Luvu Brands, Inc. Announces Preliminary Unaudited Net Sales for the First Quarter Ended September 30, 2022
October 14, 2022 at 12:45 pm EDT
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Luvu Brands, Inc. announced preliminary unaudited net sales for the first quarter ended September 30, 2022. For the first quarter, the company reported net sales of approximately $8.1 million, or approximately 30% higher than the $6.2 million recorded in the same period of the prior fiscal year.
Luvu Brands, Inc. designs, manufactures and markets a portfolio of consumer lifestyle brands through the Companyâs websites, online mass merchants and specialty retail stores worldwide. The Companyâs brands include Liberator, a brand category of products for enhancing sensuality and intimacy; Avana, Top-of-Bed Comfort products and inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery and chronic pain; and Jaxx, a diverse range of casual fashion daybeds, sofas and beanbags made from virgin and re-purposed polyurethane foam. These products are sold through the Companyâs websites, online mass merchants and retail stores worldwide. The Companyâs various products are offered flat-packed and either roll or vacuum compressed to save on shipping and reduce its carbon footprint. The Companyâs e-commerce websites include liberator.com, jaxxbeanbags.com and avanacomfort.com.
LUVU BRANDS, INC. 
