Lulus Announces Stock Repurchase Program
Lulu's Fashion Lounge Holdings, Inc. (LVLU)
Company Research
Source: GlobeNewswire
CHICO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Lulu's Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), the attainable luxury brand for women, today announced that its Board of Directors has authorized a stock repurchase program of up to $2.5 million of Lulus common stock. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be modified, extended or terminated by the Board of Directors at any time. “We are committed to strategically deploying capital to generate value for shareholders and we remain confident in our path to return the business to growth,” said Crystal Landsem, Chief Executive Officer, Lulus. “Given ongoing consumer and macro headwinds and recent market dynamics, we believe our stock is undervalued. We consider our common stock to be an attractive investment, particularly in view of the current price at which the common stock is trading relative to the Company's healthy balan
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LVLU
News
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- Lulu's Fashion Lounge Holdings, Inc. (NASDAQ: LVLU) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $3.00 price target on the stock.MarketBeat
- Lulu's Fashion Lounge Holdings, Inc. (LVLU) Reports Q1 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
LVLU
Earnings
- 5/8/24 - Miss
LVLU
Sec Filings
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 4/23/24 - Form ARS
- LVLU's page on the SEC website