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Stock impact report

Lulus Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]

Lulu's Fashion Lounge Holdings, Inc. (LVLU) 
Company Research Source: Yahoo! Finance
Grew Fiscal Year 2023 Net Cash Provided by Operating Activities by 149%, $9.2 million from Fiscal Year 2022 Grew Fiscal Year 2023 Free Cash Flow by 867%, $10.3 million from Fiscal Year 2022 CHICO, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Lulu's Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. Crystal Landsem, CEO of Lulus, said: "We continue to be focused on delivering on our core strategic pillars of improving Lulus brand awareness and broadening our reach and customer touchpoints, and are encouraged by the sequential upward revenue momentum building at the end of 2023 and into the first two months of 2024. Strong customer demand for our new and novelty products, resulting in positive sales in several of our high-volume categories, further strengthens our future reorder product funnel. In addition, our inventory levels were in line with sales in Q4, refle Show less Read more
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