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Aug 04, 2024
Lovesac Q2 2025 Earnings Report
Reported Q2 Fiscal 2025 financial results with net sales growth driven by new showrooms, offset by a decrease in omni-channel comparable net sales.
Key Takeaways
The Lovesac Company announced its Q2 Fiscal 2025 results, showing a 1.3% increase in net sales to $156.6 million. This growth was primarily driven by the addition of new showrooms, although it was partially offset by a decrease in omni-channel comparable net sales. The company is managing category headwinds while focusing on product innovation and market share gains.
Net sales increased by 1.3% to $156.6 million compared to the prior year.
Gross profit remained flat, while gross margin decreased by 80 basis points to 59.0%.
Operating loss was $8.4 million, compared to $1.0 million in the prior year.
Net loss was $5.9 million, or $(0.38) per share, compared to $0.6 million, or $(0.04) per share in the prior year.
Revenue by Segment
Forward Guidance
The Company expects net sales in the range of $152 million to $160 million for the third quarter of fiscal 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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