---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-018259"
form_type: "8-K"
ticker: "LVLU"
cik: "0001780201"
company_name: "Lulu's Fashion Lounge Holdings, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:59:05.262583+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lulus Q3 net revenue down 21% to $83.1M; net loss of $3.9M vs prior year profit; guidance updated

## Summary
- Net revenue $83.1M, down 21% YoY; net loss $3.9M vs net income $0.9M in Q3 2022; diluted EPS $(0.10).
- Adjusted EBITDA $1.0M, down 82% from $5.4M; gross margin 40.3%, down 180 bps YoY.
- Active customers fell 8% to 2.96M; Average Order Value flat at $133.
- Operating cash flow $12.7M (+122% YoY); free cash flow $11.6M (+150% YoY); net cash position $1.9M.
- Full-year 2023 financial guidance updated; specifics not fully disclosed in excerpt.

## SEC filing metadata
- accession: 0001558370-23-018259
- form_type: 8-K
- ticker: LVLU
- cik: 0001780201
- company_name: Lulu's Fashion Lounge Holdings, Inc.
- filed_at: 2023-11-08T23:59:59+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/1780201/000155837023018259/0001558370-23-018259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780201/000155837023018259/tmb-20231108x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-018259
- JSON: https://secwatch.observer/filing/0001558370-23-018259.json
- Plain text: https://secwatch.observer/filing/0001558370-23-018259.txt

## Key facts
- Earnings Releases
  Lulu's Fashion Lounge Holdings, Inc. reported third quarter ended October 1, 2023 results: revenue $83.1 million, net income Net loss of $3.9 million, EPS $(0.10) per diluted share. Guidance reaffirmed.
  - Period: third quarter ended October 1, 2023
  - Revenue: $83.1 million
  - Net income: Net loss of $3.9 million
  - EPS: $(0.10) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: set forth by specific reference in such a filing. ​ --- EX-99.1 (EX-99.1) --- Lulus Reports Third Quarter 2023 Results and Updates Full Year 2023 Guidance Net Revenue of $83.1 million, down 21% from Third Quarter 2022 Grew Net Cash Provided by Operating Activities and Free Cash Flow by 122% and 150%, respectively, from Third Quarter 2022 ​ CHICO, Calif.,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780201/000155837023018259/0001558370-23-018259-index.htm

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