Lulus Q4 revenue up 78% YoY to $96.8M; FY2022 guidance $480-490M (28-30% growth)

Lulu's Fashion Lounge Holdings, Inc.

Q4 net revenue $96.8M (+78% YoY); gross margin 44.9% (+200bps); adjusted EBITDA $6.4M vs. -$0.1M.
FY2021 net revenue $376M (+51% YoY); active customers 2.76M (+38%); AOV $121 (+22%).
FY2022 net revenue outlook $480-490M, representing 28%-30% growth over 2021.
Director Kira Yugay appointed, replacing Tom Belatti; effective March 30, 2022.
Annual meeting set for June 14, 2022; proxy deadline April 10, 2022.

item 2.02 item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Kira Yugay

Class I Director

LVLU · Lulu's Fashion Lounge Holdings, Inc.

Effective: 2022-03-30
Filed: March 31, 2022, 7:59 PM ET

On March 30, 2022, the Board appointed Kira Yugay as a Class I director of the Company, effective as of the Effective Date.

Departed

Thomas Belatti

Class I Director

LVLU · Lulu's Fashion Lounge Holdings, Inc.

Effective: 2022-03-30
Successor: Kira Yugay
Filed: March 31, 2022, 7:59 PM ET

On March 29, 2022, Thomas Belatti tendered his resignation as a Class I director of the Board of Directors (the “Board”) of the Company, effective on March 30, 2022 (the “Effective Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kira Yugay was appointed as Class I Director at Lulu's Fashion Lounge Holdings, Inc..

Action: appointed
Role: Class I Director

Exact text from the filing

On March 30, 2022, the Board appointed Kira Yugay as a Class I director of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Belatti resigned as Class I Director at Lulu's Fashion Lounge Holdings, Inc..

Action: resigned
Role: Class I Director

Exact text from the filing

On March 29, 2022, Thomas Belatti tendered his resignation as a Class I director of the Board of Directors (the “Board”) of the Company, effective on March 30, 2022 (the “Effective Date”).

View on SEC.gov

Lulu's Fashion Lounge Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-091772

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