Lulus Fashion Lounge (LVLU)
Market Price (9/14/2026): $10.8 | Market Cap: $30.9 MilSector: Consumer Discretionary | Industry: Apparel Retail
Lulus Fashion Lounge (LVLU)
Market Price (9/14/2026): $10.8Market Cap: $30.9 MilSector: Consumer DiscretionaryIndustry: Apparel Retail
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include E-commerce & Digital Retail. Themes include Direct-to-Consumer Brands. | Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -138% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.5% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% Stock price has recently run up significantly12M Rtn12 month market price return is 139% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -13%, Rev Chg QQuarterly Revenue Change % is -17% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -31% High stock price volatilityVol 12M is 139% Key risksLVLU key risks include [1] its failure to anticipate fashion trends and effectively manage inventory and [2] a precarious financial position with declining revenue, Show more. |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail. Themes include Direct-to-Consumer Brands. |
| Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -138% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.5% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 139% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -13%, Rev Chg QQuarterly Revenue Change % is -17% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -31% |
| High stock price volatilityVol 12M is 139% |
| Key risksLVLU key risks include [1] its failure to anticipate fashion trends and effectively manage inventory and [2] a precarious financial position with declining revenue, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Lulus Fashion Lounge (LVLU) stock has gained about 15% since 5/31/2026 because of the following key factors:
1. Reaffirmation of Positive Full-Year Adjusted EBITDA Outlook: Lulus Fashion Lounge's management reaffirmed its expectation for positive Adjusted EBITDA for the full fiscal year 2026, following a negative Adjusted EBITDA of $(1.2) million in fiscal year 2025. This guidance, reiterated during the fiscal Q2 2026 earnings announcement on August 12, 2026, signaled a strategic pivot towards profitability and operational efficiency, despite reporting a fiscal Q2 2026 loss of $0.52 per share and missing revenue estimates.
2. Initiation of Strategic Alternatives Review: In mid-July 2026, Lulus announced that its board had formed a special committee of independent directors to evaluate strategic alternatives to enhance stockholder value. This move, communicated on July 13 and 14, 2026, generated investor optimism, suggesting potential corporate actions that could unlock significant value for shareholders and improve the company's long-term prospects.
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Lulus Fashion Lounge (LVLU) stock has gained about 15% since 5/31/2026 because of the following key factors:
1. Reaffirmation of Positive Full-Year Adjusted EBITDA Outlook: Lulus Fashion Lounge's management reaffirmed its expectation for positive Adjusted EBITDA for the full fiscal year 2026, following a negative Adjusted EBITDA of $(1.2) million in fiscal year 2025. This guidance, reiterated during the fiscal Q2 2026 earnings announcement on August 12, 2026, signaled a strategic pivot towards profitability and operational efficiency, despite reporting a fiscal Q2 2026 loss of $0.52 per share and missing revenue estimates.
2. Initiation of Strategic Alternatives Review: In mid-July 2026, Lulus announced that its board had formed a special committee of independent directors to evaluate strategic alternatives to enhance stockholder value. This move, communicated on July 13 and 14, 2026, generated investor optimism, suggesting potential corporate actions that could unlock significant value for shareholders and improve the company's long-term prospects.
3. Significant Improvement in Gross Margin and Narrowing Net Loss: The company demonstrated improved profitability, with gross margin increasing by 480 basis points in fiscal Q1 2026 (ended March 29, 2026) and by 330 basis points to 48.6% in fiscal Q2 2026 (ended June 28, 2026), marking its highest Q2 gross margin since 2021. The net loss also improved, narrowing by $3.9 million year-over-year in fiscal Q1 2026 and further to $1.5 million in fiscal Q2 2026. These gains in profitability metrics, despite a 17% year-over-year revenue decline in fiscal Q2 2026, were well-received by the market.
