LOVE News and Press, The Lovesac Company From 07/01/22

STAMFORD, Conn., July 01, 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 that Vineet Mehra has been appoi...

STAMFORD, Conn., June 27, 2022 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”) announced today that it has reached an agreement to amicably resolve its patent litigation against Stitch Industries, Inc. dba Joybird, a unit of La...

Strong financial performance in the first quarter with double-digit sales growth across all distribution channels. Gross margin has contracted due to the increased inbound transportation costs, despite the improving product margin. Declining consumer confidence can result in lower...

2022 has been a difficult year for investors, with the Nasdaq Composite down 30% year to date. Like every previous sell-off, some otherwise solid stocks have been caught up in the broader sell-off and are waiting to rebound off the bottom. A simple strategy to find stocks that could...

The Lovesac Company ( NASDAQ: LOVE ) stock dropped 25% after the home furnishing brand announced its first quarter financial results for 2023. Net sales in the first-quarter increased by 56% while Comparable Sales grew by 42.2%. However, year-over-year net income decreased from ...

Shares of Lovesac (NASDAQ: LOVE) recently dropped more than 15% after the company announced results from its fiscal first quarter. Jittery investors heard management mention "supply chain headwinds" and hit the sell button before thinking it through. Shares of the modular so...

The Lovesac Company (LOVE) Q1 2023 Earnings Conference Call June 08, 2022, 08:30 AM ET Company Participants Rachel Schacter - ICR, IR Shawn Nelson - CEO Mary Fox - President and COO Donna Dellomo - CFO Jack Krause - Chief Strategy Officer Conference Call Participants Thomas Forte - D.A. David...

Shares of Lovesac (NASDAQ: LOVE) were down 10.3% as of 12:08 p.m. ET on Wednesday after the company delivered results for its fiscal 2023 first quarter. For the period, which ended May 1, net sales grew 56% year over year, beating analysts' consensus estimate. Though its gross m...

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