Despite recent setbacks, I am upgrading The Lovesac Company to a 'strong buy' due to its low valuation, no debt, and significant cash reserves. The company has shown impressive revenue growth, expanding its showroom count and increasing internet-related and other revenue streams, despite recent macroeconomic challenges. Management's strategic focus on launching new platforms and targeting high-income demographics positions the company for substantial future growth and market expansion.
Beyond analysts' top -and-bottom-line estimates for Lovesac (LOVE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.
As 2024 drew to a close, it seemed there wasn't a great deal of investor love for Lovesac (LOVE 2.47%). They shunned the specialty furniture maker's shares after it posted a less-than-inspiring quarterly earnings report.
Shawn Nelson, Founder and CEO of Lovesac (LOVE) joins Trading 360 to detail the company's 2024 growth picture and what lies ahead for the home furnishing company in 2025. From new "sactionals" to its upcoming EverCouch launch, Shawn shares reasons to be optimistic on the company's future.
Lovesac's Q3 results missed expectations with weak showroom sales. Still, cost control remained relatively good, and the sales were in line with industry peers. The FY2025 guidance was lowered considerably, and Lovesac seems to have a very uncertain short-term outlook. While the report wasn't a disaster, I believe that more caution is now needed in financial estimates; I believe that LOVE stock now comes with a fair margin of safety.
Couch manufacturer Lovesac (LOVE -27.10%) sprung multiple springs on Thursday. Its stock was down 25.2% through 11:40 a.m.
The Lovesac Company (NASDAQ:LOVE ) Q3 2025 Results Conference Call December 12, 2024 8:30 AM ET Company Participants Caitlin Churchill - Investor Relations Shawn Nelson - Chief Executive Officer Mary Fox - President and Chief Operating Officer Keith Siegner - Chief Financial Officer Conference Call Participants Maria Ripps - Canaccord Genuity Thomas Forte - Maxim Group Matt Koranda - Roth Capital Partners Alex Fuhrman - Craig Holland Capital Group Andrew Chasanoff - Oppenheimer Operator Greetings, and welcome to the Lovesac Third Quarter Fiscal Year 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Here is how Lovesac (LOVE) and Victoria's Secret (VSCO) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The headline numbers for Lovesac (LOVE) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lovesac (LOVE) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Lovesac (LOVE) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.15 per share a year ago.