The Lovesac Company (LOVE) Tops Q4 EPS by 79c, Revenues Beat

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Go back to The Lovesac Company (LOVE) Tops Q4 EPS by 79c, Revenues Beat

The Lovesac Company Reports Record Fourth Quarter and Fiscal 2021 Financial Results

April 14, 2021 7:00 AM EDT

Net Sales Growth of 40.7% in Fourth Quarter and 37.4% in Fiscal 2021Comparable Sales Growth of 45.0% in Fourth Quarter and 53.0% in Fiscal 2021Net Income (Loss) Increase to $14.7 million from $(15.2) million in Fiscal 2021Adjusted EBITDA Increase to $28.3 million from $(3.7) million in Fiscal 2021

STAMFORD, Conn., April 14, 2021 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (Lovesac or the Company) today announced record financial results for the fourth quarter and fiscal year 2021, which ended January 31, 2021.

Shawn Nelson, Chief Executive Officer, stated, Lovesac delivered landmark results in fiscal 2021, as the power of our model,... More