Lulu's Sees Prelim. Q2 Net Revenue $104.5M-$106M vs $116.58M Est.
Portfolio Pulse from Bill Haddad
Lulu's has announced preliminary Q2 net revenue of $104.5M-$106M, which is lower than the estimated $116.58M.
July 25, 2023 | 12:11 pm
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NEGATIVE IMPACT
Lulu's lower than expected Q2 net revenue could negatively impact its stock price.
Companies that report lower than expected revenues often see a negative impact on their stock price as investors may interpret this as a sign of poor performance or future profitability. In this case, Lulu's Q2 net revenue is significantly lower than the estimated $116.58M, which could lead to a decrease in investor confidence and a subsequent drop in LVLU's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100