Lulu’s Fashion Lounge Holdings Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Lulu’s Fashion Lounge Holdings (NASDAQ:LVLU) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$80.5m (down 3.1% from 3Q 2023).
• Net loss: US$6.88m (loss widened by 77% from 3Q 2023).
• US$0.17 loss per share (further deteriorated from US$0.097 loss in 3Q 2023).

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

Lulu’s Fashion Lounge Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company’s shares are down 12% from a week ago.

Risk Analysis

It’s still necessary to consider the ever-present spectre of investment risk. We’ve identified 4 warning signs with Lulu’s Fashion Lounge Holdings, and understanding these should be part of your investment process.

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