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Lulu’s Fashion Lounge Holdings, Inc. (LVLU) Stock on a Precipitous Rise, Here’s Why

Lulu’s Fashion Lounge Holdings, Inc. (LVLU), a retailer of women’s shoes, clothing and accessories, closed Thursday’s regular trading session at $6.78 after soaring 9.18% during the day. LVLU stock has built upon that performance, as it has surged 19.62% in the premarket trading session and consequently was trading at $8.11 when last checked. The tremendous increase in stock price could be attributed to the announcement of financial results.

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Q4 & FY 2021 Results

On Thursday, after the closure of the market, LVLU announced the financial results for Q4 and FY 2021. The net revenue for the quarter was $96.7 million compared to $54.5 million during the same quarter of the preceding year. The comprehensive loss suffered during Q4 2021 was $8.7 million compared to $4.1 million during Q4 2020. During FY 2021, the company generated net revenue of $375.6 million versus $248.6 million during FY 2020. The comprehensive income generated during 2021 was $2.04 million versus a comprehensive loss of $19.3 million for 2020.

FY 2022 Outlook

Alongside, LVLU also reported the outlook for the full year 2022. The company expected a net revenue between $480 and $490 million during FY 2022. The adjusted EBITDA is expected to remain in the range of $48.5 million to $50 million, while the adjusted EBITDA margin is expected to remain between 10.1% and 10.2%. The capital expenditures are expected to remain between $5 and $7 million during FY 2022.

Comments from LVLY CEO

David McCreight, CEO of LVLU, stated that the excellent quarterly results had been made possible due to the completion of the initial public offering as well as full payment of the term loan. That in turn provided the company with a very strong balance sheet. The company is excited about the future investments for making the dream of continual growth a reality.

What’s in Store for LVLU?

Looking ahead, analysts are of the view that LVLU stock holds several negative technical signals at the moment. Hence, it is expected to perform weakly in the next couple of weeks. Therefore investors should take careful decisions regarding investment in LVLU stock.


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