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Stock impact report

Lulus Reports First Quarter 2024 Results [Yahoo! Finance]

Lulu's Fashion Lounge Holdings, Inc. (LVLU) 
Company Research Source: Yahoo! Finance
Grew First Quarter 2024 Free Cash Flow by 127%, $3.4 million from First Quarter 2023 Board of Directors Authorized $2.5 million Share Repurchase Program CHICO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Lulu's Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today reported financial results for the first quarter ended March 31, 2024 and announced that its Board of Directors has authorized a share repurchase program for the repurchase of up to $2.5 million of the Company's common stock. Crystal Landsem, CEO of Lulus, said: "As we continue to make strides in evolving our product assortment, our net revenue comp for the first quarter improved modestly on a sequential quarterly basis by 250 basis points. Strong customer demand for our new and novelty products bolsters our confidence in our reorder pipeline, contributing to positive sales comparisons and favorable margin performance in several of our high-volume categories. In addition, we saw improvement in g Show less Read more
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