Here's What Lifted Lovesac Stock Higher Today
LOVEThe Lovesac pany(LOVE) The Motley Fool·2024-09-12 23:26

The company is navigating a slowing economy but expects strong results to end the year.Shares of furniture business Lovesac (LOVE 25.31%) lifted higher on Thursday after the company reported financial results for its fiscal second quarter of 2025. As of 10:50 a.m. ET, Lovesac stock was up an impressive 25%.Lovesac gives investors acceptable numbersFor Q2, Lovesac's management had said it expected net sales of 152millionto152 million to 160 million and a net loss of 6millionto6 million to 8 million. On the top line, the compa ...