Q2 Earnings Highlights: Lovesac (NASDAQ:LOVE) Vs The Rest Of The Home Furnishings Stocks [Yahoo! Finance]
The Lovesac Company (LOVE)
Last the lovesac company earnings: 4/16 07:00 am
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Source: Yahoo! Finance
A healthy housing market is good for furniture demand as more consumers are buying, renting, moving, and renovating. On the other hand, periods of economic weakness or high interest rates discourage home sales and can squelch demand. In addition, home furnishing companies must contend with shifting consumer preferences such as the growing propensity to buy goods online, including big things like mattresses and sofas that were once thought to be immune from e-commerce competition. The 6 home furnishings stocks we track reported a slower Q2. As a group, revenues missed analysts' consensus estimates by 1.3% while next quarter's revenue guidance was 3.7% below. The Fed cut its policy rate by 50bps (half a percent) in September 2024, the first in roughly four years. This marks the end of its most pointed inflation-busting campaign since the 1980s. While CPI (inflation) readings have been supportive lately, employment measures have bordered on worrisome. The markets will be assessing w
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LOVE
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