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Luvu Brands posted a net loss of $813,000 in Q2 2026, down from $192,000 net income the prior year, due to weak sales and higher tariffs.
Luvu Brands reported second-quarter fiscal 2026 net revenue of $6.9 million, a decline from $7.19 million the prior year, due to weak consumer spending and foreign competition.
Gross profit fell to $1.80 million with a margin drop to 26.1%, impacted by lower sales and higher import tariffs.
The company posted $184,000 in operating income and $145,000 in operating cash flow, reflecting cost control.
A $813,000 net loss stemmed largely from a deferred tax provision, compared to $192,000 net income the prior year.
Cash and cash equivalents rose 47.8% to $1.09 million, and total assets reached $11.14 million, driven by new domestic manufacturing lease assets.
Management reaffirmed focus on efficiency, product mix, distribution, and pricing to drive long-term growth amid evolving economic conditions.
Luvu Brands registró una pérdida neta de $813,000 en el segundo trimestre de 2026, por debajo de los $192,000 de ingresos netos del año anterior, debido a las ventas débiles y los aranceles más altos.