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Lovesac Set to Report Q3 Results Before the Open as Wall Street Sees Wider Loss

Consensus calls for $154.17 million revenue with a $0.46 per-share loss.

Overview

  • The company plans to release third-quarter results before the opening bell on Thursday, Dec. 11.
  • Forecasts compare with last year’s $149.91 million in revenue and a $0.01 loss per share.
  • Shares closed down 1.5% at $13.74 on Wednesday ahead of the report.
  • Recent analyst notes kept Buy or Outperform ratings with varied targets from $24 to $35, including adjustments in April and September.
  • Lovesac added Wan Ling Martello to its board of directors on Nov. 20.