Luvu Brands Announces First Quarter Fiscal 2025 Financial Results
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Luvu Brands, Inc. reported its first quarter fiscal 2025 financial results, showing a net sales decrease of 4% to $5.76 million and a net loss of $211,000.
November 14, 2024 | 6:00 pm
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Luvu Brands reported a 4% decrease in net sales to $5.76 million and a net loss of $211,000 for Q1 fiscal 2025.
The decrease in net sales and the reported net loss are likely to negatively impact investor sentiment and the stock price in the short term. The 4% decline in revenue indicates potential challenges in sales performance, which could concern investors.
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