{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-002602","form_type":"8-K","ticker":"LVLU","cik":"0001780201","company_name":"Lulu's Fashion Lounge Holdings, Inc.","filed_at":"2024-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.495503+00:00","generated_at":"2026-06-05T02:48:42.351151+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 reports FY2023 net loss of $19.3M; revenue declines 19% YoY","bullets":["Net loss $19.3M vs net income $3.7M in FY2022; diluted EPS loss $0.48.","Revenue $355.2M, down 19% YoY; active customers fell 12% to 2.8M.","Gross margin contracted 180bps to 41.7%; adjusted EBITDA $3.2M, down 89% YoY.","Free cash flow improved to $11.5M from $1.2M; repaid $17M on revolver, debt at $8M.","CEO cites sequential revenue momentum in late 2023 and early 2024 as positive."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-002602","json":"https://secwatch.observer/filing/0001558370-24-002602.json","markdown":"https://secwatch.observer/filing/0001558370-24-002602.md","text":"https://secwatch.observer/filing/0001558370-24-002602.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1780201/000155837024002602/0001558370-24-002602-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1780201/000155837024002602/tmb-20240306x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:48:42.351151+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":"418a3d719949a60bcb828f39450495e578f2c45b","claim":"Lulu's Fashion Lounge Holdings, Inc. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue $355,175, net income $(19,334), EPS $(0.48).","evidence_excerpt":"​ ​ ​ ​ ​ ​ ​ Fiscal Years Ended ​ December 31, 2023 ​ ​ January 1, 2023 ​ ​ YoY Change ​ ​ ​ (52 weeks) ​ (52 weeks) ​ ​ ​ ​ ​ (In thousands, except percentages) Net revenue ​ $ 355,175 ​ ​ $ 439,652 ​ ​ (19) % Gross profit ​ $ 148,226 ​ ​ $ 191,446 ​ ​ (23) % Gross Margin* ​ ​ 41.7 % ​ ​ 43.5 % ​ (180) bps Net income (loss) ​ $ (19,334) ​ ​ $ 3,725 ​ ​ NM ​","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1780201/000155837024002602/0001558370-24-002602-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$355,175"},{"label":"Net income","value":"$(19,334)"},{"label":"EPS","value":"$(0.48)"},{"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"}