The Lovesac Company (NASDAQ:LOVE) stock fell Thursday after the company posted a wider quarterly loss and softer sales than expected.

The retailer also tightened its full-year outlook as higher costs and weaker comparable sales pressured results.

Lovesac reported a third-quarter EPS loss of 72 cents, missing Wall Street’s forecast for a 59-cent loss.

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Metrics

Quarterly sales of $150.166 million (+0.2% year over year), missed the Street view of $154.146 million.

The growth was primarily driven by the net addition of 17 new showrooms, partially offset by a decrease of 1.2% in omni-channel ...