The Lovesac Company (LOVE) Tops Q2 EPS by 6c

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Go back to The Lovesac Company (LOVE) Tops Q2 EPS by 6c

The Lovesac Company Reports Second Quarter Fiscal 2023 Financial Results

September 8, 2022 7:00 AM EDT

Net Sales Growth of 45.0% Comparable Sales Growth of 31.1%

STAMFORD, Conn., Sept. 08, 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 second quarter of fiscal 2023, which ended July 31, 2022.

Shawn Nelson, Chief Executive Officer, stated, We are pleased with our second quarter results with top and bottom line performance that exceeded expectations including total net sales growth of 45% and Adjusted EBITDA of $14.1 million. We delivered these results... More