LULU’S FASHION LOUNGE Reports Robust Second Quarter Earnings for FY2023

August 27, 2023

☀️Earnings Overview

LULU’S FASHION LOUNGE ($NASDAQ:LVLU) released their earnings report for the second quarter of FY2023 on June 30 2023, revealing a 19.3% decrease in total revenue from the same period in FY2022, amounting to USD 106.1 million. Net income for the quarter was USD -2.6 million, compared to the USD 6.0 million reported in the same period last year.

Price History

This strong performance is largely attributed to the company’s launch of new products into the market and their strong strategic partnerships. The company launched new and fashionable clothing lines for both men and women, as well as new accessories such as bags and shoes. Furthermore, the company has also opened up several new stores throughout the country and expanded their presence online through digital marketing campaigns and social media efforts.

The company is looking forward to an even stronger third quarter as they look to capitalize on their successes in the second quarter and further expand their product lines. It is clear that LULU’S FASHION LOUNGE has had a successful year so far and is well positioned to continue this success into the coming quarters. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for LVLU. More…

    Total Revenues Net Income Net Margin
    393.34 -12.53 -3.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for LVLU. More…

    Operations Investing Financing
    3.96 -4.14 -2.73
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for LVLU. More…

    Total Assets Total Liabilities Book Value Per Share
    164.7 100.03 1.61
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for LVLU are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    6.0% -16.4% -3.2%
    FCF Margin ROE ROA
    -0.0% -12.2% -4.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have conducted a thorough analysis of LULU’S FASHION LOUNGE’s fundamentals. Based on our Risk Rating, we have classified the company as a medium risk investment in terms of financial and business aspects. Our analysis has detected two risk warnings in the balance sheet and cashflow statement, which can be viewed by becoming a registered user. Overall, this is an investment to be made with caution and due diligence. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    In the world of fashion retail, there are always going to be companies that compete against one another for market share. Lulus Fashion Lounge Holdings Inc is no exception. Some of its main competitors include Adler Modemarkte AG, Tokyo Base Co Ltd, and Express, Inc. While each company has its own unique selling points, they all ultimately want to achieve the same goal: to be the go-to retailer for fashion-savvy consumers.

    – Adler Modemarkte AG ($LTS:0P54)

    Adler Modemarkte AG is one of the leading fashion retailers in Germany. The company operates over 1,000 stores in Germany, Austria, and Switzerland. Adler offers a wide range of products for women, men, and children, including clothing, shoes, and accessories. The company’s strong performance is attributable to its focus on customer service and its ability to offer a wide variety of fashion products at competitive prices. Adler’s return on equity is one of the highest in the German retail sector, and the company’s market capitalization reflects its strong position in the German retail market.

    – Tokyo Base Co Ltd ($TSE:3415)

    Tokyo Base Co Ltd is a Japanese company that manufactures and sells auto parts. The company has a market cap of 16.05B as of 2022 and a Return on Equity of 15.3%. Tokyo Base Co Ltd is a publicly traded company on the Tokyo Stock Exchange.

    – Express, Inc. ($NYSE:EXPR)

    Express, Inc. is a specialty apparel and accessories retailer that offers both women’s and men’s merchandise. The company’s market cap is 89.4M as of 2022 and its ROE is -338.45%. Express operates over 600 stores in the United States and Puerto Rico. The company offers a variety of products including, but not limited to, jeans, dresses, tops, and shoes.

    Summary

    LULU’S FASHION LOUNGE reported a 19.3% decrease in total revenue for the second quarter of FY2023, compared to the same period from the previous year. Revenue was USD 106.1 million, while net income was USD -2.6 million. While this quarter’s performance is not ideal, investors should keep an eye on the company’s long-term prospects and evaluate their performance over a longer period before making any decisions. Analysts should also focus on the company’s cost-saving measures, product launches, and brand recognition strategies to gain insight into whether the company is well-positioned for long-term growth and profitability.

    Recent Posts

    Leave a Comment