Lovesac reports second quarter fiscal 2027 financial results
Net sales reached $161.2 million with a 21.7% gross profit increase. The company returned to profitability, reporting $7.4 million in net income boosted by tariff refunds.
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Net sales reached $161.2 million with a 21.7% gross profit increase. The company returned to profitability, reporting $7.4 million in net income boosted by tariff refunds.
He succeeds Keith Siegner, who stepped down. Farag brings over 20 years of experience.
Customer service closed weeks 30-31; production closed weeks 29-32. Limited hours during weeks 29 and 32.
Net sales were $138.2M, net loss of $11.1M, and the company provided fiscal 2027 outlook.
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