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Lovesac (LOVE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research·
Lovesac (LOVE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Lovesac reported Q2 revenue of $161.25 million, a 0.5% year-over-year increase but missing Wall Street's consensus estimate of $163.39 million by 1.31%. The company posted an EPS of -$0.35, beating the consensus estimate of -$0.39 by 10.26%. Showroom sales grew 4.6% year-over-year, while Internet sales declined 5.4% and Other sales fell 23.3%. The stock has underperformed the broader market, declining 7.3% over the past month.

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