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Lulu's Fashion Lounge Preliminary Q2 Revenue Of $90.5M-$91.5M Vs $102.82M Est.

Author: Benzinga Newsdesk | August 01, 2024 04:50pm

Preliminary Second Quarter 2024 Highlights:

Net revenue is expected to be between approximately $90.5 million to $91.5 million, representing a decline of approximately 14.7% to 13.8% compared to the same period last year.
Adjusted EBITDA is expected to be between approximately ($0.9) million to ($0.2) million compared to $4.2 million in the same period last year.
A pre-tax loss of between approximately $5.2 million to $4.5 million is expected, compared to $1.7 million in the same period last year. Pre-tax loss estimates are provided as we have not completed our standard review of our quarterly income tax provision.

Posted In: LVLU