secwatch.observer — SEC 8-K summary
======================================

Issuer:     KIDPIK CORP. (—)
CIK:        0001861522
Form:       8-K
Filed at:   2024-04-10T23:59:59+00:00
Accession:  0001493152-24-014210
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kidpik Q4 revenue down 29% to $3.4M; EPS -$2.14, negative gross margin from write-down
--------------------------------------------------------------------------------

- Revenue $3.4M, down 28.9% YoY; shipped items fell 24% to 285,000.
- Gross margin negative 16.2% due to $2.9M inventory write-down; adjusted gross margin 69.5%.
- Net loss $4.0M ($2.14 per share); Adjusted EBITDA loss $3.9M.
- Average shipment keep rate improved to 66.2% from 65.3% in Q4 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861522/000149315224014210/0001493152-24-014210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861522/000149315224014210/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014210

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer