Lulu’s Fashion Lounge Holdings reported second quarter 2026 financial results for the period ended June 28, 2026. Net revenue decreased 17% to $67.8 million, while gross margin expanded 330 basis points year-over-year to 48.6%. The company recorded a net loss of $1.5 million, narrowing from $3.0 million in the prior year period, and generated positive Adjusted EBITDA of $1.0 million compared to $0.5 million previously. Inventory declined 23% to $28.6 million as management aligned assortment with demand. Lulus reaffirmed its full-year fiscal 2027 outlook, expecting Adjusted EBITDA to turn positive and net revenue growth trends to improve year-over-year. The company operates in the women's fashion retail industry.
