earnings
confidence high
sentiment negative
materiality 0.70
Lovesac Q2 FY25 net loss widens to $5.9M; revenue up 1.3% to $156.6M
Lovesac Co
2025-Q2 EPS
reported -$1.21
vs consensus -$0.81
▼ miss
(-49.5%)
- Net loss of $5.9M vs $0.6M loss last year; diluted EPS -$0.38 vs -$0.04.
- Net sales rose 1.3% to $156.6M, driven by 7% internet sales growth.
- Gross margin fell 80bps to 59.0%; SG&A increased 15.4% to $73.7M.
- Adjusted EBITDA dropped 71.7% to $1.5M from $5.3M a year ago.
- First half net sales down 2.2% to $289.2M; company plans cautiously for H2 headwinds.