oracle, Online shopping

NEW YORK, March 28, 2024 /PRNewswire/ -- SuiteConnect -- UNTUCKit, an apparel brand known for creating "Shirts Designed to be Worn Untucked," is using Oracle NetSuite to support its mission to bring the perfect fitting shirt to more customers. With NetSuite, UNTUCKit has been able to take advantage of an integrated business suite to support its continued growth by automating financial processes, improving the speed and accuracy of reporting, and efficiently scaling its operations.

Key Points: 
  • "As UNTUCKit rapidly grew, disconnected data systems and siloed workflows were creating inefficiencies and were not sustainable," said Chris Riccobono, founder, UNTUCKit.
  • With NetSuite, UNTUCKit has been able to integrate and automate workflows to help save time, reduce errors, and improve visibility across its operations.
  • Finally, NetSuite OneWorld has helped UNTUCKit manage its operations and ensure consistency across its subsidiaries including UNTUCKit LLC, UNTUCKit Canada, and UNTUCKit UK.
  • "With NetSuite, UNTUCKit has a unified view of its business that helps it optimize performance across product portfolios and sales channels.

Lightspeed Announces Third Quarter 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024
Michelin, Pinarello, TSX, Webcast, Untuckit, IPhone, Clothing, ID, Pandemic, Intelligence, Growth, Bank statement, River, Acceleration, Marketing, GTV, Risk, ARPU, EDGAR, COVID-19, CFO, Churn, POS, Adjustment, GPV, Customer

MONTREAL, Feb. 8, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), today announced financial results for the three and nine months ended December 31, 2023.

Key Points: 
  • MONTREAL, Feb. 8, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), today announced financial results for the three and nine months ended December 31, 2023.
  • "With our growing ARPU, industry leading platforms, and sound financial foundation, we are excited for the future at Lightspeed."
  • Lightspeed Capital expanded into France, the Netherlands and Belgium in the quarter, with Germany launching just after the quarter ended.
  • Lightspeed will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, February 8, 2024.

Destination XL Group, Inc. Reports Third Quarter Financial Results

Retrieved on: 
Friday, November 17, 2023
EBITDA, Untuckit, Investment, Destination XL Group, Clothes horse, Public expenditure, Comparable, Marketing, Supplement, Shoe, Customer, Total, Growth, Interest, SERP, Human, DXL, Retail, Video game, Security (finance), Payment card, Drug

Total sales for the third quarter were $119.2 million, down 8.1% from $129.7 million in the third quarter of fiscal 2022.

Key Points: 
  • Total sales for the third quarter were $119.2 million, down 8.1% from $129.7 million in the third quarter of fiscal 2022.
  • Comparable sales for the third quarter of fiscal 2023 decreased 6.7% as compared to the third quarter of fiscal 2022.
  • "Despite this challenging quarter, we remain disciplined and committed to the strategy and initiatives of which we have spoken previously.
  • Adjusted EBITDA, a non-GAAP measure, for the third quarter of fiscal 2023 was $8.6 million, as compared to $16.4 million for the third quarter of fiscal 2022.

Fair Harbor Appoints Three Retail Veterans to its Board

Retrieved on: 
Wednesday, October 25, 2023
J.Crew, Female, Keystone Collections Group, NYSE, Fair Harbor, New York, Veteran, Empowerment, Shoe, Untuckit, Growth, Toms Shoes, American Apparel, Crate, Love, Pleasure, Crate & Barrel, Woman, BCG, ModCloth, CBO, Thomas Danehy, Management, Retail, Caleres

NEW YORK, Oct. 25, 2023 /PRNewswire/ -- Fair Harbor, the pioneering sustainable apparel brand that revolutionized the men's swimwear space with its proprietary fabric technology, welcomes three retail veterans to its Board. As the digitally native business focuses on continuing to expand its product offering and channel distribution, these experienced industry leaders will help drive Fair Harbor's next growth phase:

