Exhibit 99.1 THE LOVESAC COMPANY REPORTS SECOND QUARTER FISCAL 2026 FINANCIAL RESULTS Q2 FY26 Net Sales Increased 2.5% to $160.5 Million vs. Q2 FY25 STAMFORD, Conn., September 11, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the second quarter of fiscal 2026, which ended August 3, 2025. Shawn Nelson, Chief Executiv ...

The Lovesac Company (NASDAQ:LOVE) slumped in early trading after posting a mixed second qurter earnings report amid sector headwinds. Revenue was up 2.6% year-over-year to $160.5 million to match the consensus expectation. Sales were up 10.4% for the Showrooms segment to $109.1 million to offset ...

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Core Insights - The Lovesac Company reported a 2.5% increase in net sales for Q2 FY26, reaching $160.5 million compared to $156.6 million in Q2 FY25, driven by a 0.9% rise in omni-channel comparable net sales and the addition of 16 new showrooms [1][9] - The company is transitioning from a product-focused entity to a brand-centric organization, refining its strategic roadmap to support growth as a multi-faceted home brand [2][9] - Despite facing category headwinds, the company maintains confidence in delivering long-term value and aims to become the most loved home brand in America [2] Financial Performance - Net sales for the thirteen weeks ended August 3, 2025, were $160.5 million, a 2.5% increase from $156.6 million in the prior year [3][9] - Gross profit decreased by $1.8 million, or 1.9%, with a gross margin of 56.4%, down from 59.0% in the prior year, primarily due to increased transportation costs and higher promotional discounting [3][9] - Operating loss for the quarter was $8.8 million, compared to a loss of $8.4 million in the prior year, resulting in an operating margin of (5.5)% [3][9] Operating Expenses - Total operating expenses decreased by 1.3% to $99.4 million, with SG&A expenses down 2.1% to $72.1 million [3][9] - Advertising and marketing expenses increased slightly by 0.7% to $23.5 million, driven by a new product marketing campaign [3][9] - The company recorded a net loss of $6.7 million for the quarter, or $(0.45) per share, compared to a net loss of $5.9 million, or $(0.38) per share, in the prior year [3][9] Year-to-Date Performance - For the year-to-date period ended August 3, 2025, net sales increased by 3.3% to $298.9 million, with a 1.4% rise in omni-channel comparable net sales [3][9] - Gross profit for the year-to-date period increased by $0.6 million, or 0.3%, but gross margin decreased to 55.2% from 56.8% due to higher promotional discounting [3][9] - The year-to-date net loss was $17.5 million, or $(1.19) per diluted share, an improvement from a loss of $18.8 million, or $(1.21) per diluted share, in the prior year [3][9] Cash Flow and Inventory - Cash and cash equivalents as of August 3, 2025, were $34.2 million, down from $72.1 million as of August 4, 2024 [16] - Total merchandise inventory increased to $124.0 million, up from $88.3 million, primarily due to a planned stock inventory increase [16]

The Lovesac Company LOVE will release earnings results for the second quarter, before the opening bell on Thursday, Sept. 11.Analysts expect the Stamford, Connecticut-based company to report a quarterly loss at 51 cents per share, versus a year-ago loss of 8 cents per share. Lovesac is projected to report quarterly revenue of $160.42 million, compared to $156.59 million a year earlier, according to data from Benzinga Pro.On Aug. 27, Lovesac Company named Alan Boehme to its board of directors.Lovesac shares ...

Lovesac (NASDAQ:LOVE) is expected to release its quarterly earnings with an EPS of -$0.72 and revenue of approximately $160.4 million. The introduction of the Snugg collection aims to expand Lovesac's presence in the furniture industry. Key financial ratios such as the P/E ratio of approximately 20.86 and a debt-to-equity ratio of about 0.95 highlight the company's market valuation and financial structure.Lovesac, trading as NASDAQ:LOVE, is a furniture company known for its innovative and comfortable produ ...

Core Insights - The Lovesac Company has launched its first-ever couch and loveseat collection called Snugg, featuring actress Brittany Snow in the marketing campaign [2][3][4] - Snugg is designed to offer comfort, versatility, and durability, aligning with Lovesac's ethos of "Always Fits. Forever New." [3][4] Product Features - Snugg includes adaptable design, customizable options, and built-in storage, making it suitable for various living spaces [6][8] - The product line consists of three sizes: Sofa, Loveseat, and Chair, with multiple arm styles and washable covers [8] - Pricing starts at $1,450 for the Chair, $2,050 for the Loveseat, and $2,550 for the Sofa [8] Company Background - The Lovesac Company, based in Stamford, Connecticut, is known for its innovative, high-quality furniture designed to last a lifetime [7][9] - The company has received awards for sustainability and innovation, highlighting its commitment to responsible production [7][9]

Group 1 - The Lovesac Company was upgraded from a 'buy' to a 'strong buy' in early April 2023, indicating a positive outlook for the company's stock performance [1] - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and the potential for value and growth in these sectors [1] Group 2 - Subscribers of Crude Value Insights have access to a stock model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2] - A two-week free trial is available for new subscribers to explore the offerings related to oil and gas investments [3]

Wall Street analysts forecast that Lovesac (LOVE) will report quarterly loss of -$0.72 per share in its upcoming release, pointing to a year-over-year decline of 89.5%. It is anticipated that revenues will amount to $160.85 million, exhibiting an increase of 2.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a ...

Group 1 - Cannara Biotech Inc. has approved the grant of incentive awards under its stock option plan and restricted share unit compensation plan [1][2] - The awards were granted in alignment with the completion of the Company's fiscal year-end on August 31, 2025, marking five consecutive years of commercial operations and year-over-year revenue growth [2] - The Company has granted 3,625,000 stock options to certain employees, each exercisable into one common share at an exercise price of $1.44 per share, vesting over three years [5] Group 2 - Cannara operates two mega facilities in Québec, covering over 1,650,000 sq. ft., with a potential annualized cultivation output of 100,000 kg [4] - The Company leverages Québec's low electricity costs to produce premium-grade cannabis products at affordable prices [4] - 145,000 restricted share units (RSUs) were granted to members of the board of directors, vesting in full on the second anniversary of the grant date [5]