Lovesac (NASDAQ:LOVE) Releases FY 2026 Earnings Guidance

Lovesac (NASDAQ:LOVE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.800-1.360 for the period, compared to the consensus estimate of 1.100. The company issued revenue guidance of $700.0 million-$750.0 million, compared to the consensus revenue estimate of $713.1 million. Lovesac also updated its FY26 guidance to $0.80-$1.36 EPS.

Lovesac Price Performance

LOVE stock opened at $18.49 on Friday. The stock has a market capitalization of $285.36 million, a P/E ratio of 54.38, a P/E/G ratio of 0.65 and a beta of 3.08. The business has a 50-day moving average of $19.06 and a 200-day moving average of $25.41. Lovesac has a fifty-two week low of $12.12 and a fifty-two week high of $39.49.

Lovesac (NASDAQ:LOVE) last posted its quarterly earnings data on Thursday, April 10th. The company reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.33. Lovesac had a net margin of 1.04% and a return on equity of 3.51%. The company had revenue of $241.50 million for the quarter, compared to the consensus estimate of $230.33 million. During the same period last year, the company earned $1.87 earnings per share. The firm’s revenue was down 3.6% compared to the same quarter last year. Equities analysts expect that Lovesac will post 0.39 EPS for the current year.

Analysts Set New Price Targets

Separately, DA Davidson restated a “buy” rating and set a $35.00 price objective on shares of Lovesac in a research note on Tuesday, March 25th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $38.33.

Insider Activity

In other news, Director Albert Jack Krause sold 30,000 shares of Lovesac stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $26.33, for a total transaction of $789,900.00. Following the completion of the transaction, the director now directly owns 147,849 shares in the company, valued at approximately $3,892,864.17. The trade was a 16.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 12.33% of the stock is owned by insiders.

Lovesac Company Profile

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions.