{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-008797","form_type":"8-K","ticker":"LVLU","cik":"0001780201","company_name":"Lulu's Fashion Lounge Holdings, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.526269+00:00","generated_at":"2026-06-15T09:43:42.755645+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lulus Q1 revenue down 19% YoY to $91M; net loss $5.6M vs $2.0M income last year","bullets":["Net revenue $91.0M, down 19% YoY; gross margin fell 560 bps to 41.7%.","Net loss of $5.6M vs net income $2.0M in Q1 2022; Adjusted EBITDA near zero at $16K.","Active customers grew 6% to 3.2M; AOV slipped 3% to $129 due to higher promotions.","Full-year 2023 guidance reaffirmed; net cash from operations was $3.7M.","CEO cited difficult comp vs 62% revenue growth in Q1 2022 and ongoing macro pressures."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-008797","json":"https://secwatch.observer/filing/0001558370-23-008797.json","markdown":"https://secwatch.observer/filing/0001558370-23-008797.md","text":"https://secwatch.observer/filing/0001558370-23-008797.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1780201/000155837023008797/0001558370-23-008797-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1780201/000155837023008797/tmb-20230509x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:43:42.755645+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1c7495e9236ef4c7eb4af72005fd37fe45749737","claim":"Lulu's Fashion Lounge Holdings, Inc. reported first quarter ended April 2, 2023 results: revenue $91.0 million, net income Net loss of $5.6 million, EPS $(0.14) per diluted share. Guidance reaffirmed.","evidence_excerpt":"Lulus Reports First Quarter 2023 Results and Reaffirms Full Year 2023 Guidance Net Revenue of $91 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1780201/000155837023008797/0001558370-23-008797-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"Revenue","value":"$91.0 million"},{"label":"Net income","value":"Net loss of $5.6 million"},{"label":"EPS","value":"$(0.14) per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}