Lulu's Fashion Lounge Holdings Inc. has reported its financial results for the thirteen weeks ended March 30, 2025. The company announced net revenue of $64.155 million, a decrease from $77.259 million in the same period last year. The net loss and comprehensive loss widened to $7.998 million from $5.736 million in the previous year. The company noted an increase in adjusted EBITDA loss to $4.7 million compared to a loss of $2.7 million in the same period last year. However, net cash provided by operating activities rose to $8.3 million from $6.9 million, and free cash flow improved to $7.8 million from $6.0 million over the same periods. Lulu's CFO, Tiffany Smith, stated that due to uncertainties in international trade policy and tariffs, the company is withdrawing its previously issued full-year 2025 net revenue and Adjusted EBITDA outlook. Despite these challenges, Lulu's expects positive Adjusted EBITDA in the second quarter of 2025 and remains focused on strengthening its liquidity position throughout the year. Furthermore, the company has reduced its revolving line of credit balance to $7.3 million.
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