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Why Lovesac Stock Sagged by 37% in December

The Motley Fool
Summary
Nutrition label

78% Informative

Specialty furniture maker Lovesac ( NASDAQ : LOVE ) posted a less-than-inspiring quarterly earnings report.

The specialty furniture maker's stock lost more than 37% of its value in December .

Analysts were expecting better results for the company.

But the company is now targeting annual net sales growth of 10% to 15% .