
Lovesac Posts Wider Loss In Q3

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Lovesac reported a Q3 net loss of $10.6 million, up from $4.9 million last year, with net loss per share at $0.72. Net sales rose 0.2% to $150.2 million. For fiscal 2026, projected net sales are $685-$705 million, with income per share of $0.15-$0.49. Q4 sales are expected at $236-$256 million, with income per share of $1.88-$2.22. Shares fell 14% to $11.69 pre-market.
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