What's Going On With Home Furnishing Brand Lovesac Shares After Q1 Earnings?
What's Going On With Home Furnishing Brand Lovesac Shares After Q1 Earnings?
The Lovesac Company (NASDAQ:LOVE) shares are trading higher after the company reported first-quarter results.
The Lovesac公司（納斯達克股票代碼: LOVE）的股票價格在公司公佈第一季度業績後上漲。
The company reported a quarterly loss per share of $0.83, narrower than the analyst consensus loss estimate of $0.96. Lovesac's sales totaled $132.64 million, beating the street view of $128.07 million.
公司每股虧損爲0.83美元，小於分析師平均預期虧損0.96美元。Lovesac的銷售額爲1.3264億美元，優於預期的1.2807億美元。
Net sales decreased 6.1% year over year, primarily due to a 14.8% decrease in omni-channel comparable net sales.
淨銷售額同比下降6.1％，主要是由於全渠道可比淨銷售額下降14.8％。
Gross profit increased by 2.1%, while gross margin increased 430 basis points to 54.3%.
毛利潤增加2.1％，毛利率增加430個點子至54.3％。
The cash and cash equivalents balance as of May 5 was $72.4 million. Total merchandise inventory was $94.7 million, as compared to $104.5 million a year ago.
截至5月5日，現金及現金等價物餘額爲7240萬美元。商品存貨總額爲9470萬美元，相比一年前的1.045億美元有所下降。
During the first quarter, the firm opened 24 additional showrooms and closed three and five kiosks.
在第一季度，公司新增了24個展廳，關閉了3個展廳和5個移動櫃台。
Outlook: Lovesac reaffirmed fiscal 2025 outlook. It sees net sales of $700 million-$770 million versus $714.53 million estimate. The firm projects diluted EPS of $1.06-$1.59 versus a $1.23 estimate.
展望未來：Lovesac重申了2025財年的展望，預計淨銷售額爲7.0億至7.7億美元，而非分析師預期的7.1453億美元。公司預計攤薄後每股收益爲1.06至1.59美元，而非1.23美元的預期。
Lovesac sees second-quarter net sales of $152 million-$160 million versus $156.18 million estimate. The firm projects a basic loss per share of $0.37 – $0.53 versus a $0.07 loss estimate.
Lovesac認爲第二季度的淨銷售額爲1.52億至1.6億美元，而非分析師預期的1.5618億美元。公司預計基本每股虧損爲0.37-0.53美元，而非虧損0.07美元的預期。
Price Action: LOVE shares are trading higher by 0.81% to $26.19 at last check Thursday.
截至週四最後檢查時，LOVE的股價上漲0.81％，至26.19美元。
Photo via Company
照片來自公司
譯文內容由第三人軟體翻譯。