The handbag and accessories retailer narrowed its quarterly loss to $4.83 million, or 17 cents a share, a significant improvement from the $33.5 million loss recorded during the same period last year. Revenue rose by 7.8% to $55.7 million, bolstered by a return to customer growth in direct channels for the first time since 2021.

Bickley credited the momentum to strategic partnerships, specifically noting that collaborations with Bath and Body Works and Target successfully captured new audiences. Approximately 80% of customers interacting with these campaigns were new to the brand. Looking toward the remainder of the fiscal year, the company maintains its revenue guidance of $255 million to $270 million.