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Stock Movement Drivers
Fundamental Drivers
The 13.1% change in LVLU stock from 5/31/2026 to 9/13/2026 was primarily driven by a 20.1% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.41 | 10.64 | 13.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 276 | 262 | -5.0% |
| P/S Multiple | 0.1 | 0.1 | 20.1% |
| Shares Outstanding (Mil) | 3 | 3 | -0.9% |
| Cumulative Contribution | 13.1% |
Market Drivers
5/31/2026 to 9/13/2026| Return | Correlation | |
|---|---|---|
| LVLU | 13.1% | |
| Market (SPY) | 1.0% | 10.8% |
| Sector (XLY) | -6.5% | 13.8% |
Fundamental Drivers
The -31.1% change in LVLU stock from 2/28/2026 to 9/13/2026 was primarily driven by a -22.0% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.45 | 10.64 | -31.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 285 | 262 | -8.2% |
| P/S Multiple | 0.1 | 0.1 | -22.0% |
| Shares Outstanding (Mil) | 3 | 3 | -3.8% |
| Cumulative Contribution | -31.1% |
Market Drivers
2/28/2026 to 9/13/2026| Return | Correlation | |
|---|---|---|
| LVLU | -31.1% | |
| Market (SPY) | 11.7% | 12.6% |
| Sector (XLY) | -3.1% | 18.5% |
Fundamental Drivers
The 170.9% change in LVLU stock from 8/31/2025 to 9/13/2026 was primarily driven by a 211.2% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.93 | 10.64 | 170.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 292 | 262 | -10.4% |
| P/S Multiple | 0.0 | 0.1 | 211.2% |
| Shares Outstanding (Mil) | 3 | 3 | -2.9% |
| Cumulative Contribution | 170.9% |
Market Drivers
8/31/2025 to 9/13/2026| Return | Correlation | |
|---|---|---|
| LVLU | 170.9% | |
| Market (SPY) | 19.5% | 6.3% |
| Sector (XLY) | -1.9% | 8.6% |
Fundamental Drivers
The -65.7% change in LVLU stock from 8/31/2023 to 9/13/2026 was primarily driven by a -44.3% change in the company's P/S Multiple.| (LTM values as of) | 8312023 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 31.05 | 10.64 | -65.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 393 | 262 | -33.4% |
| P/S Multiple | 0.2 | 0.1 | -44.3% |
| Shares Outstanding (Mil) | 3 | 3 | -7.6% |
| Cumulative Contribution | -65.7% |
Market Drivers
8/31/2023 to 9/13/2026| Return | Correlation | |
|---|---|---|
| LVLU | -65.7% | |
| Market (SPY) | 75.7% | 7.8% |
| Sector (XLY) | 35.3% | 7.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LVLU Return | -22% | -75% | -26% | -39% | -69% | 109% | -94% |
| Peers Return | 13% | -53% | 57% | 130% | 12% | -24% | 63% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| LVLU Win Rate | 0% | 42% | 42% | 42% | 33% | 22% | |
| Peers Win Rate | 48% | 32% | 48% | 50% | 53% | 33% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| LVLU Max Drawdown | - | -89% | -61% | -53% | -81% | -73% | |
| Peers Max Drawdown | -42% | -70% | -50% | -44% | -50% | -47% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: RVLV, URBN, ANF, REAL, RENT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/11/2026 (YTD)
How Low Can It Go
| Event | LVLU | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -55.9% | -18.8% |
| % Gain to Breakeven | 126.6% | 23.1% |
| Time to Breakeven | 239 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -32.0% | -7.8% |
| % Gain to Breakeven | 47.0% | 8.5% |
| Time to Breakeven | 61 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -39.2% | -9.5% |
| % Gain to Breakeven | 64.5% | 10.5% |
| Time to Breakeven | 14 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -34.9% | -6.7% |
| % Gain to Breakeven | 53.6% | 7.1% |
| Time to Breakeven | 43 days | 31 days |
In The Past
Lulus Fashion Lounge's stock fell -55.9% during the 2025 US Tariff Shock. Such a loss loss requires a 126.6% gain to breakeven.
