The Lovesac Company (LOVE) Tops Q4 EPS by 13c

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The Lovesac Company Announces Fourth Quarter and Fiscal 2019 Financial Results

April 30, 2019 7:01 AM EDT

Fourth Quarter Net Sales Increase of 64.4%; Comparable Sales Increase of 52.2%Fiscal 2019 Net Sales Increase of 62.9%; Comparable Sales Increase of 43.8%Q419 EBITDA increase to $8.9 million from $3.4 million in Q418; Adjusted EBITDA of $10.0 million vs. $6.0 million in Q418Fiscal 2019 EBITDA of ($3.9) million vs. ($2.7) million in Fiscal 2018; Adjusted EBITDA increase to $3.4 million from $1.3 million in Fiscal 2018

STAMFORD, Conn., April 30, 2019 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced its financial results for the fourth quarter and fiscal year 2019, which ended February 3, 2019.

Shawn Nelson, Chief... More