LOVE News and Press, The Lovesac Company From 03/28/23

2023-03-28 07:06:04 ET Lovesac press release ( NASDAQ: LOVE ): Q4 GAAP EPS of $1.74 misses by $0.01 . Revenue of $238.8M (+21.7% Y/Y) beats by $19.67M . CEO comment: “Looking ahead to fiscal 2024, we will continue to surgically invest in growth initiativ...

Net Sale s Growth of 21.7% in Fourth Quarter and 30.8% in Fiscal 2023 Comparable Sales Growth of 16.2% in Fourth Quarter and 21.9% in Fiscal 2023 Net Income of $27.6 million in Fourth Quarter compared to $32.6 million in Last Year Quarter Net Income of $28.2 million in...

2023-03-27 13:57:25 ET Lovesac ( NASDAQ: LOVE ) is scheduled to announce Q4 earnings results on Tuesday, March 28th, before market open. The consensus EPS Estimate is $1.96 (-3.4% Y/Y) and the consensus Revenue Estimate is $219.13M (+11.7% Y/Y). Over the last 1 year, L...

2023-03-15 00:42:41 ET Summary Lovesac is a small, yet profitable growth company with 1% market share in its category. Sactionals cater to a niche market of mid-20s to 40-something year old's willing to spend top dollar for high quality and functionality. Lovesac has a reasona...

STAMFORD, Conn., March 14, 2023 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced that its fourth quarter and fiscal 2023 financial results will be released before market open on Tuesday, March 28, 2023. The Company will host a conference call at 8:30 a.m. Eastern Time to dis...

Summary Distribution increases and product innovation should power results. Lovesac stock doesn't look expensive given its growth profile. FY24 could be a challenge, but long term looks solid. While FY24 could be challenging against a difficult macro backdrop, Lovesac ( ...

Summary The Refinitiv U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a weak 22.9% decline over last year’s levels. Our metrics show that ten of 11 consumer-related industries have turned neg...

Summary Shares of Lovesac have soared 30% this year after sharp declines in 2022. The outlook for the company doesn't look much brighter, with sales growth decelerating and inventory piling. In addition, gross margins are being pressured by higher freight costs and more aggressive d...

The following slide deck was published by The Lovesac Company in conjunction with this event. For further details see: Lovesac (LOVE) Presents At ICR Conference 2023 - Slideshow

Summary Mohawk Industries has done well to grow sales recently, though profits and cash flows have been quite mixed. Despite some mixed results, shares of the business look to be cheap on an absolute basis and are cheap relative to some of its peers. Even if the firm sees some pain ...