Lulus Reports Excellent First Quarter 2022 Results and Record Quarterly Net Revenue
Lulu's Fashion Lounge Holdings, Inc. (LVLU)
Company Research
Source: GlobeNewswire
First Quarter Net Income up $3.4 Million and Adjusted EBITDA up 84% from First Quarter 2021 Raising Full Year 2022 Net Revenue Outlook to $490-$500 Million, Up 30%-33% from 2021 Raising Full Year 2022 Adjusted EBITDA Outlook to $50-$51 Million, Up 21%-23% from 2021 CHICO, Calif., May 17, 2022 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the "Company") (Nasdaq: LVLU) today reported financial results for the first quarter ended April 3, 2022. David McCreight, CEO of Lulus, said: “We are pleased to report on another strong quarter, with Q1 2022 representing our highest quarterly net revenue in our history. Net revenue grew 62% and Adjusted EBITDA grew 84% over the same period last year. We delivered an all-time high Q1 gross margin rate of 47.3%, reinforcing our belief that Lulus is positioned well to continue to grow in spite of macro environment challenges, such as inflation and supply chain pressures.” First Quarter 2022 Highlights: Net revenue up 62%,
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News
- Lulus Celebrates Female Friendship With the Launch of First-Ever Out-of-Home Campaign in Major Cities Across the U.S. [Yahoo! Finance]Yahoo! Finance
- Lulus Celebrates Female Friendship With the Launch of First-Ever Out-of-Home Campaign in Major Cities Across the U.S.Business Wire
- 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
LVLU
Earnings
- 3/6/24 - Miss
LVLU
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- LVLU's page on the SEC website