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 ...

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]

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, ...

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 ...

Core Insights - The Lovesac AnyTable offers a customizable and versatile solution for enhancing living spaces, integrating seamlessly with the Sactionals product line [1][2][4] Product Features - AnyTable is available in three stylish finishes: Dark Brown, Weathered Grey, and Blonde, allowing it to complement various design aesthetics [1] - It can function as an in-line table, end table, or standalone coffee table, providing multiple uses such as storage for blankets and toys or as a dining surface [2][5] - The design includes hidden storage and is reverse-compatible, aimed at improving user convenience [3] Company Philosophy and Innovation - Lovesac focuses on creating product platforms that exceed category norms, with the AnyTable being a part of this vision [4] - The company emphasizes durability and adaptability in its products, allowing them to evolve with customer needs [7] - Alongside AnyTable, Lovesac has introduced updated Sactionals Accessories, enhancing the overall functionality and design of their offerings [4][5] Market Position and Offerings - The Lovesac Company, based in Stamford, Connecticut, is publicly traded on NASDAQ under the ticker LOVE and is known for its high-quality, technology-driven furniture [7] - The product lineup includes modular couches (Sactionals), premium foam beanbag chairs (Sacs), and the innovative StealthTech Sound + Charge System [7] - Lovesac's commitment to sustainability is highlighted by its receipt of Repreve's 7th Annual Champions of Sustainability Award, showcasing responsible production practices [7]

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 ...

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 ...

Company Performance - Lovesac reported a quarterly loss of $0.38 per share, better than the Zacks Consensus Estimate of a loss of $0.46, compared to a loss of $0.04 per share a year ago, indicating an earnings surprise of 17.39% [1] - The company posted revenues of $156.59 million for the quarter ended July 2024, surpassing the Zacks Consensus Estimate by 1.68% and showing an increase from $154.53 million year-over-year [2] - Over the last four quarters, Lovesac has exceeded consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Outlook - The stock has underperformed, losing about 17.7% since the beginning of the year, while the S&P 500 has gained 16.4% [3] - The current consensus EPS estimate for the coming quarter is $0.05 on revenues of $159.62 million, and for the current fiscal year, it is $1.09 on revenues of $708.88 million [7] - The estimate revisions trend for Lovesac is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Retail - Home Furnishings industry, to which Lovesac belongs, is currently in the bottom 13% of over 250 Zacks industries, suggesting potential challenges ahead [8]