The Lovesac Company Reports Second Quarter Fiscal 2025 Financial Results

Q2 FY25 Net sales growth of 1.3% to $156.6 million

STAMFORD, Conn., Sept. 12, 2024 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the furniture brand best known for its Sactionals, the world’s most customizable sofa, today announced financial results for the second quarter of its fiscal year 2025, ended August 4, 2024.

Shawn Nelson, Chief Executive Officer, said: “Our second quarter results were in line with our expectations as we continued to deliver market share gains in a challenging industry environment. We are pleased with the incredible reception we have seen to the product innovation we have delivered recently through our PillowSac Accent Chair and our recently launched AnyTable. We are excited to build on the momentum we are driving by expanding our offering, and while we are planning cautiously for the second half of the year given category headwinds, we believe we are well positioned to achieve both our near- and long-term goals.”