Lovesac reports Q2 EPS (45c) vs (38c) last year

Reports Q2 revenue $160.5M, consensus $160.42M. Shawn Nelson, Chief Executive Officer, stated, “We’re pleased to have delivered another quarter of market share gains underpinned by our secular growth initiatives across Designed for Life product platforms and efficient customer acquisition engines. Our operational discipline continues to drive operating expense leverage even as we maintain an investment stance for innovation and long-term growth. Our financial and operational performance, despite ongoing category headwinds, further bolsters our confidence as we move forward and transition from a product-focused company to a true brand. With this as our focus, we have refined our strategic roadmap and are evolving our brand positioning to support our growth into a multi-faceted home brand with an organized and prioritized product hierarchy and merchandising strategy. Looking ahead, while we balance near-term industry dynamics amidst the evolving tariff landscape with our ongoing secular tailwinds, we remain confident in our objective to deliver meaningful long-term value as we aim to build the most loved home brand in America.”