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Companies $LVLU
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Lulu's Fashion Lounge Holdings Inc logo

Lulu's Fashion Lounge Holdings Inc

investors.lulus.com

What Do They Do?

Sells modern, feminine women’s clothing for Gen Z and Millennial shoppers, primarily through its digital storefront, with wholesale offerings through retailers.

How Do They Make Money?

Customers typically pay when they place an order, and the company gets paid for merchandise when it ships. Gift cards and store credits bring in revenue when customers redeem them.

FY2025 revenue

Who Are Their Customers?

Gen Z and Millennial women buy mainly through Lulus’ website and mobile app, with personalized shopping and customer assistance. Department stores and other retailers also sell Lulus merchandise to shoppers.

Do Revenues Turn Into Profits?

Not on paper. It lost $13.7M in FY2025, but brought in more cash than it spent: $1M of free cash flow.

Operating income, FY2025
−4% of revenue
▼ −76% (Loss) vs FY2024 (−$52.4M, −17%)
Net income, FY2025
−5% of revenue
▼ −75% (Loss) vs FY2024 (−$55.3M, −18%)
Free cash flow, FY2025
0% of revenue
▼ −21% vs FY2024 ($1.3M, 0%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 28, 2026
Revenue
▼ −17%
vs $81.5M in Q2 FY2025
Net income
▼ −50% (Loss)
vs −$3M in Q2 FY2025
  • Aug 6, 2026 Lulus regained compliance with Nasdaq listing requirements It met an alternative market-value standard for ten consecutive business days.
  • Jul 14, 2026 Lulus began a review of strategic alternatives A board committee is evaluating possible transactions and the company’s standalone plan.

Growing. Revenue grew 14% in 4 years, from $248.7M in FY2020 to $282.3M in FY2025, about 3% a year.

Wholesale partnerships The latest report describes wholesale collaborations and channel expansion as a growth strategy, including partnerships with department stores and other retailers; the older report discussed exploring physical retail opportunities and partnerships.

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