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Asset Allocation
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| Event | LVLU | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -55.9% | -18.8% |
| % Gain to Breakeven | 126.6% | 23.1% |
| Time to Breakeven | 239 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -32.0% | -7.8% |
| % Gain to Breakeven | 47.0% | 8.5% |
| Time to Breakeven | 61 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -39.2% | -9.5% |
| % Gain to Breakeven | 64.5% | 10.5% |
| Time to Breakeven | 14 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -34.9% | -6.7% |
| % Gain to Breakeven | 53.6% | 7.1% |
| Time to Breakeven | 43 days | 31 days |
In The Past
Lulus Fashion Lounge's stock fell -55.9% during the 2025 US Tariff Shock. Such a loss loss requires a 126.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Lulus Fashion Lounge (LVLU)
Lulus Fashion Lounge Holdings, Inc. (LVLU) is an online retail company dedicated to women's fashion. The company's primary business involves selling a wide range of women's clothing, shoes, and accessories directly to consumers through its digital ecosystem. This ecosystem includes its owned website, mobile app, and various social media platforms, along with email and SMS communications. Lulus also utilizes paid advertising on major search engines and social media platforms to reach its audience.
Operating under its proprietary "Lulus" brand, the company offers a diverse product catalog that features dresses, tops, bottoms, bridal wear, intimates, swimwear, footwear, and a variety of accessories. Lulus Fashion Lounge specifically targets and serves Millennial and Gen Z women, catering its product offerings and marketing efforts to these key demographic segments.
AI Analysis | Feedback
Here are 1-3 brief analogies for Lulus Fashion Lounge:
- It's like ASOS for trendy Millennial and Gen Z women's fashion.
- Think of it as an online-only Zara or H&M for younger women's apparel.
AI Analysis | Feedback
- Dresses: A core category of women's apparel offered in various styles.
- Tops: Diverse styles of upper body clothing for women.
- Bottoms: Clothing items for the lower body, including skirts, pants, and shorts.
- Bridal Wear: Specialized apparel and accessories for brides and bridal parties.
- Intimates: Undergarments and sleepwear designed for women.
- Swimwear: Clothing specifically designed for swimming and beach activities.
- Footwear: A range of shoes, boots, and sandals for women.
- Accessories: Complementary items such as jewelry, handbags, and belts.
AI Analysis | Feedback
Lulus Fashion Lounge (LVLU) primarily sells directly to individual consumers (B2C) rather than to other businesses.
Its major customers can be categorized into the following groups of Millennial and Gen Z women:
- Everyday Fashion Consumers: These customers are seeking trendy, affordable, and stylish clothing, shoes, and accessories for daily wear, casual outings, and general wardrobe updates.
- Special Occasion Dressers: This category includes women shopping for specific events such as parties, proms, graduations, and other formal or semi-formal gatherings where a distinctive outfit is desired.
- Bridal Party and Wedding Guests: Lulus caters to women looking for bridal wear, bridesmaid dresses, and appropriate attire for attending weddings as guests, offering a range of styles for various roles in a wedding context.
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Crystal Landsem, Chief Executive Officer and Director
Crystal Landsem has served as Lulus' Chief Executive Officer and as a Director on its Board since March 2023. Previously, she held the roles of Co-President from July 2020 and Chief Financial Officer from September 2015. Before joining Lulus, Ms. Landsem held broad leadership roles across the consumer and technology industries, including at start-ups and organizations such as 11 Main, an Alibaba Group Company, and Walmart.
Heidi Crane, Chief Financial Officer
Heidi Crane was appointed as Lulus' permanent Chief Financial Officer, effective February 4, 2026. Prior to this, she served as the company's fractional CFO since October 13, 2025. Ms. Crane brings over 17 years of CFO experience and previously held various roles at Diageo PLC, Dole Food Company, and Ernst & Young. Her experience includes guiding financial strategies for high-growth, consumer-oriented businesses.
