Lulu's Fashion Lounge Holdings, Inc. Reports Third Quarter 2026 Financial Results

Lulu's Fashion Lounge Holdings, Inc. announced its third quarter 2026 financial results, reporting net revenue of $58.6 million, a 20% decrease compared to the same period last year. The company noted a net loss of $4.3 million, compared to a net loss of $2.3 million in the prior-year period, and an Adjusted EBITDA of $(1.8) million. Management attributed the revenue decline to a 20% decrease in total orders placed and higher return rates, partially offset by increased wholesale revenue. Alongside the results, the company revised its financial outlook for the fiscal year ending January 3, 2027, and provided initial guidance for the fiscal year ending January 2, 2028. CEO Crystal Landsem stated that the company is taking actions to strengthen its business foundation and position the brand for a return to sustainable, profitable growth.