The Lovesac Company (NASDAQ:LOVE) Q1 2025 Earnings Conference Call June 13, 2024 8:30 AM ET

Company Participants

Caitlin Churchill - ICR, Investor Relations
Shawn Nelson - Chief Executive Officer
Mary Fox - President and Chief Operating Officer
Keith Siegner - Executive Vice President and Chief Financial Officer

Conference Call Participants

Maria Ripps - Canaccord Genuity
Brian Nagel - Oppenheimer & Company
Thomas Forte - Maxim Group
Matthew Koranda - ROTH MKM
Keegan Cox - D.A. Davidson

Operator

Greetings and welcome to the Lovesac First Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Caitlin Churchill with ICR. Please go ahead.

Caitlin Churchill

Thank you. Good morning, everyone. With me on the call is Shawn Nelson, Chief Executive Officer; Mary Fox, President and Chief Operating Officer; and Keith Siegner, Chief Financial Officer.

Before we get started, I would like to remind you that some of the information discussed will include forward-looking statements regarding future events and our future financial performance.

These include statements about our future expectations, financial projections and our plans and prospects. Actual results may differ materially from those set forth in such statements. For a discussion of these risks and uncertainties, you should review the company's filings with the SEC which includes today's press release. You should not rely on our forward-looking statements as predictions of future events.

All forward-looking statements that we make on this call are based on assumptions and beliefs as of today and we undertake no obligation to update them, except as required by applicable law. Our discussion today will include non-GAAP financial measures, including EBITDA and adjusted EBITDA. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from our GAAP results.

A reconciliation of the most directly comparable GAAP financial measures to such non-GAAP financial measure has been provided as supplemental financial information in our press release.

Now I'd like to turn the call over to Shawn Nelson, Chief Executive Officer of the Lovesac Company.

Shawn Nelson

Thank you, Caitlin. Good morning, everyone, and thank you for joining us today. I'll start our discussion by reviewing highlights from our first quarter performance and sharing thoughts about our outlook. Then Mary Fox, our President and COO, will update you on the progress we are making on our key growth initiatives before passing the call to Keith Siegner, our CFO, who will review our financial results and outlook in more detail.