Overview

* Lulu's Fashion Lounge Holdings Q2 net revenue falls 11% yr/yr

* Net loss narrows to $3.0 mln from $10.8 mln last year

* Adjusted EBITDA turns positive at $0.5 mln, compared to negative $0.2 mln last year

Outlook

* Lulu's expects positive Adjusted EBITDA in Q3 2025

* Company anticipates full-year 2025 capital expenditures at $2.5 mln

Result Drivers

* OCCASION DRESSES - Positive sales momentum in occasion dresses, especially bridesmaid category, offset by softness in casual wear and footwear, per CEO Crystal Landsem

* COST EFFICIENCY - Co is focusing on cost efficiency and expanding customer base, says CEO Crystal Landsem

* DEBT REDUCTION - Achieved expectations for positive Adjusted EBITDA and reduced total debt by $4.3 mln during the qtr, per CEO Crystal Landsem

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $81.52

Revenue mln

Q2 EPS -$1.08

Q2 Net -$3 mln

Income

Q2 $482,000

Adjusted

EBITDA

Q2 0.6%

Adjusted

EBITDA

Margin

Q2 Gross $36.93

Profit mln

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)