Lovesac Co reports results for the quarter ended January 31 - Earnings Summary

Lovesac Co

10/04/2025 14:31

Lovesac Co LOVE.OQ reported quarterly adjusted earnings of $2.13​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $1.87.  The mean expectation of six analysts for the quarter was for earnings of $1.87 per share. Wall Street expected results to range from $1.76  to $1.94 per share.

Revenue fell 3.6% to $241.49 million from a year ago; analysts expected $233.95 million.

Lovesac Co's reported EPS for the quarter was $2.13​.

The company reported quarterly net income of $35.31 million.

Lovesac Co shares had fallen by 12.4% this quarter and lost 32.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is also "buy"

Wall Street's median 12-month price target for Lovesac Co is $35.00

This summary was machine generated from LSEG data April 10 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jan. 31 2025
1.87
2.13
Beat
Oct. 31 2024
-0.35
-0.32
Beat
Jul. 31 2024
-0.44
-0.38
Beat
Apr. 30 2024
-0.96
-0.83
Beat