---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013918"
form_type: "8-K"
ticker: "LVLU"
cik: "0001780201"
company_name: "Lulu's Fashion Lounge Holdings, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:30:55.622985+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lulus Q2 net loss $2.6M, revenue down 19% YoY; adjusted EBITDA falls 71%

## Summary
- Net loss of $2.6M vs net income $6.0M YoY; diluted EPS ($0.07) vs $0.15.
- Revenue $106.1M, down 19% from Q2 2022; up 2.5% from Q2 2021.
- Gross margin 44.7% (-110bps YoY) but +300bps sequentially from Q1 2023.
- Adjusted EBITDA $4.2M (-71% YoY); operating cash flow improved to $4.6M from -$9.7M.
- Active customers 3.08M (-5% YoY); signed short-term lease for Melrose Ave pop-up store.

## SEC filing metadata
- accession: 0001558370-23-013918
- form_type: 8-K
- ticker: LVLU
- cik: 0001780201
- company_name: Lulu's Fashion Lounge Holdings, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780201/000155837023013918/0001558370-23-013918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780201/000155837023013918/tmb-20230808x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013918
- JSON: https://secwatch.observer/filing/0001558370-23-013918.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013918.txt

## Key facts
- Earnings Releases
  Lulu's Fashion Lounge Holdings, Inc. reported second quarter ended July 2, 2023 results: revenue $106.1 million, net income Net loss of $2.6 million, EPS $(0.07) per diluted share. Guidance initiated.
  - Period: second quarter ended July 2, 2023
  - Revenue: $106.1 million
  - Net income: Net loss of $2.6 million
  - EPS: $(0.07) per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: set forth by specific reference in such a filing. ​ --- EX-99.1 (EX-99.1) --- Lulus Reports Second Quarter 2023 Results and Updates Full Year 2023 Guidance Net Revenue of $106.1 million, down 19% from Second Quarter 2022, up 2.5% from Second Quarter 2021 Significant Sequential Improvement in Gross Margin Rate of 44.7%, up 300bps from First Quarter 2023 ​ CHICO,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780201/000155837023013918/0001558370-23-013918-index.htm

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