Lovesac Co.

16.79

-0.0250-0.15%

Volume:181.80K

Turnover:3.08M

Market Cap:249.25M

PE:24.33

High:17.40

Open:16.87

Low:16.67

Close:16.82

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Lovesac Q1 FY2026 Earnings Call Summary and Q&A Highlights: Showroom Growth, EverCouch Launch, and Strategic Tariff Mitigation

Earnings Call

·

Yesterday

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The company is moving manufacturing further away from China.Executives on an earnings call said their pivot to manufacture more towards America is not driven by tariffs but a desire to manufacture closer to its customers.\"We remain on track to be about 13% for the full fiscal year, but with exit rates substantially lower than that,\" said Mary Fox, president, referring to the move away from China.Lovesac also disclosed its decision to end its partnership with Best Buy, which will result in a one-time charge around $2 million in the current quarter, while also expanding its partnership with warehouse retailer Costco Wholesale.The Stamford, Conn., company narrowed its loss to $10.8 million, o","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LOVE","BK4095"],"gpt_icon":0},{"id":"1117716123","title":"Lovesac Q1 FY2026 Earnings Call Summary and Q&A Highlights: Showroom Growth, EverCouch Launch, and Strategic Tariff Mitigation","url":"https://stock-news.laohu8.com/highlight/detail?id=1117716123","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1117716123?lang=en_us&edition=fundamental","pubTime":"2025-06-12 23:32","pubTimestamp":1749742367,"startTime":"0","endTime":"0","summary":"**Answer:** Management noted that the promotional environment remains highly competitive, with discount levels up 400 basis points YoY. 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