The Lovesac Company (LOVE) Tops Q4 EPS by $1.49

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Go back to The Lovesac Company (LOVE) Tops Q4 EPS by $1.49

The Lovesac Company Reports Fourth Quarter and Record Fiscal 2022 Financial Results

March 29, 2022 7:00 AM EDT

Net Sales Growth of 51.3% in Fourth Quarter and 55.3% in Fiscal 2022Comparable Sales Growth of 50.0% in Fourth Quarter and 46.9% in Fiscal 2022Net Income Increases to $45.9 million in Fiscal 2022 from $14.7 million in Fiscal 2021Adjusted EBITDA1 Increases to $55.5 million in Fiscal 2022 from $28.3 million in Fiscal 2021

STAMFORD, Conn., March 29, 2022 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (Lovesac or the Company), the home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the fourth quarter and fiscal year 2022, which ended January 30,... More