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Lulu’s Fashion Lounge cuts FY23 revenue view to $350M-$360M from $355M-$375M
The Fly

Lulu’s Fashion Lounge cuts FY23 revenue view to $350M-$360M from $355M-$375M

Consensus $364.19M. Cuts FY23 adjusted EBITDA view to $4.5M-$5.5M from $5M-$10M. Sees FY23 capital expenditures $4.5M-$5M. The company said, “We remain confident in our path to long-term growth and are resolute in our commitment to expanding the brand, though we continue to view the current macroeconomic pressures as temporary headwinds impacting our business. In response to these conditions and our modest year-to-date performance, we are adjusting our outlook for the full year 2023.”

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