Mark Vos, President and Chief Information Officer
Mark Vos serves as President and Chief Information Officer for Lulus. He oversees the proprietary, purpose-built technology systems that are central to the company's e-commerce model. He previously served as Co-President and Chief Information Officer.
Laura Deady, Chief Merchandising Officer
Laura Deady was appointed Chief Merchandising Officer of Lulus, effective the week of January 15, 2024. Before joining Lulus, Ms. Deady was the Senior Managing Director of Buying and Merchandising for apparel, accessories, footwear, and vintage at Urban Outfitters. Her background includes significant strategic leadership, trend and financial analysis, fashion direction, and product development experience, with previous leadership roles at Michael Kors, Free People, and Macy's.
Naomi Beckman-Straus, General Counsel and Corporate Secretary
Naomi Beckman-Straus holds the positions of General Counsel and Corporate Secretary at Lulus. She is responsible for handling legal and governance matters for the company.
```AI Analysis | Feedback
The key risks to Lulus Fashion Lounge (LVLU) are primarily centered around its financial health, the decline in its direct-to-consumer business, and its susceptibility to broader macroeconomic trends.
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Liquidity and Financial Health: Lulus Fashion Lounge faces severe liquidity constraints, a precarious cash position, and significant debt, making its survival highly dependent on its ability to secure financing and manage its existing credit agreements. The company has an accumulated deficit and has historically struggled to convert gross profit into sustained free cash flow, operating with ongoing losses. Its financial situation is often described as a "binary distressed-turnaround proposition."
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Declining Direct-to-Consumer Customer Base: Lulus has experienced declining active customer counts and deteriorating order volumes in its direct-to-consumer segment. This indicates a struggle to grow and retain customers through its core online model, which is a significant weakness even as the company pivots towards an omnichannel wholesale strategy.
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Sensitivity to Macroeconomic Conditions and Discretionary Spending: As a retailer of women's clothing, shoes, and accessories, Lulus's demand is highly dependent on consumer confidence and discretionary income. Factors such as inflation, higher interest rates, and the resumption of student loan repayments disproportionately affect its primary Millennial and Gen Z demographic, leading to reduced spending on apparel and impacting sales.
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The emergence of influencer-driven Direct-to-Consumer (DTC) fashion brands, leveraging social media platforms to directly reach and sell to Millennial and Gen Z women, poses a significant threat. These brands often bypass traditional online retailers by building strong communities and offering perceived authenticity, directly competing for Lulus' core demographic and product categories.
The accelerated adoption of circular fashion models, particularly clothing rental and resale platforms, presents another clear emerging threat. These models, driven by increased consumer focus on sustainability and value, offer alternatives to purchasing new items, especially for occasion wear where Lulus has a strong presence. As younger demographics increasingly embrace renting or buying secondhand, this could divert significant spending away from new apparel purchases.
AI Analysis | Feedback
Lulus Fashion Lounge (LVLU) operates in the online retail of women's clothing, shoes, and accessories, primarily targeting Millennial and Gen Z women. The addressable markets for their main products and services are significant, both in the U.S. and globally.
Women's Clothing
- The U.S. online women's clothing sales industry is projected to reach $61.8 billion in 2026.
- Globally, the online apparel retail market, which includes clothing, footwear, and accessories, is estimated to reach $861.99 billion in 2026.
- The global women's apparel market is estimated at US$658.2 billion by 2025 and is anticipated to grow to US$808.8 billion by 2032, with online sales expected to account for 50% of this market by 2032. The women's apparel market size is projected to be USD 718.82 billion in 2026.
Shoes
- The U.S. online shoe sales industry generated an estimated $47.9 billion in 2025.
- The US Footwear E-Commerce Market generated e-commerce revenue of US$74,472 million in 2025.
- The global e-commerce footwear market size was valued at USD 120.12 billion in 2024 and is expected to reach USD 128.77 billion in 2025. North America holds the largest share of the global e-commerce footwear market at 32%, valued at USD 39.6 billion.
