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

Shares of Lovesac (NASDAQ: LOVE) tumbled 20.6% in May, according to data provided by S&P Global Market Intelligence , on no specific company news, but rather likely on indications of a worsening economy. Rampant inflation, rising gas prices, and a housing market that app...

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

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....

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...

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...

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....

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...

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...

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 ...

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...