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May 02, 2021
Lovesac Q1 2022 Earnings Report
Reported a net sales growth of 52.5% and comparable sales growth of 48.8%. Net income improved to $2.1 million from $(8.3) million in the prior year period, and achieved a record first quarter Adjusted EBITDA of $5.3 million.
Key Takeaways
Lovesac Company announced strong first quarter performance with a net sales growth of 52.5%, a comparable sales increase of 48.8%, and positive Adjusted EBITDA of $5.3 million.
Net sales growth of 52.5%.
Comparable sales growth of 48.8%.
Net income improved to $2.1 million from $(8.3) million in the prior year period.
Record first quarter Adjusted EBITDA of $5.3 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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