Accessories
- The global e-commerce fashion accessories market size was valued at USD 240.16 billion in 2024 and is poised to grow from USD 274.26 billion in 2025 to USD 793.41 billion by 2033.
- The US Fashion Accessories Market is projected to reach USD 477.4 billion by 2034, from USD 223.2 billion in 2024. North America captured a 35.2% market share, valued at USD 21.8 billion.
- The global e-commerce fashion accessories market, valued at USD 213.16 billion in 2024, is projected to reach USD 484.25 billion by 2030.
Target Demographic Market Influence
- Millennials and Gen Z currently account for 32% of the total retail spend in the United States, with their share projected to grow to 48% by 2030.
- Fashion constitutes 67% of Gen Z's spending and 57% of Millennial spending.
- Gen Z and Gen Alpha are projected to account for 40% of fashion spending within the next decade (by 2035).
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Expected Drivers of Future Revenue Growth for Lulus Fashion Lounge (LVLU)
Over the next 2-3 years, Lulus Fashion Lounge (LVLU) anticipates revenue growth driven by several strategic initiatives:
- Expansion of Wholesale and Omnichannel Presence: Lulus is broadening its reach through new wholesale partnerships and an expanded omnichannel strategy. This includes collaborations with major retailers like Nordstrom, the launch of a dedicated Amazon Storefront, and a new online wholesale partnership with Victoria's Secret to increase market presence and drive incremental revenue. The company also opened its first physical retail store with a bridal boutique, signaling further omnichannel collaborations to enhance customer touchpoints.
- Strategic Focus on Occasion Wear and Higher-Margin Products: Lulus is emphasizing its core strength in event dressing by prioritizing special occasion, bridesmaid, and bridal categories. This strategic pivot towards higher-margin categories, along with ongoing product assortment optimization, is expected to increase average order value and improve product margins. The company is actively realigning its casual wear to better support its strength in event attire.
- Enhanced Customer Acquisition and Retention: The company aims to drive growth by focusing on retaining and acquiring customers, particularly within its target Millennial and Gen Z demographics. Lulus has noted improved customer stickiness, positive quarter-over-quarter changes in repeat customer counts, and momentum in new customer loyalty adoption rates. Efforts to reactivate lapsed customers and expand loyalty program benefits are also key to fostering long-term customer relationships.
- Leveraging Data and AI for Operational Efficiency and Customer Experience: Lulus plans extensive investments in advanced AI technologies and platforms. These investments are intended to optimize inventory levels, reduce fit-related returns, improve product assortment through machine learning and predictive AI, and generally enhance the overall customer experience. These operational efficiencies are expected to contribute to revenue growth by improving profitability and customer satisfaction.
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Share Repurchases
- Lulus Fashion Lounge repurchased 123,934 shares year-to-date as of Q3 2025, totaling $886,264.
- As of Q3 2025, approximately $1.1 million remained under the existing share repurchase authorization.
- In the second quarter of 2025, the company repurchased $742,000 worth of common stock.
Share Issuance
- The company completed its Initial Public Offering (IPO) on November 10, 2021, issuing 5,750,000 shares at $16.00 per share, which generated gross proceeds of $92.0 million.
- Net proceeds from the IPO were intended to redeem preferred stock, repay debt, and for general corporate purposes.
- A 1-for-15 reverse stock split became effective on July 7, 2025, reducing outstanding common shares from approximately 41.5 million to about 2.8 million.
Inbound Investments
- Friedland Enterprises announced the acquisition of approximately 5% of the outstanding shares of Lulu's Fashion Lounge in January 2026, with intentions to influence strategic decisions.
- At the time of its IPO in November 2021, Lulus was a portfolio company of H.I.G. Capital, LLC.
Capital Expenditures
- Lulus reaffirmed its full-year 2025 capital expenditures estimate of approximately $2.5 million.
- The company expected its full-year 2025 capital expenditures to be at the low end of its previously estimated range of $2.5 million and $3.0 million.
- Capital expenditures for fiscal 2025 are primarily focused on operational efficiency and profitability, including efforts to support margin expansion and mitigate risks related to tariffs.
