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Lulu's Fashion Lounge Holdings (LVLU)
NASDAQ:LVLU
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.18Last Year’s EPS
-$0.18Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: -31.06%
|Next Earnings Date:Mar 27, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in dress categories and wholesale expansion, but challenges remain in casual wear segments and financial metrics such as revenue and EBITDA. The company is actively working on strategic initiatives to address these issues.Company Guidance
During the third quarter 2024 earnings call for LVLU, the company provided guidance with several key metrics. Net revenue was reported at $81 million, reflecting a 3% decline year-over-year, while adjusted EBITDA showed a loss of $3.6 million compared to a $1 million gain in the previous year. Despite challenges in the casual wear segment, dress sales showed positive trends, with special occasion and bridesmaid categories experiencing nearly 40% growth year-over-year. Inventory levels were managed effectively, showing a 7% reduction compared to a year ago. The company also highlighted a strategic focus on cost reductions, aiming for a 10% to 15% decrease in operating expenses in the second half of 2024, and is actively pursuing alternative debt financing options to enhance liquidity. Looking forward to Q4, LVLU anticipates net revenue between $67.5 million and $70 million, representing a year-over-year decline of 7% to 10%.Record Growth in Special Occasion and Bridesmaid Dress Categories
Net sales in these categories grew nearly 40% year-over-year, marking another record quarter and reinforcing Lulu's brand as a leader in event apparel.
Positive Developments in Inventory Management
Inventory levels decreased by 7% year-over-year, outpacing a 3% net revenue decline, indicating improved inventory management strategies.
Expansion in Wholesale Business
Wholesale gross revenue increased by 28% compared to Q3 last year, supported by partnerships with major retailers like Dillard's.
Strong New Customer Acquisition and Loyalty Growth
New customer acquisition increased by 2% year-over-year, and the Love Rewards membership saw double-digit growth.
International Sales Growth
International sales achieved high double-digit growth for the third consecutive quarter across the top 15 countries outside the U.S.
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LVLU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LVLU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $1.61 | $1.42 | -11.80% |
| Aug 14, 2024 | $1.23 | $1.21 | -1.63% |
| May 08, 2024 | $1.53 | $1.78 | +16.34% |
| Mar 06, 2024 | $2.00 | $1.88 | -6.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lulu's Fashion Lounge Holdings (LVLU) report earnings?
Lulu's Fashion Lounge Holdings (LVLU) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is Lulu's Fashion Lounge Holdings (LVLU) earnings time?
Lulu's Fashion Lounge Holdings (LVLU) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LVLU EPS forecast?
LVLU EPS forecast for the fiscal quarter 2024 (Q4) is -$0.18.
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