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Lovesac Sees Q2 Net Sales Of $152M-$160M Vs. $156.18M Estimate; Projects Basic Loss Per Share Of $(0.37)-$(0.53) Vs. $(0.07) Estimate

Benzinga ·  Jun 13 19:11

The Company currently expects the following for the second quarter of fiscal 2025:

  • Net sales in the range of $152 million to $160 million.
  • Adjusted EBITDA1 loss in the range of $2 million to $5 million.
  • Net loss in the range of $6 million to $8 million.
  • Basic loss per common share in the range of $0.37 to $0.53 on approximately 15.6 million estimated weighted average shares outstanding.
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