The Lovesac pany(LOVE)

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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, ...
The Lovesac Company to Host Investor Day
GlobeNewswire News Room· 2024-10-21 11:00
STAMFORD, Conn., Oct. 21, 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, announced that it will host an Investor Day in New York City, NY on Tuesday, December 17 at 10 a.m. Eastern Time. Chief Executive Officer, Shawn Nelson, President and Chief Operating Officer, Mary Fox, Executive Vice President and Chief Financial Officer, Keith Siegner, and other members of the senior le ...
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 ...