Lulu's Fashion Lounge Holdings (NASDAQ:LVLU) First Quarter 2024 Results

Key Financial Results

• Revenue: US$77.3m (down 15% from 1Q 2023).

• Net loss: US$5.74m (loss widened by 2.1% from 1Q 2023).

• US$0.14 loss per share (further deteriorated from US$0.14 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lulu's Fashion Lounge Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 114%.

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are up 11% from a week ago.

Risk Analysis

Be aware that Lulu's Fashion Lounge Holdings is showing 4 warning signs in our investment analysis that you should know about...

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