Home furnishing firm Lovesac rises on Q2 revenue beat

Lovesac Co

12/09/2024 12:31

** Shares of home furnishing co Lovesac  LOVE.O  rise 1.7%
to $21.38 premarket
    ** Q2 revenue of $156.6 mln beat Wall Street estimates of
$155.1 mln - LSEG data
    ** Co sees FY25 revenue between $700 mln and $735 mln vs
analysts' average estimates of $722 mln
    ** Avg rating of analysts covering LOVE is "buy"; median PT
is $33.50
    ** Stock down 17.7% YTD, as of last close

 (Reporting by Khushi Singh in Bengaluru)
 ((Khushi.Singh@thomsonreuters.com;))