Lulu's Fashion Lounge Holdings Inc

NASDAQ LVLU

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Lulu's Fashion Lounge Holdings Inc Return on Tangible Equity (ROTE) for the quarter ending April 30, 2024: -869.09%

Lulu's Fashion Lounge Holdings Inc Return on Tangible Equity (ROTE) is -869.09% for the quarter ending April 30, 2024, a -927.19% change year over year. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment.
  • Lulu's Fashion Lounge Holdings Inc Return on Tangible Equity (ROTE) for the quarter ending April 30, 2023 was -84.61%, a -7.97% change year over year.
  • Lulu's Fashion Lounge Holdings Inc Return on Tangible Equity (ROTE) for the quarter ending April 30, 2022 was -78.37%, a -656.20% change year over year.
  • Lulu's Fashion Lounge Holdings Inc Return on Tangible Equity (ROTE) for the quarter ending April 30, 2021 was -10.36%.
NASDAQ: LVLU

Lulu's Fashion Lounge Holdings Inc

CEO Mr. David W. McCreight
IPO Date Nov. 11, 2021
Location United States
Headquarters 195 Humboldt Avenue, Chico, CA, United States, 95928
Employees 686
Sector Consumer Cyclical
Industry Apparel retail
Description

Lulu's Fashion Lounge Holdings, Inc. operates as an online retailer of women's apparel, footwear, and accessories. The company offers formals, casuals, dresses, tops, bottoms, wedding dresses, rompers and jumpsits, intimates and sleepwear, swimwear, shoes, and accessories under the Lulus brand. It sells its products through owned media, which primarily consists of its website, mobile app, social media, email, and SMS; and earned and paid media, as well as social media platforms. The company also operates bridal boutique stores that offers bridal gowns, bridesmaids dresses, bridal accessories, shoes, and others. The company primarily serves Millennial and Gen Z women. Lulu's Fashion Lounge Holdings, Inc. was founded in 1996 and is headquartered in Chico, California.

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StockViz Staff

September 19, 2024

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