Luvu Brands (OTCQB: LUVU) reported fiscal 2026 net sales of $27.36 million, up 5.8% from $25.86 million in fiscal 2025. The company recorded operating income of $876,000, compared with an operating loss of $69,000 a year earlier.
Net loss narrowed to $246,000, or $(0.00) per diluted share, from a $448,000 loss, or $(0.01) per diluted share, in the prior fiscal year. Cash provided by operating activities totaled $773,000.
- Gross profit increased 12.8% to $8.61 million, while gross margin rose to 31.5% from 29.5%.
- Wholesale net sales increased 8% to $19.06 million; direct-to-consumer sales rose 2% to $8.30 million.
- Income before income taxes was $429,000, versus a $448,000 pre-tax loss in fiscal 2025.
- Cash and cash equivalents were $1.20 million as of June 30, 2026, up from $735,000 a year earlier.