Lulu's Fashion Lounge Holdings, Inc.LVLUEarnings & Financial Report
Lulu's Fashion Lounge Holdings, Inc. is a direct-to-consumer women's fashion retailer offering affordable, trendy apparel, footwear, and accessories. It primarily serves Gen Z and millennial consumers across North America, operating mainly via its e-commerce platform, with limited pop-up physical locations to boost customer engagement.
LVLU Q4 FY2024 Key Financial Metrics
Revenue
$66.1M
Gross Profit
$25.1M
Operating Profit
$-34.9M
Net Profit
$-31.9M
Gross Margin
37.9%
Operating Margin
-52.8%
Net Margin
-48.2%
YoY Growth
-11.8%
EPS
$-13.46
Lulu's Fashion Lounge Holdings, Inc. Q4 FY2024 Financial Summary
Lulu's Fashion Lounge Holdings, Inc. reported revenue of $66.1M (down 11.8% YoY) for Q4 FY2024, with a net profit of $-31.9M (down 340.9% YoY) (-48.2% margin). Cost of goods sold was $41.1M, operating expenses totaled $60.0M.
Key Financial Metrics
| Total Revenue | $66.1M |
|---|---|
| Net Profit | $-31.9M |
| Gross Margin | 37.9% |
| Operating Margin | -52.8% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
Lulu's Fashion Lounge Holdings, Inc. Q4 FY2024 revenue of $66.1M breaks down across 3 segments, led by Single Reportable Segment at $63.0M (95.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Single Reportable Segment | $63.0M | 95.3% |
| Other | $2.4M | 3.6% |
| Stored Value Cards | $750.0K | 1.1% |
Lulu's Fashion Lounge Holdings, Inc. Revenue by Segment — Quarterly Trend
Lulu's Fashion Lounge Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Single Reportable Segment and Other) has evolved quarter over quarter.
| Segment | Q4 FY2024 | Q3 FY2024 | Q2 FY2024 | Q1 FY2024 |
|---|---|---|---|---|
| Single Reportable Segment | $63.0M | $73.6M | $81.5M | $64.2M |
| Other | $2.4M | $5.6M | $9.4M | $11.2M |
| Stored Value Cards | $750.0K | $1.3M | $1.0M | $2.0M |
Lulu's Fashion Lounge Holdings, Inc. Annual Revenue by Year
Lulu's Fashion Lounge Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $315.9M).
| Year | Annual Revenue | |
|---|---|---|
| 2024 | $315.9M | — |
| 2023 | $355.2M | — |
| 2022 | $439.7M | — |
Lulu's Fashion Lounge Holdings, Inc. Quarterly Revenue & Net Profit History
Lulu's Fashion Lounge Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2024 | $66.1M | -11.8% | $-31.9M | -48.2% |
| Q3 FY2024 | $80.5M | -3.1% | $-6.9M | -8.5% |
| Q2 FY2024 | $92.0M | -13.3% | $-10.8M | -11.7% |
| Q1 FY2024 | $77.3M | -15.1% | $-5.7M | -7.4% |
| Q4 FY2023 | $75.0M | -17.6% | $-7.2M | -9.6% |
| Q3 FY2023 | $83.1M | -21.0% | $-3.9M | -4.7% |
| Q2 FY2023 | $106.1M | -19.3% | $-2.6M | -2.4% |
| Q1 FY2023 | $91.0M | -18.7% | $-5.6M | -6.2% |
Income Statement
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $91.0M | $106.1M | $83.1M | $75.0M | $77.3M | $92.0M | $80.5M | $66.1M |
| YoY Growth | -18.7% | -19.3% | -21.0% | -17.6% | -15.1% | -13.3% | -3.1% | -11.8% |
Balance Sheet
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $179.6M | $164.7M | $167.4M | $149.4M | $160.6M | $145.3M | $153.5M | $108.2M |
| Liabilities | $115.8M | $100.0M | $102.6M | $88.5M | $102.9M | $96.5M | $109.8M | $94.8M |
| Equity | $63.8M | $64.7M | $64.7M | $61.0M | $57.7M | $48.7M | $43.8M | $13.4M |
Cash Flow
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.7M | $4.6M | $12.7M | $-5.7M | $6.9M | $3.7M | $-5.5M | $-2.5M |