The Lovesac pany(LOVE)
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Lovesac Introduces AnyTable, the First Fully Customizable Table Solution Designed to Transform Your Living Space
Prnewswire· 2024-09-17 13:03
The AnyTable provides the Lovesac Sactionals customer with a completely new way to enhance and customize their space for their unique lifestyle. With three stylish finishes, including Dark Brown, Weathered Grey and Blonde, AnyTable can integrate into any Sactionals setup to perfectly complement your design aesthetic. The Lovesac AnyTable brings the adaptability of Sactionals to a table. Completely customizable, it can easily fit into the couch as an in-line table, an end table or be used on its own as a cof ...
LOVE's Shares Rise on Narrower-Than-Expected Loss in Q2
ZACKS· 2024-09-13 18:06
The Lovesac Company (LOVE) reported better-than-expected results in second-quarter fiscal 2025 (ended Aug. 4, 2024), with earnings and net sales beating the Zacks Consensus Estimate. On a year-over-year basis, net sales increased and the adjusted loss widened. The company's quarterly results benefited from the net addition of 31 new showrooms and a 7% increase in internet sales. This was partially offset by a 5.4% decline in omnichannel comparable net sales. During the quarter, the company opened 10 new sho ...
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of The Lovesac Company – LOVE
GlobeNewswire News Room· 2024-09-13 12:00
BRIDGEPORT, Conn., Sept. 13, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the District of Connecticut has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of The Lovesac Company (NASDAQ: LOVE): SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT, (II) SETTLEMENT FAIRNESS HEARING, AND (III) MOTION FOR ATTORNEYS' FEES AND LITIGATION EXPENSES TO: All persons and ent ...
The Lovesac pany(LOVE) - 2025 Q2 - Earnings Call Transcript
2024-09-12 15:46
The Lovesac Company (NASDAQ:LOVE) Q2 2025 Earnings Conference Call September 12, 2024 8:30 AM ET Company Participants Caitlin Churchill - Investor Relations Shawn Nelson - Chief Executive Officer Mary Fox - President and Chief Operating Officer Keith Siegner - Chief Financial Officer Conference Call Participants Michael Baker - D.A. Davidson Maria Ripps - Canaccord Genuity Tom Forte - Maxim Group Brian Nagel - Oppenheimer & Company Matt Koranda - ROTH Capital Partners Alex Fuhrman - Craig-Hallum Capital Gro ...
Here's What Lifted Lovesac Stock Higher Today
The Motley Fool· 2024-09-12 15:26
The company is navigating a slowing economy but expects strong results to end the year. Shares of furniture business Lovesac (LOVE 25.31%) lifted higher on Thursday after the company reported financial results for its fiscal second quarter of 2025. As of 10:50 a.m. ET, Lovesac stock was up an impressive 25%. Lovesac gives investors acceptable numbers For Q2, Lovesac's management had said it expected net sales of $152 million to $160 million and a net loss of $6 million to $8 million. On the top line, the co ...
Lovesac (LOVE) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-09-12 14:31
Lovesac (LOVE) reported $156.59 million in revenue for the quarter ended July 2024, representing a year-overyear increase of 1.3%. EPS of -$0.38 for the same period compares to -$0.04 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $154.01 million, representing a surprise of +1.68%. The company delivered an EPS surprise of +17.39%, with the consensus EPS estimate being -$0.46. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Lovesac (LOVE) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-09-12 13:11
Lovesac (LOVE) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.39%. A quarter ago, it was expected that this company would post a loss of $0.99 per share when it actually produced a loss of $0.83, delivering a surprise of 16.16%. Over the last four quarters, the company has surpassed cons ...
The Lovesac pany(LOVE) - 2025 Q2 - Quarterly Report
2024-09-12 12:30
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 August 4, 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 Q2 - Quarterly Results
2024-09-12 11:01
THE LOVESAC COMPANY REPORTS SECOND QUARTER FISCAL 2025 FINANCIAL RESULTS Q2 FY25 Net Sales growth of 1.3% to $156.6 Million STAMFORD, Conn., September 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 second quarter of fiscal 2025, which ended August 4, 2024. Shawn Nelson, Chief Executive Officer, stated, "Our second quarter results ...
The Lovesac Company Reports Second Quarter Fiscal 2025 Financial Results
GlobeNewswire News Room· 2024-09-12 11:00
STAMFORD, Conn., Sept. 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 second quarter of fiscal 2025, which ended August 4, 2024. Shawn Nelson, Chief Executive Officer, stated, "Our second quarter results were inline with our expectations as we continued to drive market share gains amidst a challenging industry backdrop. We are ple ...