Lovesac's (LOVE) Shares Up on Narrower Than Expected Q1 Loss [Yahoo! Finance]
The Lovesac Company (LOVE)
Last the lovesac company earnings: 4/16 07:00 am
Check Earnings Report
Company Research
Source: Yahoo! Finance
However, on a year-over-year basis, net sales declined and the adjusted loss widened. The quarter's results reflect a 14.8% decline in omnichannel comparable net sales and a 9% decline in internet sales. This downtick was reflected in the soft contributions from the company's reportable segments and was partially offset by the net addition of 35 new showrooms compared with the year-ago period. Furthermore, an increase in outbound transportation and warehousing costs accompanied by a rise in overhead expenses, payroll, rent and selling-related expenses marred the bottom line. Nonetheless, going forward, the company aims to focus on its omnichannel infinity flywheel, which has been designed for the life platform and advantaged supply chain. The omnichannel infinity flywheel is expected to deliver outperforming results and capitalize on the market opportunities. Following the earnings release, Lovesac's shares gained 1.1% during trading hours on Jun 13. Inside the Numbers In
Show less
Read more
Impact Snapshot
Event Time:
LOVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LOVE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LOVE alerts
High impacting The Lovesac Company news events
Weekly update
A roundup of the hottest topics
LOVE
News
- Push Yourself Out of the Nest [Forbes]Forbes
- Lovesac: With Near-Zero Growth, This Brand Is Headed For The Rocks (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Lovesac: Innovative Products But Valuation Now Too High [Seeking Alpha]Seeking Alpha
- Lovesac Introduces AnyTable, the First Fully Customizable Table Solution Designed to Transform Your Living Space [Yahoo! Finance]Yahoo! Finance
- Lovesac Introduces AnyTable, the First Fully Customizable Table Solution Designed to Transform Your Living SpacePR Newswire
LOVE
Earnings
- 9/12/24 - Beat
LOVE
Sec Filings
- 9/12/24 - Form 10-Q
- 9/12/24 - Form 8-K
- 8/14/24 - Form SC
- LOVE's page on the SEC website