Lovesac (LOVE) Surpasses Q4 Earnings and Revenue Estimates

Company Performance - Lovesac reported quarterly earnings of $2.13 per share, exceeding the Zacks Consensus Estimate of $1.80 per share, and up from $1.87 per share a year ago, representing an earnings surprise of 18.33% [1] - The company posted revenues of $241.49 million for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 5.62%, although this is a decrease from $250.51 million in the same quarter last year [2] - Over the last four quarters, Lovesac has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Lovesac shares have declined approximately 32.7% since the beginning of the year, compared to a decline of 7.2% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.83 on revenues of $137.2 million, and for the current fiscal year, it is $1.01 on revenues of $711.07 million [7] Industry Outlook - The Retail - Home Furnishings industry, to which Lovesac belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Lovesac's stock performance [5]