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Business

Adam Eckert

EXPLAINED: Why the lovesac co shares are trading higher today | Rare Historical Photos

Lovesac Lovesac Co

The Lovesac Co (NASDAQ:LOVE) is trading higher Tuesday after the company reported strong financial results.

Lovesac said fourth-quarter revenue increased 51.3% year-over-year to $196.2 million, which beat the $174.33 million estimate. The company reported quarterly earnings of $2.03 per share, which was up from earnings of $1.37 per share year-over-year.

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