Key Points: 
  • NEW YORK, Oct. 25, 2023 /PRNewswire/ -- Fair Harbor , the pioneering sustainable apparel brand that revolutionized the men's swimwear space with its proprietary fabric technology, welcomes three retail veterans to its Board.
  • "We are excited to welcome Tracy, Silvia, and Jennifer to the Fair Harbor Board," said Jake Danehy, CEO and co-founder of Fair Harbor.
  • Silvia Mazzucchelli said: "I joined Fair Harbor because I deeply relate to its core mission of protecting the places we all love.
  • I am most impressed with the vision, dedication, entrepreneurial spirit, and authenticity the Fair Harbor team shows daily."

UNTUCKit and DXL, the nation's leading Big + Tall Retailer for Men, Announce Collaborative Collection

Retrieved on: 
Monday, October 2, 2023
Untuckit, Westport Big & Tall, Destination XL Group, Tall, Collection, DXL, XXXL, Nightclub

NEW YORK, Oct. 2, 2023 /PRNewswire-PRWeb/ -- "Our customers have asked, and we listened. We're excited to team up with DXL to fit even more guys who want the perfect untucked shirt," said Founder Chris Riccobono. "We think combining DXL's perfected Big + Tall fits with UNTUCKit's high-quality fabric and untucked length will hugely affect the Big + Tall space. We're excited to finally answer the call from guys who love our shirts and have consistently asked us to make larger sizes."

Key Points: 
  • Destination XL Group, Inc. (NASDAQ: DXLG) and UNTUCKit, one of the fastest-growing retail brands in North America, announces a capsule collection with leading Big + Tall menswear retailer DXL aimed to bring The Original Untucked Shirt to even more closets with Big + Tall extended sizing.
  • Available starting October 2, 2023, the assortment consists of classic UNTUCKit shirts, made to fit Big + Tall guys, in new sizes and lengths never offered before.
  • "We think combining DXL's perfected Big + Tall fits with UNTUCKit's high-quality fabric and untucked length will hugely affect the Big + Tall space.
  • The UNTUCKit, Fit By DXL shirts will be available only at DXL.com with select stores offering styles to try on for fit.

Destination XL Group, Inc. Reports Second Quarter Financial Results

Retrieved on: 
Thursday, August 24, 2023
Clothes horse, Employment, Partnership, Destination XL Group, SG, Comparable, Marketing, DXL, Research, Public expenditure, EBITDA, Investment, Corporation, Growth, Shoe, Untuckit, Security (finance), Retail, Video game, Pharmaceutical industry

CANTON, Mass., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated-commerce specialty retailer of Big + Tall men’s clothing and shoes, today reported operating results for the second quarter of fiscal 2023, and updated sales and earnings guidance for the fiscal year.

Key Points: 
  • Total sales for the second quarter were $140.0 million, down 3.2% from $144.6 million in the second quarter of fiscal 2022.
  • Comparable sales for the second quarter of fiscal 2023 decreased 1.4% as compared to the second quarter of fiscal 2022.
  • Total sales for the second quarter of fiscal 2023 were $140.0 million, as compared to $144.6 million in the second quarter of fiscal 2022.
  • Adjusted EBITDA, a non-GAAP measure, for the second quarter of fiscal 2023 was $22.9 million, as compared to $25.9 million for the second quarter of fiscal 2022.

Drizly for Business Debuts Elevated Corporate Concierge Service & Suite of Premium Business-Focused Offerings

Retrieved on: 
Thursday, June 22, 2023
The Washington Post, Drink, Untuckit, Beer, Business, Container deposit legislation in the United States, NYSE, Wine, Online shopping, Drizly

BOSTON, June 22, 2023 /PRNewswire/ -- Drizly, an Uber Company (NYSE: UBER), today introduced an expanded suite of business-focused offerings and an elevated Corporate Concierge service from Drizly for Business. Designed to help businesses save time, stay on budget, and leverage expert recommendations, Drizly for Business supports all corporate alcohol delivery occasions, including events, gifting, and office restocking, whether it be for employees, clients or customers.

