Updates
** Shares of home furnishing firm Lovesac LOVE.O rise as much as 26.6% to $26 in mid-day trading
** Co posts Q2 revenue of $156.6 mln, above Wall Street estimates of $155.1 mln - LSEG data
** Reports core profit of $1.5 mln vs estimates of loss of $2.71 mln
** Stock set for its biggest intraday pct. gain since Sept. 09, 2021
** Co sees FY25 revenue between $700 mln and $735 mln vs analysts' average estimates of $722 mln
** "We are prudently planning for the second half of the year given the category headwinds," says CEO Shawn Nelson
** LOVE shares hit their highest levels since Aug. 1
** Avg. rating of analysts covering LOVE is "buy"; median PT is $33.50
** Stock down 17.7% YTD, as of last close
(Reporting by Khushi Singh and Savyata Mishra in Bengaluru)