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Investing.com -- On Thursday, The Lovesac Company (NASDAQ:LOVE), the furniture retailer, reported fourth quarter earnings and revenue that beat analyst expectations.
The company's stock surged over 16% in premarket trading after the release.
The company posted Q4 adjusted earnings per share of $2.13, surpassing the consensus estimate of $1.87. Revenue for the quarter came in at $241.5 million, topping expectations of $230.33 million.
Compared to the same quarter last year, net sales decreased 3.6% to $241.5 million. However, net income rose 14.1% YoY to $35.3 million.
"After a slow start to the holiday selling season, strong execution by our teams dramatically improved conversion of customer quotes to sales throughout the remainder of the fourth quarter," said CEO Shawn Nelson.
For the full fiscal year 2025, Lovesac reported net sales of $680.6 million, down 2.8% from the previous year. Net income for the year fell 51.6% to $11.6 million.
Looking ahead, the company provided guidance for fiscal 2026, projecting full-year revenue between $700 million and $750 million, compared to analyst estimates of $713 million. Lovesac expects adjusted EPS in the range of $0.80 to $1.36, versus the $0.98 consensus.
The strong quarterly results and upbeat outlook drove the stock's sharp rise in early trading. Investors appear encouraged by Lovesac's ability to grow profits despite challenging macroeconomic conditions.