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 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) 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) 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 ...

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 ...

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 ...