Reported 1 day ago
Lovesac Company's shares fell in premarket trading following its second-quarter report, which revealed a loss of 45 cents per share and sales growth of 2.5% year-over-year to $160.53 million. Despite the increase in showrooms and sales, the company faced margin pressures and reduced its fiscal 2026 EPS guidance to $0.52-$1.05. CEO Shawn Nelson expressed confidence in long-term value despite the evolving tariff landscape.
Source: YAHOO