Blog: LUVU BRANDS, INC. : Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) –

Item 2.02 Results of Operations and Financial Condition.

On August 2, 2022, LUVU Brands, Inc. (the “Company”) announced preliminary
unaudited net sales for the three months ended June 30, 2022, were approximately
$6.2 million (or approximately 6% higher) than the $5.8 million recorded in the
same period of 2021. For the twelve months ended June 30, 2022, preliminary net
sales were a record $26.4 million, an increase of approximately 14% from the
$23.1 million reported for the prior fiscal year. These total net sales are
preliminary estimates, based upon calculation or figures that have been prepared
internally by the Company’s management and have not been reviewed by its
independent registered public accounting firm and may change upon completion of
its audit. There can be no assurance that the Company’s actual results for
fiscal 2022 will not differ from the preliminary financial data presented in
this report and such changes could be material. This preliminary financial data
should not be viewed as a substitute for full financial statements prepared in
accordance with GAAP and is not necessarily indicative of the results to be
achieved for any future period. The Company’s audited consolidated financial
statements for fiscal 2022 will be contained in its Annual Report on Form 10-K
for the year ended June 30, 2022 to be filed with the SEC.

The information appearing in Item 7.01 of this report is hereby incorporated by
reference into this Item 2.02.

Item 7.01 Regulation FD Disclosure.

On August 2, 2022 the Company issued a press release announcing preliminary
unaudited net sales for the three months ended June 30, 2022 and twelve months
ended June 30, 2022. A copy of the press release is incorporated herein by
reference as Exhibit 99.1 hereto.

The information in Items 2.02 and 7.01 hereof and Exhibit 99.1 attached hereto
shall not be deemed filed for purposes of Section 18 of the Securities Act of
1934, nor shall it or they be deemed incorporated by reference in any filing
under the Securities Act of 1933, except as shall be expressly set forth by
specific reference.

Item 9.01 Financial Statements and Exhibits.

                                            Incorporated by Reference       Filed or
  No.         Exhibit Description        Form        Date Filed    Number   Herewith

  99.1       Press Release dated                                            Furnished
           August 2, 2022


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