Filing Flows › Lulu's Fashion Lounge Holdings (LVLU) › Q4 2024
Lulu's Fashion Lounge Holdings (LVLU) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 27, 2025
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $66.1M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and -18% from the quarter before. Operating margin was -52.8%, net loss $31.9M (48.2% of revenue).
Lulu's Fashion Lounge Holdings, Q4 2024: revenue $66.1M (-12% year over year), operating margin -52.8%, net loss $31.9M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $66.1M | -18% | -12% |
| Operating profit | −$34.9M | — | — |
| Net earnings | −$31.9M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $66.1M in Q4 2024, down 12% year over year and down 18% from the previous quarter.
Gross margin was 37.9%, down 1.2 points from a year earlier. Operating costs exceeded revenue by $34.9M, an operating margin of -52.8%. Operating expenses grew 62% against a revenue fall of 12%. The quarter ended with a net loss of $31.9M, wider than the previous quarter's $6.9M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $1.4M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $26.0M. Capital expenditures of $29K exceeded it, leaving free cash flow of −$2.6M.
Questions
What was Lulu's Fashion Lounge Holdings' revenue in the fourth quarter 2024?
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $66.1M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and -18% from the quarter before.
Was Lulu's Fashion Lounge Holdings profitable in the fourth quarter 2024?
Operating loss was $34.9M (-52.8% of revenue) and net loss $31.9M.