Lulu’s Fashion Lounge (LVLU) reported earnings on Tue 15 Nov 22 (a/h)

 ** charts before earnings **

** charts after earnings **

 

Lulu's Fashion Lounge promotes CFO Crystal Landsem to become new CEO, effective March 6

• Co announces that CFO Crystal Landsem has been named CEO, effective March 6, 2023.
• David McCreight, currently CEO, will become Executive Chairman of the Board, also effective March 6, 2023.
• Co plans to announce its new CFO in early 2023.

Third Quarter 2022 Highlights:

Net revenue of $105.3 million, a 1.0% decrease compared to the same period last year, driven by a 1% decrease in Total Orders Placed with higher return rates offset by higher Average Order Value (“AOV”), net of promotions and discounts.

Active Customers of 3.2 million, a 29.2% increase compared to the same period last year.

AOV of $133, an increase of 6.4% compared to the same period last year.

Gross Margin decreased 560 basis points to 42.1% and gross profit decreased 12.7%, in each case compared to the same period last year.

Earnings this week : Nov 14 - 18, 22 (wk 46)

Monday (Nov 14)

• Morning:  MASS ACM YOU CGEN XRAY MNDY OTLY TWKS TSEM TSN
• Afternoon: AZTA DLO HLLY JJSF  NU SHLS  VLTA VVV

Tuesday (Nov 15)

• Morning: ARMK BERY DAVA ENR AQUA HD HUYA DNUT SE TME WKME WMT
• Afternoon:  AAP  LVLU  VREX

Wednesday (Nov 16)

• Morning:  LOW ONON SR TGT TJX
• Afternoon:  BBWI CSCO CPA CPRT GLBE HP HI KLIC NVDA SONO

Thursday (Nov 17)

• Morning: BABA BJ BRC BV CAMT CLBT DOLE KSS M NTES NJR WB
• Afternoon:  AMAT BRBR DLB ESE FTCH GPS GLOB KEYS PANW POST ROST STNE UGI WSM WWD

Friday (Nov 18)  

• Morning:  ATKR BKE FL  JD SPB TWST

-=Lulu’s Fashion Lounge (LVLU) reported earnings on Tue 17 May 22 (a/h)

 ** charts after earnings **

CHICO, Calif., May 17, 2022 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (Nasdaq: LVLU) today reported financial results for the first quarter ended April 3, 2022.

First Quarter 2022 Highlights:

Net revenue up 62%, compared to the same period last year.

Gross Margin increased 220 basis points to 47.3% while gross profit increased 70%, in each case compared to the same period last year.

Net income of $2.0 million, a $3.4 million increase compared to the same period last year.

Adjusted EBITDA of $9.9 million, an 84% increase compared to the same period last year.

Our strong cash flow model and balance sheet enabled us to pay down $10 million (40%) of our revolving line of credit during the quarter; resulting in a net cash position of $4.4 million, comprised of $19.4 million of cash partially offset by $15.0 million of borrowings on our revolving line of credit.

Net cash from operating activities amounted to $20.2 million for the quarter ended April 3, 2022, an increase of 22% compared to the same period last year.

Earnings this week : May 16 - 20, 22 (wk 20)

Monday (May 16)

• Morning:  YOU CGEN MNDY TSEM WRBY WEBR WIX
• Afternoon: AUTO  CCSI GAN GLBE SHLS SSYS TTWO TME

Tuesday (May 17)

• Morning: AER HD HUYA IHS JD ONON RSKD SE WMT
• Afternoon:  AGYS DLO DOCS KEYS LVLU NXGN

Wednesday (May 18)

• Morning:  ADI DOYU DT LOW TGT TJX TGI
• Afternoon:  BBWI CSCO CPRT GDS SNPS

Thursday (May 19)

• Morning: WMS BJ CAE GOOS EXP KSS LSPD MNRO VIPS
• Afternoon:  AINV AMAT DECK FLO GLOB PANW ROST VFC

Friday (May 20)  

• Morning:  BAH DE FL