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Should Value Investors Buy Lovesac (LOVE) Stock?
ZACKS· 2024-12-12 15:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Luckily, Zacks has developed ...
Lovesac (LOVE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-12-12 15:31
For the quarter ended October 2024, Lovesac (LOVE) reported revenue of $149.91 million, down 2.7% over the same period last year. EPS came in at -$0.32, compared to -$0.15 in the year-ago quarter.The reported revenue represents a surprise of -3.08% over the Zacks Consensus Estimate of $154.68 million. With the consensus EPS estimate being -$0.34, the EPS surprise was +5.88%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
Recent Price Trend in Lovesac (LOVE) is Your Friend, Here's Why
ZACKS· 2024-12-12 14:50
Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires solid fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - The stock Lovesac (LOVE) has shown a significant price increase of 44.2% over the past 12 weeks, indicating strong investor interest [4]. - In the last four weeks, LOVE's price has increased by 22.9%, suggesting that the upward trend is still intact [5]. - Currently, LOVE is trading at 91.5% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - LOVE holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks with sufficient fundamental strength to sustain their recent uptrends [3]. - The article suggests that investors should consider other stocks that meet the criteria of the "Recent Price Strength" screen for potential investment opportunities [8].
Lovesac (LOVE) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-12-12 14:10
Lovesac (LOVE) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this company would post a loss of $0.46 per share when it actually produced a loss of $0.38, delivering a surprise of 17.39%.Over the last four quarters, the company has surpassed consens ...
The Lovesac pany(LOVE) - 2025 Q3 - Quarterly Report
2024-12-12 12:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38555 THE LOVESAC COMPANY (Exact name of registrant as specified in its charter) 32-0514958 Delaware | --- | --- | |-- ...
The Lovesac pany(LOVE) - 2025 Q3 - Quarterly Results
2024-12-12 12:01
Exhibit 99.1 THE LOVESAC COMPANY REPORTS THIRD QUARTER FISCAL 2025 FINANCIAL RESULTS Q3 FY25 Net Sales of $149.9 Million STAMFORD, Conn., December 12, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) ("Lovesac" or the "Company"), the home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the third quarter of fiscal 2025, which ended November 3, 2024. Shawn Nelson, Chief Executive Officer, stated, "Near-term headwinds for our ca ...
The Lovesac Company Announces Third Quarter Fiscal 2025 Conference Call Date
GlobeNewswire News Room· 2024-12-05 21:05
STAMFORD, Conn., Dec. 05, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand, today announced that it will release its financial results for the third quarter of fiscal 2025 before market open on Thursday, December 12, 2024. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (int ...
Charge Your Phone For FREE At Lovesac This Holiday Shopping Season
Prnewswire· 2024-11-25 14:03
Featuring invisible wireless charging, embedded in a Sactionals Side, StealthTech Charge Side offers the ultimate convenience, letting you power your devices without the clutter of power cords. With the ability to add up to three charging stations in a single Side, you'll always have plenty of power at your fingertips. Like all StealthTech product line innovations, the Charge Side is designed with upgradable technology, allowing customers to easily stay up to date with the latest advancements. Charge Side s ...
Lovesac Introduces Sactionals Reclining Seat: The World's Most Innovative Power Recliner
Prnewswire· 2024-11-20 14:03
Core Insights - The Sactionals Reclining Seat allows for customization in both new and existing Sactionals setups, maintaining a modern appearance while integrating a hidden reclining mechanism [1][2] - The Reclining Seat can be positioned anywhere in a configuration, offering flexibility that traditional recliners do not provide, and can transform between Deep and Standard seating depths [1][2] - The product is designed for smaller living spaces with wall-hugging recline capabilities, ensuring it can fully recline against a wall [2] - The Reclining Seat will be available for purchase starting November 20, 2024 [4] Company Overview - The Lovesac Company, based in Stamford, Connecticut, focuses on technology-driven furniture design, emphasizing durability and adaptability through its Designed for Life approach [5] - The product range includes modular couches (Sactionals), premium foam beanbag chairs (Sacs), and the Sactionals StealthTech Sound + Charge System, among others [5] - Lovesac has received the 7th Annual Champions of Sustainability Award, highlighting its commitment to responsible production and innovation [5]
Lovesac (LOVE) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-11-12 14:51
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...