The Lovesac Company (LOVE) Tops Q3 EPS by 57c

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Go back to The Lovesac Company (LOVE) Tops Q3 EPS by 57c

The Lovesac Company Reports Third Quarter Fiscal 2022 Financial Results

December 8, 2021 7:00 AM EST

Strong Momentum Across Channels Drives 56.1% Growth in Net SalesComparable Sales Increased 47.1% on Top of 53.5% in the Prior Year PeriodNet Income Improved 11% to $2.8 millionThird Quarter Adjusted EBITDA1 of $5.8 million

STAMFORD, Conn., Dec. 08, 2021 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (Lovesac or the Company) today announced financial results for the third quarter of fiscal 2022, which ended October 31, 2021.

Shawn Nelson, Chief Executive Officer, stated, Our results for the third quarter reflect strong, sustainable and profitable growth across all sales... More