NASDAQ$LOVE

The Lovesac Company · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Lovesac reported a 5.0% increase in fourth quarter net sales and a 7.5% increase in fiscal year net sales.

Lovesac's Q4 2024 net sales increased by 5.0% compared to the prior year, driven by growth in Showroom and Internet channels, despite a decrease in omni-channel comparable net sales. The company surpassed $700 million in revenues for the fiscal year, representing a 7.5% increase.

  • Net sales increased 5.0% in the fourth quarter, driven by Showroom and Internet channels.
  • Gross profit increased $15.9 million, or 11.9%, to $149.6 million with gross margin increasing 360 basis points to 59.7%.
  • Net income was $31.0 million, or $1.87 net income per diluted share, compared to $26.2 million, or $1.65 net income per diluted share, in the prior year period.
  • The cash and cash equivalents balance as of February 4, 2024 was $87.0 million, compared to $43.5 million as of January 29, 2023.

Headline financials

Total Revenue

$251M

Previous: $239M+4.9%
EPS (adj)

$1.87

Previous: $1.74+7.5%
Omni-channel Comparable Net Sales Growth

-4.1%

Previous: 16.2%-125.3%
Ending Showroom Count

230

Previous: 195+17.9%
Capital Expenditures

-$6.97M

Previous: $3.95M-276.5%
Net Income

$31M

Previous: $27.6M+12.1%
Operating Income

$40.4M

Previous: $38.1M+6.0%
Gross Profit

$150M

Previous: $135M+10.7%
Stock-Based Comp

$1.09M

Previous: $7.52M-85.5%

Revenue & EPS history

Lovesac · Revenue · Quarterly

$251M

Q4 2024+4.9%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Lovesac · $138M total across 3 segments · Q1 2027

  • Showrooms
    $97.1M
  • Internet
    $35.7M
  • Other
    $5.46M

Forward guidance

The Company expects net sales in the range of $700 million to $770 million for the full year of fiscal 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+3.8%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+10.2%

Avg return

30 days after

50%

16 / 32 earnings

Positive

+72.0%

Q4 2020

Best reaction

-30.1%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-1.6%-13.7%
Q4 2026+1.2%-4.2%
Q3 2026-7.8%+0.1%+17.2%
Q2 2026-14.8%-13.5%-31.6%
Q1 2026+3.2%+6.6%+6.3%
Q4 2025+16.1%+22.3%+26.2%
Q3 2025-30.1%-29.2%-28.9%
Q2 2025+24.9%+26.8%+23.9%
Q1 2025-6.7%-10.4%+3.8%
Q4 2024-16.4%-17.1%+8.4%
Q3 2024+18.4%+20.8%+19.7%
Q2 2024-4.5%+1.7%+21.7%
Q1 2024-7.3%-8.4%+3.6%
Q4 2023+18.4%+20.4%+12.5%
Q3 2023-15.4%-11.9%+17.7%
Q2 2023-4.9%-12.6%-32.0%
Q1 2023-16.5%-22.5%-13.9%
Q4 2022+15.9%+9.1%-5.3%
Q3 2022+27.3%+17.1%-13.3%
Q2 2022+33.7%+29.2%+42.4%
Q1 2022+6.9%+6.5%-15.6%
Q4 2021-2.8%+1.3%+15.5%
Q3 2021+20.5%+9.1%+40.5%
Q2 2021-9.4%-11.5%+10.0%
Q1 2021+7.9%+4.8%+35.9%
Q4 2020+72.0%+87.1%+133.6%
Q3 2020-25.9%-13.5%-0.6%
Q2 2020+3.0%+11.0%-4.8%
Q1 2020-21.0%-20.7%-29.0%
Q4 2019+33.2%-6.8%+34.7%
Q3 2019+8.9%-1.3%+4.3%
Q2 2019-4.3%-4.9%+2.9%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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