Lovesac shares tumble after Q2 miss and downbeat guidance
Lovesac reported mixed second-quarter results: it beat on the bottom line but missed on the top line. The company also set downbeat guidance for the current quarter and full year, sending shares down a double-digit rate into Thursday’s open.
Lovesac NASDAQ:LOVE reported mixed second-quarter results, topping the bottom line but missing on revenue. The company also issued downbeat guidance for the current quarter and full year, and the shares fell by a double-digit percentage ahead of Thursday’s open.