Lulus Fashion Lounge Holdings Inc (LVLU) Q3 2024 Earnings Call Highlights: Record Growth in ... [Yahoo! Finance]
Lulu's Fashion Lounge Holdings, Inc. (LVLU)
Company Research
Source: Yahoo! Finance
Lulus Fashion Lounge Holdings Inc ( NASDAQ:LVLU ) achieved record growth in special occasion and bridesmaid dress categories, with net sales growing nearly 40% year over year. Total dress sales increased by 6% over Q3 2023, reinforcing the company's position as a market leader in event attire. The company successfully managed inventory, achieving a 7% reduction in inventory balances over last year, outpacing the 3% net revenue decline. Lulus expanded its wholesale business, with gross revenue increasing 28% compared to Q3 last year, including a strategic collaboration with Dillard's. The company saw positive year-over-year reacquisition of lapsed customers, indicating that brand initiatives are gaining traction. Net revenue decreased by 3% year over year, and adjusted EBITA was a $3.6 million loss compared to a $1 million gain in the prior year period. The separates and shoe business remains challenged, driving the majority of the year-over-year declines in net sales. G
Show less
Read more
Impact Snapshot
Event Time:
LVLU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LVLU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LVLU alerts
High impacting Lulu's Fashion Lounge Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
LVLU
News
- Lulu's Fashion Lounge Holdings, Inc. (NASDAQ: LVLU) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $2.00 price target on the stock.MarketBeat
- Lulus Reports Third Quarter 2024 ResultsGlobeNewswire
- Lulus to Report Third Quarter 2024 Results on November 13, 2024GlobeNewswire
- Steve Madden Claims Scandi Cool Girl Brand Ganni Is ‘Harassing' Retail Partners Over Shoe Designs [Yahoo! Finance]Yahoo! Finance
- Lulus Joins Forces With Dillard’s in Strategic U.S. Wholesale ExpansionGlobeNewswire
LVLU
Earnings
- 11/13/24 - Miss
LVLU
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form 8-K
- 11/13/24 - Form 10-Q
- LVLU's page on the SEC website