The Lovesac Company (LOVE) Tops Q3 EPS by 15c, Offers Guidance

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The Lovesac Company Reports Third Quarter Fiscal 2024 Financial Results

December 6, 2023 7:00 AM EST

Net Sales Growth of 14.3%
Net loss improves 68.2%

STAMFORD, Conn., Dec. 06, 2023 (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 2024, which ended October 29, 2023.

Shawn Nelson, Chief Executive Officer, stated, We delivered another quarter of strong financial results and category outperformance highlighted by 14.3% net sales growth on top of 15.5% net sales growth in the fiscal third quarter of... More