The Lovesac Company (LOVE) Tops Q1 EPS by 15c, Offers Guidance

The Lovesac Company (NASDAQ: LOVE) reported Q1 EPS of ($0.28), $0.15 better than the analyst estimate of ($0.43). Revenue for the quarter came in at $141.2 million versus the consensus estimate of $134.07 million.

GUIDANCE:

The Lovesac Company sees FY2024 EPS of $1.83-$2.24, versus the consensus of $2.09. The Lovesac Company sees FY2024 revenue of $700-740 million, versus the consensus of $730 million.

The Lovesac Company sees Q2 2024 EPS of $0.12-$0.18, versus the consensus of $0.14. The Lovesac Company sees Q2 2024 revenue of $149-181 million, versus the consensus of $152 million.

For earnings history and earnings-related data on The Lovesac Company (LOVE) click here.

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