Brief: The Lovesac Company Reports Fourth Quarter And Fiscal 2023 Financial Results

Lovesac Co

28/03/2023 15:30

March 28 (Reuters) - Lovesac Co  LOVE.O :
    * THE LOVESAC COMPANY REPORTS RECORD FOURTH QUARTER AND
FISCAL
2023 FINANCIAL RESULTS
    * COMPARABLE SALES GROWTH OF 16.2% IN Q4
    * SEES FISCAL 2024 NET SALES IN RANGE OF $700 MILLION TO
$740
MILLION
    * SEES FISCAL 2024 DILUTED INCOME PER COMMON SHARE IN RANGE
OF
$1.83 TO $2.24
    * SEES Q1 NET SALES IN RANGE OF $133 MILLION TO $136 MILLION
    * SEES Q1 DILUTED LOSS PER COMMON SHARE IN RANGE OF $0.36 TO
$0.37
    * QTRLY NET SALES $238.8 MILLION VERSUS $196.2 MILLION
    * Q4 REVENUE VIEW $217.6 MILLION -- REFINITIV IBES DATA
    * Q1 EARNINGS PER SHARE VIEW $-0.06, REVENUE VIEW $134.3
MILLION
-- REFINITIV IBES DATA
    * FY2024 EARNINGS PER SHARE VIEW $2.10, REVENUE VIEW $692.3
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8FKnqk 
Further company coverage:  LOVE.O 

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