earnings
confidence high
sentiment negative
materiality 0.78
Lulus Q1 net revenue down 17% to $64.2M; net loss $8.0M; withdraws FY2025 guidance
Lulu's Fashion Lounge Holdings, Inc.
2025-Q1 EPS
reported -$0.19
vs consensus -$1.53
▲ beat
(+87.6%)
- Net revenue $64.2M, down 17% YoY; Total Orders Placed fell 17%, AOV down 5% to $136.
- Net loss of $8.0M vs. $5.7M loss in Q1'24; Adjusted EBITDA loss of $4.7M (vs. $2.7M loss).
- Active Customers decreased 8% to 2.6M; Gross margin contracted 200 bps to 40.3%.
- Operating cash flow improved to $8.3M (from $6.9M); Free Cash Flow $7.8M (from $6.0M).
- Total debt reduced by $3.0M to $10.0M; Net debt down $7.2M to $1.5M; FY2025 outlook withdrawn.