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Why Lovesac Stock Is a Sad Sack Today -- Down 25%
LOVEThe 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 0.28pershareon0.28 per share on 155.3 million in sales -- but the news was worse. Lovesac lost 0.32pershare,andsalesfellbelowestimatesat0.32 per share, and sales fell below estimates at 149.9 million. Lovesac Q3 earningsQ3 sales declined abo ...