LVLU Earnings Prediction
The chart below shows how LVLU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LVLU sees a +2.01% change in stock price 10 days leading up to the earnings, and a -0.05% change 10 days following the report. On the earnings day itself, the stock moves by +1.02%. This data can give you a slight idea of what to expect for the next quarter's release.
LVLU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
80.52M
-3.13%
-12.45%
Gross Margin
38.07%
-5.60%
-16.40%
Operating Margin
-9.03%
53.83%
105.23%
Net Margin
-8.54%
82.48%
-27.26%
EPS
-0.16
-60.00%
-38.46%
No Data Available
LVLU Earnings Analysis
Lulu's Fashion Lounge Holdings, Inc. Common Stock Corporation (LVLU.O) Earnings Conference Call
Positive
Record Growth in Dress Sales: In Q3, we achieved record growth in our special occasion and bridesmaid dress categories, boosting overall dress sales, which returned to positive year-over-year growth in the quarter and affirming our market leadership in event attire.
Bridesmaid Dress Sales Surge: Our special occasion and bridesmaid dress categories delivered outstanding results with net sales growing nearly 40% year-over-year, marking another record quarter.
Quarterly Dress Sales Growth: Total dress sales for the quarter increased by 6% over Q3 2023, reinforcing our position in the market as a dress destination.
Reorder Revenue Surge: New and novelty styles also continued to perform well, increasing reorder revenue for same-year styles by 55% compared to last year's Q3.
Wholesale Revenue Increase: Our wholesale gross revenue increased 28% compared to Q3 last year.
Negative
Net Revenue Decline: Net revenue was $81 million, 3% lower than the prior period, driven by a 3% decrease in total orders placed and a 2% decrease in average order volume, partially offset by reduced return rates.
Adjusted EBITDA Loss: Adjusted EBITDA was a $3.6 million loss compared to $1 million in the prior year period.
Gross Margin Decline: Gross margin decreased 220 basis points in the third quarter versus prior year due to higher markdown sales resulting from our efforts to reset inventory in underperforming categories and accelerate a reset in product assortment.
Increased Net Loss Analysis: Net loss of $6.9 million increased by $3 million year-over-year, primarily due to lower net revenue, a $1 million impact, reduced gross margin rates, a $1.9 million impact, and a $1 million increase in our income tax provision alongside higher selling and marketing costs.
Operating Cash Flow Decline: Net cash used by operating activities was $5.5 million, a decrease of $18.3 million year-over-year.
LVLU FAQs
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LVLU Earning Call Sentiment
Lulu's Fashion Lounge Holdings Inc (LVLU) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LVLU.O
-3.52%Positive
The earnings call reveals significant challenges, including a net loss, declining revenue, and reduced margins, indicating profitability pressures. Despite a stock repurchase program, the company's weak financial performance and withdrawal of full-year guidance suggest uncertainty. The Q&A section highlighted concerns about strategy reevaluation and liquidity, with management providing unclear responses, exacerbating investor concerns. The positive aspect of increased wholesale revenue is overshadowed by broader financial struggles and negative market sentiment, leading to a negative outlook for stock price movement over the next two weeks.
