The Lovesac Company (LOVE) Misses Q3 EPS by 4c, Guidance Misses

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The Lovesac Company Reports Third Quarter Fiscal 2025 Financial Results

December 12, 2024 7:00 AM EST

Q3 FY25 Net Sales of $149.9 Million

STAMFORD, Conn., Dec. 12, 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 third quarter of fiscal 2025, which ended November 3, 2024.

Shawn Nelson, Chief Executive Officer, stated, Near-term headwinds for our category clearly persisted through the pre-election period. However, we gained market share and strengthened our competitive position through our relentless focus on product innovation and operational excellence. Our expanding portfolio of... More