Quarterly ResultMay 15, 2026, 03:43 PM
Luvu Brands Q3 Net Sales +12% to $6.55M; Net Income $174K
AI Summary
Luvu Brands reported strong financial results for its third fiscal quarter ended March 31, 2026, with net sales increasing 12.0% to $6.55 million. The company achieved positive net income of $174,000, a significant improvement from a net loss in the prior year, driven by disciplined cost management and operational efficiencies. Gross margin expanded to 28.0%, and Adjusted EBITDA grew to $317,000, reflecting the effectiveness of its cost optimization strategy.
Key Highlights
- Net sales increased 12.0% to $6.55 million for Q3 FY26, up from $5.85 million in Q3 FY25.
- Net income was $174,000 for Q3 FY26, compared to a net loss of $(88,000) in the prior-year quarter.
- Gross profit rose to $1.84 million, with gross margin expanding to 28.0% in Q3 FY26.
- Operating income improved to $227,000 for Q3 FY26, from a breakeven in the prior-year period.
- Adjusted EBITDA increased to $317,000 for Q3 FY26, up from $116,000 in the prior-year quarter.
- Cash and cash equivalents totaled $1.23 million as of March 31, 2026, a 67.3% increase year-over-year.
- Operating cash flow for the nine-month period exceeded $690,000, more than tripling year-over-year.
Price Impact
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