Lulu’s Q1 FY26 net loss narrows 49% to $4.09 million; net revenue falls 10% to $57.53 million

• Lulu's Fashion Lounge posted a net loss of $4.09 million for thirteen weeks ended March 29, 2026, narrowing from $7.998 million year earlier.
• Net revenue fell 10% to $57.53 million, while gross margin widened 4.8 percentage points to 45.1%.
• Operating loss narrowed to $3.55 million from $8.12 million, helped by lower selling and marketing expense of $14.04 million and general and administrative expense of $15.46 million.
• Active customers slipped to 2,270,000 from 2,550,000, while average order value rose to $142 from $136.
• Company entered a new corporate headquarters lease in Chico, California, effective May 15, 2026, replacing a lease that terminates May 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lulu's Fashion Lounge Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-060254), on May 13, 2026, and is solely responsible for the information contained therein.