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LOVE News and Press, The Lovesac Company From 06/08/22

Stock Information

Company Name: The Lovesac Company
Stock Symbol: LOVE
Market: NASDAQ
Website: lovesac.com

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LOVE - The Lovesac Company (LOVE) Q1 2023 Earnings Call Transcript

Image source: The Motley Fool. The Lovesac Company (NASDAQ: LOVE) Q1 2023 Earnings Call Jun 08, 2022 , 8:30 a.m. ET Operator Continue reading For further details see: The Lovesac Company (LOVE) Q1 2023 Earnings Call Transcript

LOVE - China Petroleum & Chemical, Credit Suisse Group, The Scotts Miracle-Gro among premarket losers' pack

Rigel Pharmaceuticals (RIGL) -49% after reports top-line results from FORWARD Phase 3 trial of Fostamatinib in patients with warm autoimmune hemolytic anemia. AeroClean Technologies (AERC) -17%. The Scotts Miracle-Gro SMG -13% as it cuts revenue and EPS outlook for FY2022....

LOVE - Lovesac trades higher after earnings topper

The Lovesac Company (NASDAQ:LOVE) gained in early trading on Wednesday after reporting a 42.2% rise in comparable sales during Q1 with strong growth seen across showrooms and on the Internet. Total sales rose 56% during the quarter to outpace the 44.8% increase in operating expenses. Gross ma...

LOVE - Lovesac GAAP EPS of $0.12 beats by $0.33, revenue of $129.4M beats by $14.59M

Lovesac press release (NASDAQ:LOVE): Q1 GAAP EPS of $0.12 beats by $0.33. Revenue of $129.4M (+56.1% Y/Y) beats by $14.59M. Total comparable sales up 42.2%. CEO comment: "Looking ahead, we continue to focus on product innovation, most obviously represented by our still-new StealthTech invisib...

LOVE - The Lovesac Company Reports First Quarter Fiscal 2023 Financial Results

Net Sales Growth of 56.0% Comparable Sales Growth of 42.2% Net Income Decreases to $1.9 million from $2.1 million in the Prior Year Period Adjusted EBITDA 1 Increases to $6.4 million from $5.3 million in the Prior Year Period STAMFORD, Conn....

LOVE - Lovesac Q1 2023 Earnings Preview

Lovesac (NASDAQ:LOVE) is scheduled to announce Q1 earnings results on Wednesday, June 8th, before market open. The consensus EPS Estimate is -$0.20 (-53.8% Y/Y) and the consensus Revenue Estimate is $114.81M (+38.5% Y/Y). Over the last 2 years, LOVE has beaten EPS estimates 75% of the time an...

LOVE - The Lovesac Company Announces Participation in Upcoming Investor Conferences

STAMFORD, Conn., May 26, 2022 (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 its participation in the followin...

LOVE - The Lovesac Company Announces First Quarter Conference Call Date

STAMFORD, Conn., May 25, 2022 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced that its financial results for the first quarter will be released before market open on Wednesday, June 8, 2022. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss ...

LOVE - Purple Innovation: In For A Hard Time

Purple Innovation had a solid track record of attractive growth in terms of revenue. Current guidance, however, looks discouraging, and the company's bottom line has been disappointing. Overall, this does not look like a reasonable investment for investors to consider. For f...

LOVE - Q1 2022 Retail Preview: Inflation And Supply Chain Problems Create A Perfect Storm

In addition to rampant inflation in the price of grain and other foodstuffs, the markets are seeing a major supply shortfall of cooking oils, including sunflower and palm oils, that is causing their prices to surge as well. Looking ahead to Q2 2022, 15 retailers issued negative preann...

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