The Lovesac Company (NasdaqGM:LOVE) Q3 2026 Earnings Call December 11, 2025 08:30 AM ET Company ParticipantsShawn Nelson - CEOKeith Siegner - CFOCaitlin Churchill - Head of Investor RelationsMary Fox - PresidentConference Call ParticipantsMichael Baker - Managing Director and Senior Research AnalystMatt Koranda - Managing Director and Senior Research AnalystThomas Forte - Managing Director and Senior Consumer Internet AnalystBrian Nagel - Managing Director and Senior AnalystEric Des Lauriers - Senior Resear ...

The Lovesac Company (NasdaqGM:LOVE) Q3 2026 Earnings Call December 11, 2025 08:30 AM ET Speaker2Greetings. Welcome to Lovesac Third Quarter Fiscal 2026 earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. We ask that you please limit yourself to one question and one follow-up question. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this c ...

Hooker Furniture (HOFT) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of a loss of $0.15 per share. This compares to a loss of $0.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +360.00%. A quarter ago, it was expected that this home furnishings company would post a loss of $0.12 per share when it actually produced a loss of $0.31, delivering a surprise of -158.33%.Over the last fo ...

Q3 FY26 Net Sales Increased 0.2% to $150.2 Million vs. Q3 FY25STAMFORD, Conn., Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the third quarter of fiscal 2026, which ended November 2, 2025. Shawn Nelson, Chief Executive Officer, stated, “Our focus on secular growth initiatives such as new products and the be ...

Core Insights - Hooker Furnishings Corporation has announced a strategic divestiture of its value-priced home furnishings brands, Pulaski Furniture and Samuel Lawrence Furniture, to focus on higher-margin, design-led products and improve profitability [2][4] - The company reported a consolidated net sales decrease of 14.4% in Q3 2026, primarily due to a significant reduction in shipments from the discontinued operations [8][9] - A new shareholder return program has been introduced, including a share repurchase authorization of up to $5 million and a recalibrated dividend, reducing the annual dividend by 50% to $0.46 per share [14][15][16] Financial Performance - For the fiscal 2026 third quarter, net sales were $70.73 million, down from $82.67 million in the same period last year, with a gross profit of $18.09 million [28] - The company recorded a Q3 operating loss of $16.32 million, largely due to non-cash impairment charges of $15.58 million and restructuring costs [29] - Cash and cash equivalents decreased to $1.4 million, with inventory levels dropping from $66.2 million at year-end to $52.1 million at quarter-end [12][13] Cost Reduction Initiatives - Hooker Furnishings has implemented multi-phased cost reduction initiatives, achieving approximately $25–$26.5 million in annualized savings, which positions the company for profitability despite ongoing industry challenges [4][6] - The company has reduced its overall cost structure by 25% over the past 18 months, which is expected to continue into fiscal 2027 [4][8] Segment Performance - Hooker Branded segment experienced a 1.1% increase in net sales for both the third quarter and nine-month period, driven by higher average selling prices [9][10] - Domestic Upholstery net sales rose by 3.0% in Q3, with mixed performance across divisions, while the All Other category saw a significant decline due to macroeconomic pressures [10][11] Strategic Outlook - The launch of the Margaritaville licensed collection is anticipated to drive organic growth, supported by a new showroom experience and retailer commitments [4][19] - The company aims to transition from a cost reduction narrative to an organic growth story, focusing on its core expertise in better-to-best home furnishings [4][19]

The Lovesac Company (NASDAQ:LOVE) will release earnings results for the third quarter before the opening bell on Thursday, Dec. 11.Analysts expect the Stamford, Connecticut-based company to report quarterly loss at 46 cents per share, versus a year-ago loss of 1 cent per share. The consensus estimate for Lovesac's quarterly revenue is $154.17 million. Last year, it reported $149.91 million in revenue, according to Benzinga Pro.On Nov. 20, Lovesac named Wan Ling Martello to its board of directors.Shares of L ...

Core Insights - The Lovesac Company is set to release its third-quarter earnings results on December 11, with analysts predicting a loss of 46 cents per share compared to a loss of 1 cent per share in the same quarter last year [1] - The expected quarterly revenue for Lovesac is $154.17 million, which shows a slight increase from last year's revenue of $149.91 million [1] Analyst Ratings - Maxim Group analyst Tim Forte maintains a Buy rating with a revised price target of $33, down from $38 [3] - DA Davidson analyst Michael Baker also holds a Buy rating with a price target of $24 [3] - Canaccord Genuity analyst Maria Ripps maintains a Buy rating with a price target of $30 [3] - Oppenheimer analyst Brian Nagel has an Outperform rating with a price target of $35 [3] - Roth MKM analyst Matt Koranda maintains a Buy rating and has raised the price target from $22 to $28 [3] Stock Performance - Shares of Lovesac fell by 1.5%, closing at $13.74 [2]

Martela Corporation, inside information, 10.12.2025, at 15:30 The development of revenue and order intake has been weaker than expected during the current quarter on Martela's key market areas. The margin development on projects and deliveries has continued to be positive in the second half of the year, but the margin levels have developed slightly below previous expectations. Due to these reasons, Martela is lowering its full-year profit forecast. New guidance for 2025: Martela Group's full-year 2025 reven ...

MONROE, Mich., Dec. 09, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that William (Bill) Boor has joined the company’s Board of Directors, effective December 8, 2025. “We are pleased to welcome Bill to our Board of Directors and look forward to his insights and contributions,” said Melinda Whittington, Board Chair, President and Chief Executive Officer. “With a long history of service as both a public comp ...

Group 1 - HNI Corporation is considered one of the best dividend stocks to buy, with an average price target suggesting a 65% upside and a Street high indicating a 78% upside [1][3] - On December 5, HNI and Steelcase Inc. announced that shareholders of HNI agreed to vote for the issuance of HNI common shares to Steelcase common stockholders under the Merger Agreement, with Steelcase shareholders also voting in favor [2][3] - The merger between HNI and Steelcase is set to conclude on December 10, 2025, following a strong majority backing from shareholders of both companies [3] Group 2 - HNI Corporation declared a quarterly dividend of $0.34 per share on November 5, which was distributed on December 1 to shareholders listed as of November 17 [4] - HNI designs, manufactures, and sells office furniture and residential building products primarily in the United States and Canada [4]