Overview
Lulu's Fashion Lounge Holdings Q2 net revenue falls 11% yr/yr
Net loss narrows to $3.0 mln from $10.8 mln last year
Adjusted EBITDA turns positive at $0.5 mln, compared to negative $0.2 mln last year
Outlook
Lulu's expects positive Adjusted EBITDA in Q3 2025
Company anticipates full-year 2025 capital expenditures at $2.5 mln
Result Drivers
OCCASION DRESSES - Positive sales momentum in occasion dresses, especially bridesmaid category, offset by softness in casual wear and footwear, per CEO Crystal Landsem
COST EFFICIENCY - Co is focusing on cost efficiency and expanding customer base, says CEO Crystal Landsem
DEBT REDUCTION - Achieved expectations for positive Adjusted EBITDA and reduced total debt by $4.3 mln during the qtr, per CEO Crystal Landsem
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $81.52 mln |
|
Q2 EPS |
| -$1.08 |
|
Q2 Net Income |
| -$3 mln |
|
Q2 Adjusted EBITDA |
| $482,000 |
|
Q2 Adjusted EBITDA Margin |
| 0.6% |
|
Q2 Gross Profit |
| $36.93 mln |
|
Press Release: ID:nGNX2KWrJs