The Lovesac Company (LOVE) Tops Q1 EPS by 9c, Revenues Beat

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Go back to The Lovesac Company (LOVE) Tops Q1 EPS by 9c, Revenues Beat

The Lovesac Company Announces First Quarter Fiscal 2021 Financial Results

June 9, 2020 7:00 AM EDT

First Quarter Net Sales Increased 32.8% First Quarter Comparable Sales Increased 50.0%

STAMFORD, Conn., June 09, 2020 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (Lovesac or the Company) today announced its financial results for the first quarter of fiscal 2021, which ended May 3, 2020.

Shawn Nelson, Chief Executive Officer, stated, Amid the global dislocation caused by the COVID-19 pandemic, Lovesacs first quarter results affirm the resilience and compassion of our team, the benefit of our diversified channel mix, and the fundamental appeal of the Lovesac brand.  These positive attributes contributed to the quarters strong... More