Lulus Fashion Lounge Q3 EPS $(0.10) Misses $(0.06) Estimate, Sales $83.12M Miss $86.29M Estimate
Portfolio Pulse from totan@benzinga.com
Lulus Fashion Lounge (NASDAQ:LVLU) reported Q3 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.06) by 66.67%. The company also reported quarterly sales of $83.12 million, missing the estimate of $86.29 million by 3.68%. This represents a 600% decrease in earnings and a 21.05% decrease in sales compared to the same period last year.
November 08, 2023 | 9:45 pm
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Lulus Fashion Lounge reported a larger than expected loss and lower sales for Q3, indicating a negative performance compared to last year.
The company reported a larger than expected loss per share and lower sales for Q3, which is a significant negative performance compared to the same period last year. This could negatively impact the company's stock price in the short term.
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