Business
The Lovesac Company Reports Third Quarter Fiscal 2026 Financial Results
Q3 FY26 Net Sales Increased 0.2% to $150.2 Million vs. Q3 FY25STAMFORD, Conn., Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the third quarter of fiscal 2026, which ended November 2, 2025. Shawn Nelson, Chief Executive Officer, stated, “Our focus on secular growth initiatives such as new product
About this update from The Lovesac Company
[{"type":"text","content":"Q3 FY26 Net Sales Increased 0.2% to $150.2 Million vs. Q3 FY25","length":62,"tagName":"p"},{"type":"text","content":"STAMFORD, Conn., Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the third quarter of fiscal 2026, which ended November 2, 2025.","length":334,"tagName":"p"},{"type":"text","content":"Shawn Nelson, Chief Executive Officer, stated, “Our focus on secular growth initiatives such as new products and the beginnings of a major evolution in our marketing, enabled slight year-over-year growth in net sales in the third quarter, reflecting market share gains as compared to our category. As we transitioned into our fiscal fourth quarter, we adjusted our marketing strategies and have seen solid growth quarter-to-date, inclusive of the Black Friday and Cyber Monday holiday events. Lovesac is inventing and investing steadily, even through these tough times for our category, while balancing cash flow generation and profitability. Our tall ambitions begin with reaching our goal of three million Lovesac households by 2030: Households that will have ever-more Designed For Life products across ever-more rooms of the house. We are totally focused and committed to this goal that we believe can produce meaningful growth over the next few years—regardless of what happens in the macro environment.”","length":1009,"tagName":"p"},{"type":"text","content":"Key Measures for the Third Quarter of Fiscal 2026 Ending November 2, 2025:(Dollars in millions, except per share amounts. Dollar and percentage changes may not recalculate due to rounding.)","length":190,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"border-top:solid black 1pt;border-right:solid black 1pt;border-left:solid black 1pt;vertical-align:bottom;","val":[]},{"colspan":"8","style":"border-top:solid black 1pt;border-right:solid black 1pt;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Thirteen weeks ended","length":20,"tagName":"p","attribs":{}}]},{"colspan":"8","style":"border-top:solid black 1pt;border-right:solid black 1pt;border-bottom:solid black 1pt;text-align:center;v...