Lulu’s Fashion Lounge Holdings Reaffirms FY22 Guidance

Reaffirming Financial Outlook for Full Year 2022:   ● We expect net revenue to be between $440.0 million and $480.0 million, which represents

Reaffirming Financial Outlook for Full Year 2022:

  â— We expect net revenue to be between $440.0 million and $480.0 million, which represents between 17.1% and 27.8% growth over 2021 net revenue.
  â— We expect Adjusted EBITDA to be between $35.0 million and $45.0 million, which represents between 8.0% and 9.4% of net revenue.
  â— As a result of paying down our long-term debt following our initial public offering, we expect reported interest expense to be $0.7 million, down from $12.8 million in 2021.
  â— We expect capital expenditures to be between $4.5 and $6.0 million.
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