The Lovesac Company LOVE will release earnings results for its second quarter, before the opening bell on Thursday, Sept. 12. Analysts expect the Stamflord, Connecticut-based company to report a quarterly loss at 44 cents per share, versus a year-ago loss of 4 cents per share. Lovesac projects to report quarterly revenue of $157 million for the quarter, according to data from Benzinga Pro. On July 31, Lovesac said it has entered into a five-year extension of its revolving credit facility by $10 million and ...

The Lovesac Company (LOVE) is slated to report its second-quarter fiscal 2025 earnings on Sep. 12, before market open. In the last reported quarter, the company posted an adjusted loss of 83 cents per share. The figure was narrower than the Zacks Consensus Estimate of a loss of 99 cents. Lovesac registered an adjusted loss per share of 28 cents in the prior-year quarter. Net sales topped the consensus mark by 3.5% but declined 6.1% year over year. How Are Estimates Placed for LOVE? The Zacks Consensus Estim ...

The upcoming report from Lovesac (LOVE) is expected to reveal quarterly loss of $0.46 per share, indicating a decline of 1050% compared to the year-ago period. Analysts forecast revenues of $154.01 million, representing a decrease of 0.3% year over year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company reveals its earn ...

This announcement follows the instant sensation of Lovesac and KidSuper's first collaboration in February 2024. The exclusive Blue Camo MovieSac and Squattoman Cover product drop first introduced consumers to the blended home comfort and artful streetstyle that only these two brands could create together. The latest capsule pushes these boundaries on the intersection of fashion and home even further, giving consumers more opportunities to bring their couture style into the living room. The limited edition " ...

STAMFORD, Conn., Sept. 05, 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 that its second quarter financial results will be released before market open on Thursday, September 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 ...

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, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics t ...

Board of Directors Authorizes $40 Million Share Repurchase Program The Company's revolving credit facility had been set to mature on September 30, 2024. The amendment extends the maturity to July 2029 and adds an uncommitted accordion feature that allows the Company, subject to certain customary conditions, to increase the size of the revolving credit facility by $10 million. Keith Siegner, Executive Vice President and Chief Financial Officer, stated, "We are pleased to have successfully extended our credit ...

Investigation Details What's Next? There is No Cost to You Why Bronstein, Gewirtz & Grossman Attorney advertising. Prior results do not guarantee similar outcomes. Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Nathan Miller 332-239-2660 | info@bgandg.com NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Lovesac Company ("Lovesac" or "the Company") (NASDAQ: LOVE). Investors who purch ...

NEW YORK, July 11, 2024 /PRNewswire/ -- Scholastic, the global children's publishing, education and media company, announced today that it will publish Run Away With Me on April 1, 2025, an unforgettable comingof-age love story for young adults by #1 New York Times bestselling author and Caldecott Medalist Brian Selznick. Releasing simultaneously in hardcover, ebook, and audiobook formats, this profoundly romantic and moving novel set in Rome, written by one of today's most innovative storytellers, will be ...

The quarter's results reflect a 14.8% decline in omnichannel comparable net sales and a 9% decline in internet sales. This downtick was reflected in the soft contributions from the company's reportable segments and was partially offset by the net addition of 35 new showrooms compared with the year-ago period. Nonetheless, going forward, the company aims to focus on its omnichannel infinity flywheel, which has been designed for the life platform and advantaged supply chain. The omnichannel infinity flywheel ...