The Lovesac Company provides earnings guidance for the third quarter and full year of fiscal 2024. For the quarter, company expects Net sales of approximately $154.0 million, Net loss in the range of $5.2 million to $3.2 million and Diluted loss per common share in the range of $0.20 to $0.33 on approximately 15.5 million estimated weighted average shares outstanding.

For the year, company Net sales in the range of $710.0 million to $730.0 million, Net income in the range of $20.0 million to $29.0 million and Diluted income per common share in the range of $1.21 to $1.75 on approximately 16.5 million estimated diluted weighted average shares outstanding.