Lulus Stock Declines 25% Despite Q2 Loss Narrowing Y/Y on Lower Costs
LVLU's second-quarter net loss per share narrowed year over year, supported by margin expansion and lower operating expenses. However, the stock declined 25% as revenue fell 17%, with fewer orders and higher return rates weighing on results.
Why it matters — A LVLU watcher would care because the narrowing loss was overshadowed by a sharp revenue decline, weaker order volumes and rising return rates, signaling ongoing demand headwinds.