Lulu's Fashion Lounge (LVLU) - 2025 Q1 - Quarterly Results
Exhibit 99.1 Lulus Reports First Quarter 2024 Results "As we continue to make strides in evolving our product assortment, our net revenue comp for the first quarter improved modestly on a sequential quarterly basis by 250 basis points. Strong customer demand for our new and novelty products bolsters our confidence in our reorder pipeline, contributing to positive sales comparisons and favorable margin performance in several of our high-volume categories. In addition, we saw improvement in gross margin in th ...