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Lovesac Q1 2024 Earnings Report

Lovesac logo
$25.56 -0.59 (-2.26%)
As of 04:00 PM Eastern

Lovesac EPS Results

Actual EPS
-$0.28
Consensus EPS
-$0.39
Beat/Miss
Beat by +$0.11
One Year Ago EPS
$0.12

Lovesac Revenue Results

Actual Revenue
$141.20 million
Expected Revenue
$133.73 million
Beat/Miss
Beat by +$7.47 million
YoY Revenue Growth
+9.10%

Lovesac Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

Lovesac Earnings Headlines

Lovesac director Krause sells 30,000 common shares
Forced out of retirement by these trades
You know, I never really intended to get in front of a camera and tell folks about a new market paradigm that I discovered. Even though I have a bright and shiny “resume,” I thought I’d left investing behind forever. And I was more than happy to be a stay-at-home dad… But then I discovered Gamma Pockets… and everything changed Now, I get it… that sounds like the corny intro to a made-for-TV movie. But in reality, these trades did absolutely transform the way I look at the market… and I’m not the only one! When I showed Roger Scott my 77 trade real-money track record, with an 80% win rate and multiple 100% winners in 5 days, he practically forced me out of retirement!
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About Lovesac

Lovesac (NASDAQ:LOVE) designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions. The Lovesac Company was founded in 1995 and is based in Stamford, Connecticut.

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