The Lovesac Company (LOVE) Tops Q3 EPS by 21c

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The Lovesac Company Reports Third Quarter Fiscal 2023 Financial Results

December 7, 2022 7:00 AM EST

Net Sales Growth of 15.5%Comparable Sales Growth of 8.9%

STAMFORD, Conn., Dec. 07, 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 third quarter of fiscal 2023, which ended October 30, 2022.

Shawn Nelson, Chief Executive Officer, stated, Against a challenging backdrop, Lovesacs third quarter results provide the latest validation of a well-executed and balanced omni-channel strategy paired with truly innovative products. These results illustrate the continued momentum from our... More