Luvu Brands FY26 operating income turns positive at $876,000; net sales rise 6% to $27.36 million
LUVU•Luvu Brands reported FY26 net sales of $27.36 million, up 6%, and operating income of $876,000, compared with an operating loss a year earlier. Net loss narrowed to $246,000.
1. FY26 results
Wholesale sales rose 8% to $19.06 million, while gross margin widened 2 percentage points to 31.5%. Pre-tax income was $429,000, and operating cash flow swung to $773,000. Cash and cash equivalents increased 63% to $1.20 million.
2. Company updates
Net loss was $246,000 after a $675,000 non-cash income tax provision. Louis Friedman said FY26 marked an inflection in performance, and the company renewed the operating lease for its Atlanta manufacturing facility.
