---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-003708"
form_type: "8-K"
ticker: "LVLU"
cik: "0001780201"
company_name: "Lulu's Fashion Lounge Holdings, Inc."
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T03:37:36.550156+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lulus posts record FY2022 revenue $440M (+17% YoY), net income up 82% but adjusted EBITDA falls 30%

## Summary
- Full year net revenue $439.7M, up 17% YoY; Active Customers grew 17% to 3.2 million.
- Net income $3.7M ($0.10 diluted EPS), up 82% from $2.0M; prior year diluted EPS not meaningful.
- Gross margin 43.5%, down 360 bps from 47.1% due to higher promotions and shipping costs.
- Adjusted EBITDA $29.1M, down 30% from $41.4M despite revenue growth.
- Interest expense decreased 91% to ~$1.2M after repaying high-cost term loan with IPO proceeds.

## SEC filing metadata
- accession: 0001558370-23-003708
- form_type: 8-K
- ticker: LVLU
- cik: 0001780201
- company_name: Lulu's Fashion Lounge Holdings, Inc.
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780201/000155837023003708/0001558370-23-003708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780201/000155837023003708/tmb-20230314x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-003708
- JSON: https://secwatch.observer/filing/0001558370-23-003708.json
- Plain text: https://secwatch.observer/filing/0001558370-23-003708.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.