The Lovesac Company Announces Second Quarter Fiscal 2020 Financial Results

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Go back to The Lovesac Company Announces Second Quarter Fiscal 2020 Financial Results

The Lovesac Company (LOVE) Tops Q2 EPS by 19c

September 11, 2019 7:03 AM EDT

The Lovesac Company (NASDAQ: LOVE) reported Q2 EPS of ($0.31), $0.19 better than the analyst estimate of ($0.50). Revenue for the quarter came in at $48.1 million versus the consensus estimate of $47.7 million.

Shawn Nelson, Chief Executive Officer, stated, We reported a strong second quarter with revenue growth of close to 45%, as the entire team is executing our strategies to expand the Lovesac brand and deliver on our near and longer term goals. We are further strengthening our multi-channel model with the addition of productive new showrooms, the expansion of our pop up shop business... More