Lulu's Fashion Lounge Holdings, Inc. (LVLU) Misses Q3 EPS by 7c

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Lulu’s Fashion Lounge Holdings (LVLU) Reports Q3, Updates 2022 Guidance

November 15, 2022 4:11 PM EST

Lulus Fashion Lounge Holdings, Inc. (Nasdaq: LVLU) today reported financial results for the third quarter ended October 2, 2022, and updated guidance for full year 2022.

David McCreight, CEO of Lulus, said:

In the third quarter of 2022, we saw gains in several operational and customer metrics, including a record number of repeat customers transacting with us, as well as healthy year-over-year growth in Active Customers and Average Order Value signaling that our brand is resonating with our customers. Like many in the industry, we saw lower net revenue growth from macroeconomic... More