Lovesac (NASDAQ:LOVE) Releases Q3 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) issued an update on its third quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.620-0.830 for the period, compared to the consensus earnings per share estimate of -0.560. The company issued revenue guidance of $140.0 million-$150.0 million, compared to the consensus revenue estimate of $156.7 million. Lovesac also updated its FY 2027 guidance to 0.980-1.260 EPS.

Analyst Upgrades and Downgrades

LOVE has been the topic of several analyst reports. DA Davidson dropped their target price on Lovesac from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Friday. Roth Capital restated a “buy” rating on shares of Lovesac in a research note on Friday. Wall Street Zen raised Lovesac from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings upgraded Lovesac from a “sell (d)” rating to a “hold (c)” rating in a research note on Thursday. Finally, Canaccord Genuity Group cut their price objective on Lovesac from $22.00 to $20.00 and set a “buy” rating for the company in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

Lovesac Trading Down 2.5%

Lovesac stock opened at $13.91 on Friday. The company has a market capitalization of $203.64 million, a price-to-earnings ratio of 11.40, a PEG ratio of 0.36 and a beta of 2.03. Lovesac has a 12 month low of $10.33 and a 12 month high of $19.25. The stock’s 50 day moving average is $16.80 and its 200-day moving average is $15.46.

Lovesac (NASDAQ:LOVE) last released its quarterly earnings results on Thursday, September 10th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.87. Lovesac had a return on equity of 2.59% and a net margin of 2.56%.The business had revenue of $161.25 million during the quarter, compared to the consensus estimate of $161.55 million. During the same period in the previous year, the company posted ($0.45) EPS. The firm’s quarterly revenue was up .5% on a year-over-year basis. Lovesac has set its Q3 2027 guidance at 0.620-0.830 EPS and its FY 2027 guidance at 0.980-1.260 EPS. As a group, equities research analysts predict that Lovesac will post 1.12 earnings per share for the current fiscal year.

Insider Activity

In other Lovesac news, Director Andrew Heyer purchased 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were acquired at an average cost of $14.68 per share, for a total transaction of $440,400.00. Following the completion of the purchase, the director owned 293,259 shares of the company’s stock, valued at approximately $4,305,042.12. The trade was a 11.40% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought a total of 33,550 shares of company stock valued at $490,146 over the last three months. Insiders own 7.79% of the company’s stock.

Key Headlines Impacting Lovesac

Here are the key news stories impacting Lovesac this week:

• Positive Sentiment: Lovesac reported second-quarter fiscal 2027 net sales of approximately $161.2 million and EPS of $0.51, well above the consensus estimate for a loss of $0.36 per share. Revenue was roughly flat year over year, while the company said product launches remain on track for the second half of fiscal 2027. Lovesac second-quarter fiscal 2027 results
• Positive Sentiment: DA Davidson maintained a “buy” rating, although it reduced its price target from $20 to $18. The revised target still implies substantial potential upside from current trading levels.
• Neutral Sentiment: Management raised its fiscal 2027 EPS outlook to $0.98-$1.26, compared with consensus of $1.09. The guidance suggests earnings may meet or exceed expectations, but the company’s revenue outlook of $690 million-$710 million is below the roughly $716.8 million analyst forecast.
• Negative Sentiment: Fiscal third-quarter revenue guidance of $140 million-$150 million also trails the $156.7 million consensus estimate. Investors appear more concerned about the sales outlook than the current-quarter EPS beat, particularly amid choppy furniture demand. Lovesac cuts sales outlook
• Negative Sentiment: Analysts noted that the tariff refund helped lift quarterly profitability, potentially masking weaker underlying performance. Internet sales declines are also weighing on the company, adding to concerns about demand and the quality of reported earnings. Lovesac internet sales analysis

Institutional Trading of Lovesac

A number of institutional investors have recently bought and sold shares of LOVE. Invenomic Capital Management LP acquired a new stake in shares of Lovesac during the 4th quarter worth $5,350,000. Millennium Management LLC raised its stake in Lovesac by 378.9% in the fourth quarter. Millennium Management LLC now owns 327,477 shares of the company’s stock valued at $4,830,000 after purchasing an additional 259,097 shares in the last quarter. Kanen Wealth Management LLC acquired a new position in Lovesac in the third quarter valued at about $4,025,000. Bridgeway Capital Management LLC lifted its position in Lovesac by 252.8% during the second quarter. Bridgeway Capital Management LLC now owns 306,687 shares of the company’s stock worth $5,582,000 after purchasing an additional 219,762 shares during the period. Finally, Corient Private Wealth LLC lifted its position in Lovesac by 139.4% during the fourth quarter. Corient Private Wealth LLC now owns 278,863 shares of the company’s stock worth $4,113,000 after purchasing an additional 162,356 shares during the period. Institutional investors 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.