- In 2025, Lulus plans to consolidate its distribution operations by closing its Chico, California distribution center and moving functions to its Ontario, California facility to improve efficiencies and reduce costs.
Peer Outperformance in Apparel Retail
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -21.1% | 83.9% | 72.4% | LINC 306% · PRDO 236% · CVSA 229% |
| Homebuilding | 18 | -14.7% | 18.5% | 42.6% | GRBK 208% · PHM 163% · TOL 140% |
| Specialty Stores | 7 | 11.7% | 34.7% | 16.4% | SIG 39% · FIVE 32% · ASO 27% |
| Automotive Retail | 18 | -11.4% | 2.8% | 10.7% | MUSA 268% · PAG 171% · ORLY 118% |
| Home Improvement Retail | 5 | -26.1% | -9.5% | 5.2% | HVT 16% · LOW 6% · HD 5% |
| Hotels, Resorts & Cruise Lines | 22 | 12.9% | 43.5% | 4.0% | RCL 225% · MAR 145% · HLT 136% |
| Distributors | 4 | -12.0% | -24.5% | -8.5% | ARMK 165% · GPC 29% · LKQ -46% |
| Specialized Consumer Services | 10 | -16.0% | 26.2% | -11.9% | HRB 117% · FTDR 75% · SCI 44% |
| Home Furnishings | 4 | -6.7% | 18.5% | -14.0% | SGI 48% · LZB 4% · MHK -32% |
| Restaurants | 34 | -12.2% | -17.2% | -14.7% | EAT 337% · CAKE 157% · BH 134% |
| Footwear | 9 | 42.7% | 43.7% | -24.7% | WEYS 162% · SHOO 24% · DECK 12% |
| Leisure Products | 13 | -22.4% | -19.6% | -34.1% | GOLF 82% · HAS 15% · BC -19% |
| Casinos & Gaming | 20 | -8.7% | -23.6% | -36.1% | MCRI 117% · RSI 67% · RRR 58% |
| Leisure Facilities | 11 | -4.0% | -12.8% | -37.1% | OSW 132% · JAKK 106% · ESCA 19% |
| Apparel Retail ← | 25 | -9.5% | 10.4% | -38.1% | ANF 314% · URBN 147% · ROST 117% |
| Automotive Parts & Equipment | 38 | -10.7% | -11.0% | -38.4% | MOD 1601% · GTX 301% · STRT 92% |
| Apparel, Accessories & Luxury Goods | 27 | -7.6% | 8.6% | -40.3% | TPR 236% · RL 236% · ELA 224% |
| Household Appliances | 18 | -1.8% | 13.7% | -43.8% | FLXS 174% · KEQU 165% · HBB 124% |
| Broadline Retail | 15 | -12.2% | 12.4% | -54.3% | DDS 317% · EBAY 65% · AMZN 49% |
| Computer & Electronics Retail | 3 | -15.2% | 15.4% | -57.5% | BBY 3% · GME -58% · UPBD -59% |
| Automobile Manufacturers | 8 | -78.1% | -50.5% | -71.5% | GM 76% · F 48% · TSLA 47% |
| Other Specialty Retail | 18 | -31.0% | -49.5% | -77.3% | TLF 109% · BBW 93% · WINA 79% |
| Consumer Electronics | 11 | -13.5% | -8.8% | -77.8% | AXIL 2979% · GRMN 85% · MSN -58% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Lulus Fashion Lounge Earnings Notes | 12/16/2025 | |
| Is Lulus Fashion Lounge Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 15.89 |
| Mkt Cap | 1.2 |
| Rev LTM | 750 |
| Op Inc LTM | -6 |
| FCF LTM | 23 |
| FCF 3Y Avg | 3 |
| CFO LTM | 43 |
| CFO 3Y Avg | 16 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 10.8% |
| Rev Chg 3Y Avg | 6.8% |
| Rev Chg Q | 12.4% |
| QoQ Delta Rev Chg LTM | 3.0% |
| Op Inc Chg LTM | 36.0% |
| Op Inc Chg 3Y Avg | 35.0% |
| Op Mgn LTM | -0.8% |
| Op Mgn 3Y Avg | -6.0% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 3.3% |
