Lulus Reports Continued Profitability for the Third Quarter 2022 and Updates 2022 Guidance
Lulu's Fashion Lounge Holdings, Inc. (LVLU)
Company Research
Source: GlobeNewswire
CHICO, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today reported financial results for the third quarter ended October 2, 2022, and updated guidance for full year 2022. David McCreight, CEO of Lulus, said: “In the third quarter of 2022, we saw gains in several operational and customer metrics, including a record number of repeat customers transacting with us, as well as healthy year-over-year growth in Active Customers and Average Order Value – signaling that our brand is resonating with our customers. Like many in the industry, we saw lower net revenue growth from macroeconomic factors, including inflation, which we believe impacted customer spending and product returns behavior. Due to the macroenvironment, we increased our promotional cadence, which resonated with our customers but resulted in product margin compression. Our balance sheet remains strong, enabling us to continue to focus on delivering
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News
- Lulus to Report First Quarter 2024 Results on May 8, 2024GlobeNewswire
- 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
- Lulus Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Lulus Reports Fourth Quarter and Fiscal Year 2023 ResultsGlobeNewswire
- Lulus Teams Up With Gyrl Wonder to Empower Women of Color to Enter Into the Fashion World [Yahoo! Finance]Yahoo! Finance
LVLU
Earnings
- 3/6/24 - Miss
LVLU
Sec Filings
- 4/8/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- LVLU's page on the SEC website