The Lovesac pany(LOVE)

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Are Investors Undervaluing Lovesac (LOVE) Right Now?
ZACKS· 2024-08-13 14:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics t ...
The Lovesac Company Announces a Five-Year Extension of Its Credit Facility and Inaugural Share Repurchase Program
GlobeNewswire News Room· 2024-07-31 11:00
Board of Directors Authorizes $40 Million Share Repurchase Program The Company's revolving credit facility had been set to mature on September 30, 2024. The amendment extends the maturity to July 2029 and adds an uncommitted accordion feature that allows the Company, subject to certain customary conditions, to increase the size of the revolving credit facility by $10 million. Keith Siegner, Executive Vice President and Chief Financial Officer, stated, "We are pleased to have successfully extended our credit ...
Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of The Lovesac Company (LOVE) Investigation
GlobeNewswire News Room· 2024-07-19 21:03
Investigation Details What's Next? There is No Cost to You Why Bronstein, Gewirtz & Grossman Attorney advertising. Prior results do not guarantee similar outcomes. Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Nathan Miller 332-239-2660 | info@bgandg.com NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Lovesac Company ("Lovesac" or "the Company") (NASDAQ: LOVE). Investors who purch ...
SCHOLASTIC TO RELEASE "RUN AWAY WITH ME" A POWERFUL AND STUNNING LOVE STORY FOR YOUNG ADULTS BY #1 NEW YORK TIMES BESTSELLING AUTHOR AND AWARD-WINNING ARTIST BRIAN SELZNICK
Prnewswire· 2024-07-11 13:16
NEW YORK, July 11, 2024 /PRNewswire/ -- Scholastic, the global children's publishing, education and media company, announced today that it will publish Run Away With Me on April 1, 2025, an unforgettable comingof-age love story for young adults by #1 New York Times bestselling author and Caldecott Medalist Brian Selznick. Releasing simultaneously in hardcover, ebook, and audiobook formats, this profoundly romantic and moving novel set in Rome, written by one of today's most innovative storytellers, will be ...
Lovesac's (LOVE) Shares Up on Narrower Than Expected Q1 Loss
ZACKS· 2024-06-14 17:30
The quarter's results reflect a 14.8% decline in omnichannel comparable net sales and a 9% decline in internet sales. This downtick was reflected in the soft contributions from the company's reportable segments and was partially offset by the net addition of 35 new showrooms compared with the year-ago period. Nonetheless, going forward, the company aims to focus on its omnichannel infinity flywheel, which has been designed for the life platform and advantaged supply chain. The omnichannel infinity flywheel ...
Lovesac (LOVE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-06-13 23:12
The reported revenue compares to the Zacks Consensus Estimate of $128.2 million, representing a surprise of +3.47%. The company delivered an EPS surprise of +16.16%, with the consensus EPS estimate being -$0.99. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Shares of Lovesac have returned -4% over the past month versus the Zacks S&P 500 composite's +4% change ...
The Lovesac pany(LOVE) - 2025 Q1 - Quarterly Report
2024-06-13 20:07
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 May 5, 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) Not applicable (Former name, former addres ...
The Lovesac pany(LOVE) - 2025 Q1 - Quarterly Results
2024-06-13 11:01
Shawn Nelson, Chief Executive Officer, stated, "We are pleased to deliver first quarter performance inline to slightly above the high end of our expectations. Our results reflect continued outperformance compared to the industry and demonstrate our commitment to executing against our objectives. We believe through our omni-channel infinity flywheel, designed for life platform and advantaged supply chain we are well positioned to continue to deliver results and capitalize on the tremendous opportunity still ...
The Lovesac Company Reports First Quarter Fiscal 2025 Financial Results
GlobeNewswire News Room· 2024-06-13 11:00
Q1 FY25 Net Sales of $132.6 Million Reaffirms Full Year Fiscal 2025 Outlook Key Measures for the First Quarter of Fiscal 2025 Ending May 5, 2024: (Dollars in millions, except per share amounts. Dollar and percentage changes may not recalculate due to rounding.) 1 Omni-channel Comparable Net Sales includes sales at all retail locations and online, open greater than 12 months (including remodels and relocations) and excludes closed stores. Net sales decreased $8.6 million, or 6.1%, in the first quarter of fis ...
Top Wall Street Forecasters Revamp Lovesac Expectations Ahead Of Q1 Earnings
Benzinga· 2024-06-13 06:41
Loading... Lovesac shares rose 5.1% to close at $25.98 on Wednesday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Read This Next: Jim Cramer Likes This Energy Stock With 4% Yield, Recommends Buying DraftKings Loading... Analysts expect the Stamford, Connecticut-based company to report a quarterly loss at 96 cents per share, versus a year-ago loss of 28 cents per share. ...