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Lovesac (NASDAQ:LOVE – Get Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.06-$1.59 for the period, compared to the consensus estimate of $1.23. The company issued revenue guidance of $700-$770 million, compared to the consensus revenue estimate of $714.48 million. Lovesac […] ....
Premier Fund Managers Ltd purchased a new position in shares of The Lovesac Company (NASDAQ:LOVE – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,414 shares of the company’s stock, valued at approximately $350,000. A number of other institutional investors and […] ....
Millrace Asset Group Inc. decreased its position in The Lovesac Company (NASDAQ:LOVE – Free Report) by 50.5% during the fourth quarter, Holdings Channel reports. The firm owned 57,328 shares of the company’s stock after selling 58,376 shares during the quarter. Millrace Asset Group Inc.’s holdings in Lovesac were worth $1,465,000 at the end of the […] ....
The Lovesac Company (NASDAQ:LOVE – Get Free Report) saw a significant decrease in short interest in April. As of April 30th, there was short interest totalling 3,370,000 shares, a decrease of 6.9% from the April 15th total of 3,620,000 shares. Based on an average daily trading volume, of 328,100 shares, the short-interest ratio is currently […] ....
Lovesac (NASDAQ:LOVE – Free Report) had its target price lowered by Oppenheimer from $60.00 to $35.00 in a research note issued to investors on Wednesday, Benzinga reports. Oppenheimer currently has an outperform rating on the stock. Other equities research analysts have also recently issued reports about the company. Canaccord Genuity Group reduced their target price […] ....