secwatch.observer — SEC 8-K summary
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Issuer:     Lulu's Fashion Lounge Holdings, Inc. (LVLU)
CIK:        0001780201
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001558370-23-013918
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1780201/000155837023013918/0001558370-23-013918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1780201/000155837023013918/tmb-20230808x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-013918

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer