Lovesac Expects Q2 Net Sales Of $149M-$151M (Consensus $151.82M), EPS Of $(0.12)-$(0.16)
Portfolio Pulse from Benzinga Newsdesk
Lovesac expects Q2 net sales to be between $149M-$151M, slightly below the consensus estimate of $151.82M. The company also anticipates an EPS of $(0.12)-$(0.16).
June 07, 2023 | 11:10 am
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Lovesac's Q2 net sales are expected to be slightly below consensus estimates, with an EPS of $(0.12)-$(0.16).
Lovesac's lower-than-expected Q2 net sales and negative EPS may lead to a short-term negative impact on the stock price. Investors may be concerned about the company's performance, causing a decrease in demand for the stock and a potential drop in its price.
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