Online retailer Hour Loop Q3 revenue up, margins hit by tariffs

Reuters
2025.11.12 13:09
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Online retailer Hour Loop reported a 7.6% increase in Q3 2025 net revenues to $33.4 million, with net income rising to $0.53 million. However, tariffs impacted gross margins, leading to a modest decline. The company has opted not to provide full-year 2025 guidance due to economic uncertainty. Key drivers included an increased inventory strategy to maintain product availability and improved operational efficiency that reduced operating expenses.