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Lovesac (LOVE) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-12-12 14:10
Lovesac (LOVE) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this company would post a loss of $0.46 per share when it actually produced a loss of $0.38, delivering a surprise of 17.39%.Over the last four quarters, the company has surpassed consens ...
The Lovesac pany(LOVE) - 2025 Q3 - Quarterly Report
2024-12-12 12:03
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 November 3, 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 Q3 - Quarterly Results
2024-12-12 12:01
Exhibit 99.1 THE LOVESAC COMPANY REPORTS THIRD QUARTER FISCAL 2025 FINANCIAL RESULTS Q3 FY25 Net Sales of $149.9 Million STAMFORD, Conn., December 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 third quarter of fiscal 2025, which ended November 3, 2024. Shawn Nelson, Chief Executive Officer, stated, "Near-term headwinds for our ca ...
The Lovesac Company Announces Third Quarter Fiscal 2025 Conference Call Date
GlobeNewswire News Room· 2024-12-05 21:05
STAMFORD, Conn., Dec. 05, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand, today announced that it will release its financial results for the third quarter of fiscal 2025 before market open on Thursday, December 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 dial 877-407-3982 (int ...
Charge Your Phone For FREE At Lovesac This Holiday Shopping Season
Prnewswire· 2024-11-25 14:03
Featuring invisible wireless charging, embedded in a Sactionals Side, StealthTech Charge Side offers the ultimate convenience, letting you power your devices without the clutter of power cords. With the ability to add up to three charging stations in a single Side, you'll always have plenty of power at your fingertips. Like all StealthTech product line innovations, the Charge Side is designed with upgradable technology, allowing customers to easily stay up to date with the latest advancements. Charge Side s ...
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 ...