| CFO/Rev 3Y Avg | 2.0% |
| FCF/Rev LTM | 2.1% |
| FCF/Rev 3Y Avg | 1.0% |
Price Behavior
| Market Price | $10.64 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 11/11/2021 | |
| Distance from 52W High | -59.3% | |
| 50 Days | 200 Days | |
| DMA Price | $14.07 | $11.59 |
| DMA Trend | up | up |
| Distance from DMA | -24.3% | -8.1% |
| 3M | 1YR | |
| Volatility | 124.7% | 138.6% |
| Downside Capture | -75.84 | 60.14 |
| Upside Capture | 98.05 | 151.57 |
| Correlation (SPY) | 11.9% | 6.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 3.17 | 0.51 | 0.65 | 0.87 | 0.61 | 0.56 |
| Up Beta | 5.27 | 1.75 | 2.01 | 2.16 | 1.18 | 0.82 |
| Down Beta | 9.14 | 3.93 | 1.80 | 1.87 | -1.21 | 0.18 |
| Up Capture | -58% | 113% | 60% | -4% | 253% | 11% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 9 | 17 | 27 | 51 | 114 | 329 |
| Down Capture | 413% | -370% | -131% | 39% | 49% | 94% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 12 | 23 | 35 | 72 | 132 | 386 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LVLU | |
|---|---|---|---|---|
| LVLU | 147.5% | 140.0% | 1.22 | - |
| Sector ETF (XLY) | -2.4% | 19.5% | -0.25 | 8.6% |
| Equity (SPY) | 18.3% | 12.8% | 1.03 | 6.3% |
| Gold (GLD) | 19.0% | 29.2% | 0.59 | 9.0% |
| Commodities (DBC) | 48.3% | 20.6% | 1.80 | -0.7% |
| Real Estate (VNQ) | 7.6% | 13.6% | 0.29 | 2.9% |
| Bitcoin (BTCUSD) | -32.4% | 43.8% | -0.77 | 6.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LVLU | |
|---|---|---|---|---|
| LVLU | -44.7% | 107.8% | -0.10 | - |
| Sector ETF (XLY) | 5.1% | 24.1% | 0.17 | 17.1% |
| Equity (SPY) | 12.5% | 17.2% | 0.55 | 14.8% |
| Gold (GLD) | 18.7% | 18.8% | 0.81 | 5.8% |
| Commodities (DBC) | 11.4% | 19.5% | 0.46 | 0.6% |
| Real Estate (VNQ) | 0.7% | 18.9% | -0.07 | 9.6% |
| Bitcoin (BTCUSD) | 9.4% | 52.6% | 0.36 | 8.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LVLU | |
|---|---|---|---|---|
| LVLU | -25.6% | 107.8% | -0.10 | - |
| Sector ETF (XLY) | 12.0% | 22.2% | 0.49 | 17.1% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 14.8% |
| Gold (GLD) | 12.3% | 16.3% | 0.62 | 5.8% |
| Commodities (DBC) | 8.7% | 18.1% | 0.39 | 0.6% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 9.6% |
| Bitcoin (BTCUSD) | 63.2% | 66.2% | 1.03 | 8.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 9/14/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/12/2026 | -8.8% | -8.1% | -37.2% |
| 5/13/2026 | 3.5% | 6.2% | -17.4% |
| 11/12/2025 | 16.8% | 10.2% | 4.7% |
| 8/13/2025 | 5.6% | 16.1% | 19.6% |
| 5/14/2025 | -9.1% | -2.3% | 7.2% |
| 3/27/2025 | -8.3% | -7.6% | 6.1% |
| 11/13/2024 | -12.1% | -21.7% | -32.9% |
| 8/14/2024 | -1.6% | -12.2% | 14.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 8 | 11 |
| # Negative | 10 | 11 | 8 |
| Median Positive | 14.3% | 15.3% | 7.2% |
| Median Negative | -9.0% | -12.2% | -26.4% |
| Max Positive | 18.1% | 33.0% | 47.3% |