Key Points: 
  • Drizly for Business is the go-to drinks service for corporate events, gifting and restocking; newly introduced business solutions include corporate bartending services, keg deliveries, and premium wine gift sets
    BOSTON, June 22, 2023 /PRNewswire/ -- Drizly , an Uber Company (NYSE: UBER), today introduced an expanded suite of business-focused offerings and an elevated Corporate Concierge service from Drizly for Business .
  • Today, Drizly for Business works with nearly 11,000 corporate clients across a variety of industries, including UNTUCKit and The Herbal Chef.
  • "As the pioneer of alcohol e-commerce, we're excited to now offer an expanded suite of business-focused offerings as we see more and more companies turning to Drizly for all their corporate delivery needs for drinks," said Kimberly Gordon, Director of Corporate Business Development at Drizly.
  • To further elevate any company gathering, Drizly for Business has debuted an expanded suite of offerings for corporate events - including corporate bartending services and keg deliveries.

Headless Commerce Packs a Punch: Best-of-Breed Digital Experience Platform Pack Attracts Industry-Leading Agencies, Partners, and Top Talent; Helps Brands Scale Growth

Retrieved on: 
Thursday, May 25, 2023
Technology, Marketing, Other Technology, Electronic Commerce, Communications, Software, Fashion, Retail, Online Retail, Product marketing, Untuckit, Cut (clothing), Trellis, Shopify, AOV, Athleisure, Margaret, Route, Traction, MVMT, Commerce, Kylie Cosmetics, Yoy, Growth, GTM, Glass, Knitting, Video game, Online shopping, Pack, Shogun, Nessa, Prima, Partnership

This approach helps brands boost conversion rates, eliminate marketing and developer bottlenecks, and tap into vibrant tech ecosystems—without the tradeoffs of a traditional headless build.

Key Points: 
  • This approach helps brands boost conversion rates, eliminate marketing and developer bottlenecks, and tap into vibrant tech ecosystems—without the tradeoffs of a traditional headless build.
  • The results speak for themselves: customers like Cuts Clothing boosted conversions by more than 20%, achieving a stunning 200% YoY growth.
  • We built Pack so teams can create the amazing, personalized shopping experiences they once could only dream of,” said Cory Cummings, co-founder, and CEO of Pack.
  • With an aggressive roadmap of frontend features like testing, personalization, internationalization and deep integrations, Pack will continue to enable brands and agencies alike to experience the promise of a headless approach to commerce.

YOOBIC Recognized with 2023 "Overall Workforce Management Solution of the Year" Award by RetailTech Breakthrough

Retrieved on: 
Thursday, May 4, 2023
Pressure, Communication, International, Untuckit, COVID-19, Job satisfaction, Mattress Firm, Gallup, HQ, Documentation, Translation, Peloton, Paper, AI, Health, Social media, Safety, Video game, Pharmaceutical industry

NEW YORK, May 4, 2023 /PRNewswire/ -- YOOBIC, the all-in-one Frontline Employee Experience Platform, today announced that it is the recipient of the "Overall Workforce Management Solution of the Year" award in the inaugural RetailTech Breakthrough Awards program conducted by RetailTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout retail technology companies, products and services around the globe.

Key Points: 
  • Additionally, YOOBIC's Frontline Employee Experience Platform digitizes important procedural documents, such as health and safety checklists and inspection logbooks.
  • Alongside employee handbooks and other vital materials, this documentation can be shared and accessed easily, reducing downtime.
  • Congratulations to YOOBIC on winning the award for 'Overall Workforce Management Solution of the Year!'"
  • YOOBIC has proved hugely popular with hundreds of brands worldwide, including Francesca's, Lacoste, Lidl, Mattress Firm, Peloton, Timberland, and UNTUCKit.