Lovesac (NASDAQ:LOVE) Releases Q2 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.200-0.480 for the period, compared to the consensus estimate of -0.350. The company issued revenue guidance of $157.0 million-$166.0 million, compared to the consensus revenue estimate of $165.1 million. Lovesac also updated its FY 2027 guidance to 0.340-0.810 EPS.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Canaccord Genuity Group set a $22.00 target price on Lovesac in a report on Thursday. DA Davidson lifted their target price on Lovesac from $18.00 to $20.00 and gave the company a “buy” rating in a report on Friday. Wall Street Zen raised Lovesac from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings reiterated a “sell (d)” rating on shares of Lovesac in a research report on Friday, March 27th. Finally, Roth Mkm reiterated a “buy” rating on shares of Lovesac in a research report on Friday, March 27th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $22.67.

Lovesac Price Performance

NASDAQ:LOVE opened at $16.35 on Friday. The business has a 50 day moving average of $15.91 and a 200 day moving average of $14.39. The company has a market capitalization of $241.65 million, a price-to-earnings ratio of 62.88, a PEG ratio of 0.79 and a beta of 2.02. Lovesac has a 1-year low of $10.33 and a 1-year high of $20.88.

Lovesac (NASDAQ:LOVE) last released its earnings results on Thursday, June 11th. The company reported ($0.76) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.27. The company had revenue of $138.20 million during the quarter, compared to the consensus estimate of $136.66 million. Lovesac had a return on equity of 1.89% and a net margin of 0.55%.Lovesac’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.73) EPS. Lovesac has set its Q2 2027 guidance at 0.200-0.480 EPS and its FY 2027 guidance at 0.340-0.810 EPS. As a group, sell-side analysts anticipate that Lovesac will post 0.59 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Shawn David Nelson acquired 1,477 shares of the stock in a transaction on Thursday, April 16th. The stock was purchased at an average price of $16.95 per share, for a total transaction of $25,035.15. Following the completion of the transaction, the chief executive officer owned 202,681 shares of the company’s stock, valued at $3,435,442.95. This trade represents a 0.73% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 7.79% of the company’s stock.

Lovesac News Roundup

Here are the key news stories impacting Lovesac this week:

• Positive Sentiment: Lovesac beat Q1 EPS and revenue estimates, reporting a smaller-than-expected loss of $0.76 per share on $138.2 million in sales, which suggests operations were better than analysts feared. Lovesac (NASDAQ:LOVE) exceeds Q1 CY2026 expectations
• Positive Sentiment: DA Davidson raised its price target on LOVE from $18 to $20 and reiterated a buy rating, signaling confidence in upside potential after the results. DA Davidson raises price target on Lovesac
• Positive Sentiment: Management said product launches, digital marketing gains, showroom expansion, and supply-chain changes are supporting market-share gains and longer-term growth prospects. Lovesac Q1 Earnings Call Highlights Product Push, Outlook
• Neutral Sentiment: Several commentary pieces note that Lovesac is still taking market share and has long-term potential, but that a broader furniture-sector rebound remains uncertain. Lovesac: Potential Remains Hidden, For Now
• Negative Sentiment: The company’s FY2027 guidance was below Wall Street’s EPS expectations, which likely disappointed investors and helped drive the stock lower despite the earnings beat. The Lovesac Company Reports First Quarter Fiscal 2027 Financial Results
• Negative Sentiment: Management said the business is still navigating industry headwinds, and coverage from outlets such as the Wall Street Journal highlighted that the outlook was tempered as the loss widened. Lovesac Tempers Outlook as Loss Widens

Hedge Funds Weigh In On Lovesac

Hedge funds and other institutional investors have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership raised its holdings in shares of Lovesac by 41.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 375,883 shares of the company’s stock valued at $6,364,000 after acquiring an additional 110,953 shares in the last quarter. Invenomic Capital Management LP bought a new position in shares of Lovesac during the fourth quarter valued at approximately $5,350,000. Millennium Management LLC raised its holdings in shares of Lovesac by 378.9% during the fourth quarter. Millennium Management LLC now owns 327,477 shares of the company’s stock valued at $4,830,000 after acquiring an additional 259,097 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Lovesac by 252.8% during the second quarter. Bridgeway Capital Management LLC now owns 306,687 shares of the company’s stock valued at $5,582,000 after acquiring an additional 219,762 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in Lovesac by 24.7% in the fourth quarter. MML Investors Services LLC now owns 303,283 shares of the company’s stock worth $4,473,000 after purchasing an additional 60,034 shares during the period. Institutional investors own 91.32% of the company’s stock.

Lovesac Company Profile

Lovesac, trading on NASDAQ under the symbol LOVE, is an American furniture company known for its modular seating systems and distinctive foam-filled “Sacs.” Founded in 1995 by Shawn Nelson, the company has built a reputation for innovative design that emphasizes comfort, durability and adaptability. Its core offerings include Sactionals—customizable sectional sofas assembled from individual “Sactional” cubes—and the original Lovesac Sacs, large fabric-covered bean bag chairs available in a variety of sizes and materials.

In addition to seating solutions, Lovesac has expanded into home entertainment products with the introduction of the Stage, a modular soundbar system designed to integrate seamlessly with Sactionals.