Brief: Lovesac Company Reports First Quarter Results

Lovesac Co

07/06/2023 12:19

June 7 (Reuters) - Lovesac Co  LOVE.O :
    * THE LOVESAC COMPANY REPORTS FIRST QUARTER FISCAL 2024
FINANCIAL
RESULTS
    * LOVESAC CO Q1 REVENUE USD 141.20 MILLION
    * LOVESAC CO Q1 LOSS PER SHARE $0.28
    * LOVESAC CO - CONTINUES TO EXPECT 2024 NET SALES IN RANGE
OF
$700.0 MILLION TO $740.0 MILLION
    * LOVESAC CO - CONTINUES TO EXPECT 2024 DILUTED INCOME PER
COMMON
SHARE IN RANGE OF $1.83 TO $2.24
    * LOVESAC CO - CURRENTLY EXPECTS Q2 NET SALES IN RANGE OF
$149.0
MILLION TO $151.0 MILLION
    * LOVESAC CO - EXPECTS Q2 DILUTED LOSS PER COMMON SHARE IN
RANGE
OF $0.12 TO $0.16
    * LOVESAC CO - EXPECT UNFAVORABLE MACRO-ECONOMIC CONDITIONS
TO
CONTINUE IN COMING QUARTERS

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