Lulu’s Fashion Lounge Holdings Inc. reported its results for the quarter ended December 31. Net sales increased 15.4% year-over-year to $172.3 million. Gross profit rose 17.8% to $64.2 million, and gross margin expanded 50 basis points to 37.4%. Operating income surged 34.1% to $23.9 million, while operating margin increased 60 basis points to 13.9%. Net income grew 32.4% to $18.5 million, and diluted earnings per share (EPS) were $0.43, up 31.9% from the same period last year.
