The Lovesac Company LOVE will release its first-quarter financial results before the opening bell on Thursday, June 12. Analysts expect the Stamford, Connecticut-based company to report a quarterly loss at 71 cents per share, versus a year-ago loss of 63 cents per share in the year-ago period. Lovesac projects quarterly revenue of $137.47 million, compared to $132.64 million a year earlier, according to data from Benzinga Pro. On April 10, the company reported a fourth-quarter FY25 revenue decline of 3.6% y ...

Wall Street analysts forecast that Lovesac (LOVE) will report quarterly loss of $0.84 per share in its upcoming release, pointing to a year-over-year decline of 1.2%. It is anticipated that revenues will amount to $136.05 million, exhibiting an increase of 2.6% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a com ...

All financial results are reported in Canadian dollars, unless otherwise stated. MONTREAL, April 28, 2025 (GLOBE NEWSWIRE) -- Cannara Biotech Inc. ("Cannara", "the Company", "us" or "we") (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB0), a vertically integrated producer of premium- grade cannabis and derivative product offerings at affordable prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., today announced its financial and operating results for the three and six-month periods ended F ...

Core Viewpoint - Lovesac has transitioned from a niche foam beanbag chair manufacturer to a premium furniture brand, focusing on modular "Sactionals" and innovative partnerships like the one with Harman Kardon for integrated sound systems [1][2]. Financial Performance - In fiscal Q4 2025, Lovesac reported EPS of $2.13, exceeding estimates by $0.26, while revenues decreased by 3.6% YOY to $241.5 million, surpassing expectations by $11.17 million [6]. - The gross margin improved by 70 basis points to 60.4%, attributed to reduced inbound and outbound transportation costs [6]. - For fiscal 2026, the company anticipates EPS between $0.80 and $1.36, with a midpoint of $1.08, and revenues projected between $700 million and $750 million, with a midpoint of $725 million, exceeding consensus estimates [11]. Product and Market Strategy - Lovesac's Sactionals offer customizable configurations and over 200 cover options, providing a competitive edge over traditional furniture [2][3]. - The company has launched the Sactionals Reclining Seat and plans to introduce two more platforms in the next three years [7]. - Lovesac aims to expand its showroom count from 258 to over 400, targeting affluent consumers, with 82% of buyers earning over $100,000 annually [7]. Supply Chain and Tariff Management - The company has restructured its supply chain to mitigate tariff impacts, diversifying its countries of origin, with Vietnam (50%), Malaysia (28%), China (13%), and Indonesia (6%) [12][13]. - Lovesac is entering fiscal 2026 with higher-than-normal inventory levels to strategically manage potential tariff-related costs [14]. - The company plans to implement selective price increases due to its strong brand and unique product offerings, rather than broad inflationary pressures [15]. Analyst Outlook - Analysts have set a 12-month price target of $31.67 for Lovesac, indicating a potential upside of 57.86% from the current price of $20.06 [10]. - Despite a significant short interest of 24.91%, there is optimism regarding the stock's potential to reach a 65% upside based on analyst consensus [5].

Group 1 - Lovesac (NASDAQ: LOVE) provided a positive update with its Q4 earnings report in mid-April, marking a significant turnaround for the premium modular furniture company [1] - The company has been under scrutiny for a long time, and this update is seen as a crucial development in its market performance [1] Group 2 - Gary Alexander, with extensive experience in technology and startups, has been a contributor to Seeking Alpha since 2017, indicating a strong background in analyzing market trends [1]

MONTREAL, April 16, 2025 (GLOBE NEWSWIRE) -- Cannara Biotech Inc. (“Cannara”, “the Company”, “us” or “we”) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB0), a vertically integrated producer of premium-grade cannabis and derivative product offerings at affordable prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., today announced that it will release its financial results for the second quarter ended February 28, 2025, on Monday, April 28, 2025, at 7:00 a.m. ET. Cannara Biotech’s CFO, Nic ...

The Lovesac Company (LOVE) reported better-than-expected fourth-quarter fiscal 2025 (ended Feb. 2, 2025) results, with earnings and net sales beating the Zacks Consensus Estimate. On a year-over-year basis, earnings increased but revenues declined.This downside was due to a 9.4% drop in omnichannel comparable net sales. The negative impact was partially offset by the net addition of 27 showrooms during the fiscal. However, in the fourth quarter of fiscal 2025, the company did not open any new showrooms and ...

Core Insights - Lovesac's shares increased by 6.5% following the release of fourth-quarter earnings that exceeded analysts' expectations for both sales and net income [1] - The company achieved a net income growth of 14% in Q4 despite a 4% decline in sales, indicating resilience in a challenging market [2] - Lovesac's full-year sales decline was only 3%, significantly better than the broader furniture industry's 9% drop, showcasing its ability to gain market share [3] Financial Performance - The gross profit margin for Lovesac stands at 58%, which is comparable to luxury furniture competitor Ethan Allen Interiors, while traditional makers like La-Z-Boy have a margin of only 44% [4] - Lovesac's pricing flexibility is enhanced by its high margins, allowing it to better navigate the impact of import tariffs [5] Manufacturing and Supply Chain - Only 13% of Lovesac's products are manufactured in China, with plans to reduce this figure to below 10% by the end of the year, mitigating tariff risks [5] - The company maintains a debt-free balance sheet and boasts high customer satisfaction scores, positioning it favorably in the market [5]

Shares of Lovesac Co (NASDAQ:LOVE) were last seen up 12.1% at $17.86, after the furniture retailer's better-than-expected fourth-quarter earnings and revenue results and upbeat full-year guidance. The company also appointed Heidi Cooley as Chief Brand and Marketing Officer. On the charts, LOVE hit a nearly five-year low of $12.12 yesterday before turning higher for a large 27.8% gain. The 50-day moving average, which the stock hasn't conquered since its mid-December bear gap, appears to be keeping a cap on ...

For the quarter ended January 2025, Lovesac (LOVE) reported revenue of $241.49 million, down 3.6% over the same period last year. EPS came in at $2.13, compared to $1.87 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $228.65 million, representing a surprise of +5.62%. The company delivered an EPS surprise of +18.33%, with the consensus EPS estimate being $1.80.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...