Lovesac Continues To Expect FY24 Net Sales Of $700M-$740M (Consensus $729.08M), EPS Of $1.83-$2.24 (Consensus $2.09)
Portfolio Pulse from Benzinga Newsdesk
Lovesac expects FY24 net sales of $700M-$740M, with EPS of $1.83-$2.24, in line with consensus estimates of $729.08M and $2.09 respectively.
June 07, 2023 | 11:08 am
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NEUTRAL IMPACT
Lovesac's FY24 net sales and EPS projections are in line with consensus estimates, indicating stable growth.
Lovesac's FY24 net sales and EPS projections are in line with consensus estimates, which indicates that the company's growth is stable and as expected by the market. This news is highly relevant to LOVE and important for investors, but the neutral score reflects that the projections are already in line with expectations, so the stock price is unlikely to experience significant short-term fluctuations due to this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100