Lulu's Fashion Lounge Holdings Second Quarter 2024 Earnings: US$0.26 loss per share (vs US$0.065 loss in 2Q 2023)

Lulu's Fashion Lounge Holdings (NASDAQ:LVLU) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$92.0m (down 13% from 2Q 2023).
• Net loss: US$10.8m (loss widened by 316% from 2Q 2023).
• US$0.26 loss per share (further deteriorated from US$0.065 loss in 2Q 2023).

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

Lulu's Fashion Lounge Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are up 2.6% 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 them should be part of your investment process.

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