Lovesac falls on Q3 loss vs yr-ago profit

Lovesac Co

07/12/2022 13:17

** Shares of home furnishing brand Lovesac  LOVE.O  fall
8.8% to $20.51 premarket 
    ** Co reports Q3 net loss of $8.4 mln vs net income of $2.8
mln last year
    ** LOVE posts quarterly loss of $0.55/shr vs a profit of
$0.17/shr a year earlier
    ** Q3 sales up 15.5% at $134.8 mln from a year earlier
    ** Stock down 66.06% this year, as of last close
 (Reporting by Khushi Singh)
 ((Khushi.Singh@thomsonreuters.com;))