earnings
confidence high
sentiment positive
materiality 0.80
Lovesac Q2 net sales up 65% to $102.4M; net income $8.4M vs $1.1M loss
Lovesac Co
2022-Q2 EPS reported
$0.66
revenue$185,362,758
- Net sales $102.4M (+65.4% YoY); comparable sales +39.5%.
- Net income $8.4M vs $(1.1M) loss; diluted EPS $0.52 vs $(0.08).
- Gross margin expanded to 57.6% from 50.1% (749 bps improvement).
- Adjusted EBITDA $12.4M vs $2.2M (up 467.5%).
- CEO cites 14 consecutive quarters of 25%+ sales growth.