The Lovesac Company (LOVE) Tops Q1 EPS by 12c, Offers Guidance

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Go back to The Lovesac Company (LOVE) Tops Q1 EPS by 12c, Offers Guidance

The Lovesac Company Reports First Quarter Fiscal 2025 Financial Results

June 13, 2024 7:00 AM EDT

Q1 FY25 Net Sales of $132.6 Million
Reaffirms Full Year Fiscal 2025 Outlook

STAMFORD, Conn., June 13, 2024 (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 first quarter of fiscal 2025, which ended May 5, 2024.

Shawn Nelson, Chief Executive Officer, stated, We are pleased to deliver first quarter performance inline to slightly above the high end of our expectations. Our results reflect continued outperformance compared to the industry... More