Lovesac Revised Fiscal 2025 Outlook: Now Sees Net Sales Of $700M-$735M (Vs. $700M-$770M Prior) Vs. $732.2M Estimate; Diluted EPS Of $1.01-$1.26 (From $1.06-$1.59 Prior) Vs. $1.23 Estimate
Portfolio Pulse from Benzinga Newsdesk
Lovesac has revised its fiscal 2025 outlook, lowering its net sales forecast to $700M-$735M from the previous $700M-$770M, compared to a $732.2M estimate. The diluted EPS is now expected to be $1.01-$1.26, down from $1.06-$1.59, against a $1.23 estimate.

September 12, 2024 | 11:08 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Lovesac has lowered its fiscal 2025 net sales and EPS outlook, which may lead to a negative short-term impact on its stock price as the revised figures are below previous estimates and market expectations.
The revision of Lovesac's fiscal 2025 outlook to lower net sales and EPS figures suggests potential challenges in meeting previous expectations. This could lead to a negative sentiment among investors, likely causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100