Lovesac (NASDAQ:LOVE) Releases FY 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.980-1.260 for the period, compared to the consensus earnings per share estimate of 1.090. The company issued revenue guidance of $690.0 million-$710.0 million, compared to the consensus revenue estimate of $716.8 million. Lovesac also updated its Q3 2027 guidance to 0.620-0.830 EPS.

Analyst Upgrades and Downgrades

LOVE has been the subject of a number of research reports. DA Davidson increased their price target on Lovesac from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Canaccord Genuity Group set a $20.00 target price on Lovesac in a research report on Thursday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Lovesac in a research note on Wednesday, June 24th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Lovesac currently has an average rating of “Moderate Buy” and an average target price of $22.00.

Lovesac Stock Performance

Shares of NASDAQ:LOVE opened at $14.26 on Friday. Lovesac has a 52 week low of $10.33 and a 52 week high of $19.25. The firm has a market cap of $208.77 million, a PE ratio of 54.85, a price-to-earnings-growth ratio of 0.91 and a beta of 2.03. The firm’s fifty day moving average is $16.87 and its 200-day moving average is $15.47.

Lovesac (NASDAQ:LOVE) last announced its earnings results on Thursday, September 10th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.36) by $0.87. The business had revenue of $161.25 million during the quarter, compared to analyst estimates of $161.55 million. Lovesac had a return on equity of 1.88% and a net margin of 0.55%.Lovesac’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the company earned ($0.45) EPS. Lovesac has set its Q3 2027 guidance at 0.620-0.830 EPS and its FY 2027 guidance at 0.980-1.260 EPS. Sell-side analysts forecast that Lovesac will post 0.5 EPS for the current year.

Insider Transactions at Lovesac

In other news, Director Andrew Heyer purchased 30,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were purchased at an average price of $14.68 per share, for a total transaction of $440,400.00. Following the transaction, the director owned 293,259 shares of the company’s stock, valued at approximately $4,305,042.12. This trade represents a 11.40% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders have purchased 33,550 shares of company stock worth $490,146. 7.79% of the stock is currently owned by company insiders.

Lovesac News Roundup

Here are the key news stories impacting Lovesac this week:

• Positive Sentiment: Lovesac reported second-quarter revenue of approximately $161.2 million, broadly in line with Wall Street expectations, while reported EPS of $0.51 was substantially above the consensus estimate for a loss. Revenue increased modestly from the prior year, and management said several product launches remain on track for the second half of fiscal 2027. Lovesac fiscal 2027 second-quarter results
• Positive Sentiment: The company raised its fiscal 2027 EPS outlook to $0.98-$1.26, compared with the $1.09 analyst consensus midpoint, suggesting management still expects profitability for the full year. Lovesac raises fiscal 2027 EPS outlook
• Neutral Sentiment: Management’s conference call emphasized record non-holiday-quarter sales and efforts to manage tariffs and costs. However, investors are weighing whether the reported profitability can be sustained as the company navigates a difficult furniture-demand environment. Lovesac Q2 2027 earnings call highlights
• Negative Sentiment: Lovesac issued fiscal 2027 revenue guidance of $690 million-$710 million, below the $716.8 million consensus estimate. Third-quarter revenue guidance of $140 million-$150 million also trailed expectations of approximately $156.7 million, signaling near-term pressure on sales. Lovesac cuts sales outlook
• Negative Sentiment: Analysts questioned the quality of the quarterly earnings beat because a tariff-related refund helped offset underlying weakness. The small year-over-year revenue increase and very low net margin reinforced concerns about demand, profitability, and the sustainability of earnings. Lovesac tariff refund and underlying weakness

Hedge Funds Weigh In On Lovesac

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in Lovesac by 130.4% during the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock valued at $35,000 after acquiring an additional 1,097 shares during the last quarter. Ancora Advisors LLC acquired a new position in shares of Lovesac in the 3rd quarter valued at about $146,000. XTX Topco Ltd acquired a new position in shares of Lovesac in the 4th quarter valued at about $149,000. HRT Financial LP bought a new stake in shares of Lovesac during the 4th quarter valued at about $160,000. Finally, Numerai GP LLC boosted its position in shares of Lovesac by 10.7% during the 3rd quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock valued at $200,000 after purchasing an additional 1,145 shares in the last quarter. Institutional investors and hedge funds own 91.32% of the company’s stock.

About Lovesac

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.