{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007331","form_type":"8-K","ticker":"LVLU","cik":"0001780201","company_name":"Lulu's Fashion Lounge Holdings, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.056566+00:00","generated_at":"2026-06-02T12:09:50.667432+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lulus Q1 net revenue $77.3M (-15% YoY); net loss $5.7M; authorizes $2.5M buyback","bullets":["Net revenue of $77.3M, down 15% YoY; gross margin improved 60 bps to 42.3%.","Net loss of $5.7M ($0.15 diluted loss per share) vs $5.6M loss in prior year.","Adjusted EBITDA of -$2.7M, down from $16K positive in prior year.","Free Cash Flow improved 127% to $6.0M; total debt reduced 70% to $6M.","Board authorized $2.5M stock repurchase program; CEO cites undervaluation."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007331","json":"https://secwatch.observer/filing/0001558370-24-007331.json","markdown":"https://secwatch.observer/filing/0001558370-24-007331.md","text":"https://secwatch.observer/filing/0001558370-24-007331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1780201/000155837024007331/0001558370-24-007331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1780201/000155837024007331/tmb-20240508x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T12:09:50.667432+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":"3caa194d2dddf0a53efe806349ceb419d7a35d32","claim":"Lulu's Fashion Lounge Holdings, Inc. reported the first quarter ended March 31, 2024 results: revenue $77.3 million, net income Net loss of $5.7 million, EPS $(0.15).","evidence_excerpt":"our opportunities to return to growth as we continue to build upon our operational efficiency, innovation, and product offering.\" First Quarter 2024 Highlights: ● Net revenue of $77.3 million, a decrease of 15% compared to $91.0 million in the same period last year, driven by a 17% decrease in Total Orders Placed with higher return rates, offset by higher Average","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1780201/000155837024007331/0001558370-24-007331-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$77.3 million"},{"label":"Net income","value":"Net loss of $5.7 million"},{"label":"EPS","value":"$(0.15)"},{"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"}