Highest-materiality recent filing
Lulus Q1'26 net loss improves to $4.1M; gross margin up 480 bps, revenue down 10%
Net revenue $57.5M (down 10% YoY); net loss improved to $4.1M from $8.0M YoY.
Lulus Q4 gross profit +11%, net loss narrows to $0.4M; proposes 94% reduction in authorized shares
Q4 net loss $0.4M vs $31.9M loss a year ago; Adjusted EBITDA $2.6M vs $(3.3)M.
Lulus Q3 net loss narrows to $2.3M; delivers second consecutive positive Adj EBITDA
Net loss of $2.3M improves $4.6M YoY from $6.9M loss in Q3'24.
Lulus Q2 net revenue down 11% to $81.5M; net loss improves, Adj EBITDA turns positive
Q2 net revenue $81.5M, down 11% YoY; net loss narrowed to $3.0M from $10.8M.
Lulus in default; enters forbearance and 1-for-15 reverse stock split to avoid delisting
Reverse stock split 1-for-15 approved, effective July 3, 2025, to regain Nasdaq compliance; shares reduce from 41.5M to 2.8M.
Nasdaq approved transfer from Global to Capital Market effective June 10, 2025; symbol remains LVLU.
Lulus CFO Tiffany Smith resigns effective June 30; CEO Crystal Landsem named interim CFO
CFO Tiffany Smith steps down June 30, 2025 for personal family reasons; not due to any disagreement.
Lulu's Fashion Lounge Receives Nasdaq Notice for Low Stockholders' Equity
Nasdaq notified Lulu's on May 21, 2025 of non-compliance with $10 million minimum stockholders' equity for Global Market.
On May 30, 2025, Tiffany R. Smith notified the Company of her decision to resign as Chief Financial Officer, effective June 30, 2025
the Board has appointed Crystal Landsem to serve as the Company’s Interim Chief Financial Officer, effective as of the Transition Date
Max materiality 0.90 · Median 0.70 · Most common event earnings