Why Lovesac Stock Is a Sad Sack Today -- Down 25%
The Lovesac pany(LOVE) The Motley Fool·2024-12-12 17:45
Couch manufacturer Lovesac (LOVE -27.28%) sprung multiple springs on Thursday. Its stock was down 25.2% through 11:40 a.m. ET, after reporting misses on both the top and bottom lines earlier in the morning.Heading into the fiscal third quarter 2025 report, analysts were already pessimistic, predicting Lovesac would lose $0.28 per share on $155.3 million in sales -- but the news was worse. Lovesac lost $0.32 per share, and sales fell below estimates at $149.9 million. Lovesac Q3 earningsQ3 sales declined abo ...