| Max Negative | -13.8% | -31.0% | -57.1% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/12/2026 | -8.8% | -8.1% | -37.2% |
| 5/13/2026 | 3.5% | 6.2% | -17.4% |
| 11/12/2025 | 16.8% | 10.2% | 4.7% |
| 8/13/2025 | 5.6% | 16.1% | 19.6% |
| 5/14/2025 | -9.1% | -2.3% | 7.2% |
| 3/27/2025 | -8.3% | -7.6% | 6.1% |
| 11/13/2024 | -12.1% | -21.7% | -32.9% |
| 8/14/2024 | -1.6% | -12.2% | 14.2% |
| 5/8/2024 | 16.3% | 14.4% | 14.4% |
| 3/6/2024 | -6.3% | -15.7% | -28.2% |
| 11/8/2023 | -9.5% | -29.5% | 5.0% |
| 8/8/2023 | -6.9% | -11.8% | -13.9% |
| 5/9/2023 | 5.0% | 1.2% | 4.1% |
| 3/14/2023 | 18.1% | 24.3% | 6.2% |
| 11/15/2022 | -12.2% | -31.0% | -57.1% |
| 8/16/2022 | -13.8% | -16.5% | -24.6% |
| 5/17/2022 | 14.9% | 30.7% | 21.6% |
| 3/31/2022 | 14.3% | 33.0% | 47.3% |
| 12/14/2021 | 1.2% | -7.5% | -21.4% |
| SUMMARY STATS | |||
| # Positive | 9 | 8 | 11 |
| # Negative | 10 | 11 | 8 |
| Median Positive | 14.3% | 15.3% | 7.2% |
| Median Negative | -9.0% | -12.2% | -26.4% |
| Max Positive | 18.1% | 33.0% | 47.3% |
| Max Negative | -13.8% | -31.0% | -57.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/12/2026 | 10-Q |
| 03/31/2026 | 05/13/2026 | 10-Q |
| 12/31/2025 | 03/30/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/14/2025 | 10-Q |
| 12/31/2024 | 03/27/2025 | 10-K |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/06/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 03/14/2023 | 10-K |
| 09/30/2022 | 11/15/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/12/2026 | 10-Q |
| 03/31/2026 | 05/13/2026 | 10-Q |
| 12/31/2025 | 03/30/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/14/2025 | 10-Q |
| 12/31/2024 | 03/27/2025 | 10-K |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/06/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 03/14/2023 | 10-K |
| 09/30/2022 | 11/15/2022 | 10-Q |
| 06/30/2022 | 08/16/2022 | 10-Q |
| 03/31/2022 | 05/17/2022 | 10-Q |
| 12/31/2021 | 03/31/2022 | 10-K |
| 09/30/2021 | 12/16/2021 | 10-Q |
| 06/30/2021 | 11/12/2021 | 424B4 |
Recent Forward Guidance
Updated 8/13/2026Latest: Q2 2026 Earnings Reported 8/12/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Capital Expenditures | Reported | 2.00 Mil | 2.25 Mil | 2.50 Mil | 0 | Affirmed | Guidance: 2.25 Mil for 2026 | |
Prior: Q1 2026 Earnings Reported 5/13/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Capital Expenditures | Reported | 2.00 Mil | 2.25 Mil | 2.50 Mil | -10.0% | Lower New | Actual: 2.50 Mil for 2025 | |
Q3 2025 Earnings Reported 11/12/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Capital Expenditures | Reported | 2.50 Mil | 0 | Affirmed | Guidance: 2.50 Mil for 2025 | |||
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Apparel Retail Resources |
| Apparel News |
| Just Style |
| Sourcing Journal |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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