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The Lovesac Company Was Recognized at Premier Innovation Awards Honoring Game-Changing BreakthroughsFORT MYERS, Fla., April 7, 2025 /PRNewswire/ -- The Edison Awards, now in its 38th year of recognizing the world's most impactful innovations, announced that The Lovesac Company has been honored with the Bronze Edison for Sustainable Consumer Solutions award at the prestigious April 3rd awards gala in Fort Myers, FL. Members of the Lovesac leadership team joined industry leaders, pioneering entrepreneurs, and ...

In its upcoming report, Lovesac (LOVE) is predicted by Wall Street analysts to post quarterly earnings of $1.80 per share, reflecting a decline of 3.7% compared to the same period last year. Revenues are forecasted to be $228.65 million, representing a year-over-year decrease of 8.7%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a c ...

STAMFORD, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand, today announced that its fourth quarter and fiscal 2025 financial results will be released before market open on Thursday, April 10, 2025. 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 (internatio ...

MONTREAL, March 24, 2025 (GLOBE NEWSWIRE) -- Cannara Biotech Inc. (“Cannara”, “the Company”, “us” or “we”) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB0), a vertically integrated producer of premium-grade cannabis and derivative product offerings at affordable prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., is pleased to announce the appointment of Mr. Justin Cohen to its board of directors (the “Board”) as an independent director. Mr. Cohen will also serve as a member of the Audit ...

Core Concept - The Lovesac Company is launching the "Recline of Civilization" campaign to promote its new Reclining Seat, positioning reclining as an aspirational lifestyle choice that counters the hustle culture prevalent today [2][4]. Product Overview - The Reclining Seat is designed to integrate seamlessly with the existing Sactionals product line, featuring a hidden reclining mechanism and customizable options such as seat depths, arm shapes, and back styles [5][6]. - Customers can choose from over 150 washable, interchangeable covers, enhancing the product's versatility and ease of maintenance [6]. Marketing Strategy - The campaign features notable personalities like Kathy Hilton, Jay Shetty, and Funny Marco, aiming to destigmatize relaxation and self-care while promoting the benefits of slowing down [3][4]. - The marketing message emphasizes the importance of rest for peak performance, aligning with the company's philosophy that comfort and relaxation are essential in today's fast-paced world [5]. Company Background - The Lovesac Company, based in Stamford, Connecticut, focuses on technology-driven furniture design, emphasizing sustainability and innovation in its product offerings [8]. - The company is recognized for its modular couches (Sactionals) and premium foam beanbag chairs (Sacs), and has received awards for its commitment to responsible production [8].

Core Viewpoint - Cannara Biotech Inc. is positioned as a leading producer in the Canadian cannabis market, emphasizing its financial performance, market share growth, and cost advantages due to its operations in Québec [3]. Company Overview - Cannara Biotech Inc. operates as a vertically integrated producer of premium-grade cannabis and derivative products, with two large facilities in Québec covering over 1,650,000 sq. ft. [1][5]. - The company has a potential annual cultivation output of 100,000 kg, leveraging low electricity costs in Québec to maintain affordable pricing for its products [5]. Upcoming Presentation - Cannara will present at the Ventum Capital Markets Canadian Cannabis Conference on March 12, 2025, from 1:40 PM to 2:00 PM EST, where the CEO and CFO will discuss the company's performance and answer investor questions [1][2]. Financial Performance - The company highlights its impressive financial performance and efficient scaling, contrasting its success with competitors who struggle with profitability [3].

Core Insights - The Lovesac Company has partnered with Habitat for Humanity to provide sustainable comfort solutions for families, focusing on creating stable and comfortable homes [1][5] - Lovesac has donated over $600,000 worth of products to Habitat for Humanity and is committing to an additional $150,000 in product donations this year [2] - The partnership will also involve active participation from Lovesac employees in volunteer efforts to support home construction and refurbishment [4] Company Overview - The Lovesac Company, based in Stamford, Connecticut, designs and sells high-quality furniture through its "Designed for Life" approach, which emphasizes sustainability and longevity [7] - The product line includes modular couches called Sactionals, premium foam beanbag chairs known as Sacs, and other customizable furniture solutions [8] - Lovesac's commitment to sustainability is recognized through awards such as Repreve's 7th Annual Champions of Sustainability Award [8] Partnership Details - The partnership aims to provide relief in disaster-impacted communities, with Lovesac pledging over $400,000 in product donations to support recovery efforts in areas like North Carolina and Los Angeles [3] - Habitat for Humanity's ReStores, where Lovesac products are sold, help fund local housing initiatives and improve community living conditions [2][6] - The collaboration is designed to create safe and stable homes for families, particularly in communities affected by natural disasters [5][6]

Core Viewpoint - Cannara Biotech Inc. has announced the extension and amendments to its credit agreement with the Bank of Montreal and the Olymbec Convertible Debenture, aimed at optimizing its financial position and supporting long-term strategic goals [1][2]. Credit Facility Amendments - The maturity date of the Restated Credit Facility has been extended to December 31, 2027 [6]. - The Restated Credit Facility consolidates the Company's borrowing facilities, including a term loan facility of $34.8 million, a $10 million revolving credit facility, and a $5.6 million letter of credit [6]. - Updated financial covenants in the Restated Credit Facility provide the Company with enhanced flexibility and liquidity [6]. Convertible Debenture Amendments - The maturity date of the Olymbec Convertible Debenture has been extended to March 31, 2028 [7]. - Olymbec has the right to demand partial repayments of up to $1 million, subject to BMO's approval, with a second partial repayment due on September 30, 2025 [7]. - A new Javaa Convertible Debenture is anticipated to be issued to satisfy Olymbec's demand for the second partial repayment [8]. Interest Rates and Payment Terms - The Olymbec Convertible Debenture bears an interest rate of 10.75% per annum, compounded semi-annually effective January 31, 2025 [8]. - Interest incurred prior to September 30, 2025, can be paid in cash or common shares at a conversion price of $1.80 per share [8]. Market Maker and Investor Relations Engagement - Cannara has retained Integral Wealth Securities to provide market-making services to enhance liquidity and contribute to an active market for its shares [11][12]. - The Company has entered into a consulting agreement with Impaq Capital Inc. for investor relations services, with a monthly fee of $7,500 [15][16]. Shareholder Meeting Outcomes - The number of directors was set at five, with all nominees elected by a majority of shareholders [18][19]. - MNP LLP was appointed as auditors for Fiscal 2025, receiving 99.95% approval from shareholders [20]. - Shareholders approved the Company's rolling stock option plan and RSU plan, both required annually by TSXV policies [21][23].

Product Launch - Hormel Foods is introducing limited edition Heart-to-Heart kits for Valentine's Day, featuring heart-shaped pepperonis and all necessary ingredients for a pizza night at home [1][4][6] - The kits aim to enhance the Valentine's Day experience by allowing consumers to send personalized messages along with the pizza-making ingredients [6][5] Brand Positioning - HORMEL® Pepperoni is recognized as the No. 1 selling brand of pepperoni in the United States, based on the latest 52-week Circana data [7] - The brand has been a staple in American cuisine for over 100 years, emphasizing quality ingredients and great flavor [7] Company Overview - Hormel Foods Corporation, headquartered in Austin, Minnesota, generates over $12 billion in annual revenue and operates in more than 80 countries [8] - The company is part of the S&P 500 Index and has received multiple accolades for corporate responsibility and workplace quality [8]