The Lovesac Company (LOVE) Misses Q3 EPS by 3c, Revenues Miss

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The Lovesac Company Announces Third Quarter Fiscal 2020 Financial Results

December 12, 2019 7:01 AM EST

Third quarter net sales growth of 25%
Third quarter total comparable sales increase of 32.5%
Comparable showroom sales up 27.1%,
Comparable internet sales up 47.7%

STAMFORD, Conn., Dec. 12, 2019 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (the Company) today announced its financial results for the third quarter of fiscal 2020, which ended on November 3, 2019.

The Company announced its third quarter fiscal 2020 performance, including net sales growth of 25% and total comparable sales growth of 32.5% driven by increases in new customers as well as increases in... More