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Hour Loop(HOUR) - 2025 Q1 - Quarterly Results
HOURHour Loop(HOUR)2025-05-13 04:05

Exhibit 99.1 Hour Loop Reports First Quarter of 2025 Results Profitability Continues Despite Challenges for the Overall Economy "However, our gross margin for the first quarter of 2025, compared with the year-ago period, was negatively affected by a challenging e-commerce environment and intense competition across the industry. Our operating expenses also increased mainly because we amended our profit-sharing frequency to quarterly for the purpose of talent retention. Overall, we believe we've built a solid ...