Here's What Lifted Lovesac Stock Higher Today [Yahoo! Finance]
The Lovesac Company (LOVE)
Last the lovesac company earnings: 4/16 07:00 am
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Source: Yahoo! Finance
Shares of furniture business Lovesac (NASDAQ: LOVE) lifted higher on Thursday after the company reported financial results for its fiscal second quarter of 2025. As of 10:50 a.m. ET, Lovesac stock was up an impressive 25%. Lovesac gives investors acceptable numbers For Q2, Lovesac's management had said it expected net sales of $152 million to $160 million and a net loss of $6 million to $8 million. On the top line, the company performed within this guidance by generating net sales of nearly $157 million. And it performed a hair better on the bottom line, with a net loss of only $5.9 million. Looking ahead to the rest of its fiscal 2025, Lovesac's management wasn't overwhelmingly bullish with its guidance. Previously, it thought it might generate up to $770 million in full-year net sales, but now it thinks $735 million will be the high end. Moreover, it had hoped it could earn up to $27 million in net income but now will try to muster $21 million. Can Lovesac stock keep rising
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News
- Lovesac Introduces Sactionals Reclining Seat: The World's Most Innovative Power Recliner [Yahoo! Finance]Yahoo! Finance
- Lovesac Introduces Sactionals Reclining Seat: The World's Most Innovative Power ReclinerPR Newswire
- The Lovesac Company (NASDAQ: LOVE) had its price target raised by analysts at Roth Mkm from $31.00 to $35.00. They now have a "buy" rating on the stock.MarketBeat
- The 7 best bean bag chairs for adults, kids, outdoors [Business Insider]Business Insider
- The Lovesac Company to Host Investor DayGlobeNewswire
LOVE
Earnings
- 9/12/24 - Beat
LOVE
Sec Filings
- 11/19/24 - Form 4
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- LOVE's page on the SEC website