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Lulu's Fashion Lounge Holdings, Inc. - $LVLU STOCK NEWS

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Rhea-AI Summary
Lulu's Fashion Lounge Holdings, Inc. (Nasdaq: LVLU) announced the appointment of Laura Deady as Chief Merchandising Officer, effective January 15, 2024. Ms. Deady brings significant strategic leadership, trend and financial analysis, fashion direction, and product development experience from her previous roles at Urban Outfitters, Michael Kors, Free People, and Macy’s. Additionally, changes to the Board of Directors include David McCreight transitioning to the role of director at large, and John Black succeeding Mr. McCreight as Chairman of the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
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management
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Rhea-AI Summary
Lulu's Fashion Lounge Holdings, the attainable luxury brand for women, announced the opening of its new retail location in Los Angeles, California. The 6,000 square foot store on Melrose Avenue offers a highly curated selection of must-have separates, dresses, accessories, and going out looks, refreshed weekly. The store aims to deliver an elevated shopping experience, representing the essence of the Lulus brand and featuring Instagrammable vignettes unique to Lulus. The Melrose location will also house the brand's first appointment-only bridal boutique in early 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
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none
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Rhea-AI Summary
LVLU - Lulu’s Fashion Lounge Holdings, Inc. reported a 21% decrease in net revenue for Q3 2023, driven by lower total orders, higher markdowns, and return rates. Despite the decline, net cash provided by operating activities and Free Cash Flow grew by 122% and 150% respectively. The company updated its full-year 2023 financial guidance, expecting net revenue between $350 million and $360 million, and Adjusted EBITDA between $4.5 million and $5.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.55%
Tags
Rhea-AI Summary
Lulu's Fashion Lounge Holdings, Inc. to release third quarter 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.35%
Tags
conferences earnings
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Rhea-AI Summary
Lulu’s Fashion Lounge Holdings, Inc. to attend Goldman Sachs conference and host fireside chat.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
conferences
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Rhea-AI Summary
Lulu's Fashion Lounge Holdings expands Board of Directors and appoints Kelly McCarthy as a new director
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
management
Rhea-AI Summary
Lulu's Fashion Lounge Holdings, Inc. (Nasdaq: LVLU) will attend the BTIG Consumer Technology Conference on August 16, 2023. The company will host virtual 1x1 investor meetings throughout the day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
conferences
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Rhea-AI Summary
Lulu’s Fashion Lounge Holdings, Inc. (Nasdaq: LVLU) reported a 19% decrease in net revenue to $106.1 million for the second quarter of 2023, with a 44.7% gross margin rate, up 300bps from Q1 2023. Despite challenges in consumer demand, the company experienced a 300bps sequential improvement in Gross Margin rate and made progress in generating liquidity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.94%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.59%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
conferences
Lulu's Fashion Lounge Holdings, Inc.

Nasdaq:LVLU

LVLU Rankings

LVLU Stock Data

78.52M
16.78M
6.72%
50.47%
0.59%
Electronic Shopping
Retail Trade
Link
United States of America
CHICO

About LVLU

coveted. curated. collected. lulus is the online destination for chic and on-trend fashion, providing superior customer service, a carefully curated selection, and a personalized shopping experience. based in california and servicing customers worldwide, lulus boasts a fun and casual work environment with an innovative and team-oriented spirit. we are always on the lookout for top talent to join the lulus team, as we continue to build our community and be the top purveyor of chic clothing and affordable luxury.