Lulu’s Fashion Lounge (NASDAQ:LVLU) Posts Earnings Results, Beats Expectations By $0.13 EPS

Lulu’s Fashion Lounge (NASDAQ:LVLU) announced its quarterly earnings results on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.13, Zacks reports. The business had revenue of $66.15 million during the quarter, compared to analyst estimates of $68.43 million. Lulu’s Fashion Lounge had a negative return on equity of 58.04% and a negative net margin of 9.44%. Lulu’s Fashion Lounge updated its FY 2025 guidance to EPS.

Lulu’s Fashion Lounge Stock Performance

Shares of NASDAQ LVLU opened at $0.42 on Friday. The business has a fifty day moving average of $0.71 and a two-hundred day moving average of $1.12. Lulu’s Fashion Lounge has a 52-week low of $0.41 and a 52-week high of $1.99. The stock has a market cap of $17.82 million, a PE ratio of -0.57 and a beta of 0.22.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reduced their target price on Lulu’s Fashion Lounge from $2.00 to $1.00 and set a “market perform” rating for the company in a report on Friday.

Lulu’s Fashion Lounge Company Profile

Lulu’s Fashion Lounge Holdings, Inc engages in providing an online website for clothing. It offers retailing of women’s clothing, shoes, and accessories. The company was founded in 1996 and is headquartered in Chico, CA.