Lovesac (NASDAQ:LOVE) Releases Q2 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) issued an update on its second quarter 2027 earnings guidance on Thursday morning. 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.

Lovesac Trading Down 0.6%

Shares of NASDAQ:LOVE opened at $16.48 on Thursday. The company has a fifty day simple moving average of $15.85 and a 200 day simple moving average of $14.35. The firm has a market cap of $243.57 million, a PE ratio of 56.83, a price-to-earnings-growth ratio of 0.80 and a beta of 2.02. Lovesac has a 12-month low of $10.33 and a 12-month high of $21.15.

Lovesac (NASDAQ:LOVE) last released its quarterly earnings data on Thursday, June 11th. The company reported ($0.76) EPS for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.27. The firm had revenue of $138.20 million during the quarter, compared to the consensus estimate of $136.34 million. Lovesac had a net margin of 0.58% and a return on equity of 2.02%. 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, equities research analysts forecast that Lovesac will post 0.59 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on LOVE. Roth Mkm reaffirmed a “buy” rating on shares of Lovesac in a report on Friday, March 27th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lovesac in a report on Friday, March 27th. Finally, Wall Street Zen raised shares of Lovesac from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Lovesac has a consensus rating of “Moderate Buy” and a consensus price target of $22.67.

Insider Activity

In other news, CEO Shawn David Nelson purchased 1,477 shares of Lovesac stock in a transaction dated Thursday, April 16th. The stock was bought at an average price of $16.95 per share, with a total value of $25,035.15. Following the completion of the acquisition, the chief executive officer owned 202,681 shares in the company, valued at $3,435,442.95. The trade was a 0.73% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 7.79% of the company’s stock.

Institutional Investors Weigh In On Lovesac

Institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC lifted its holdings in Lovesac by 10.8% in the fourth quarter. Empowered Funds LLC now owns 76,547 shares of the company’s stock worth $1,129,000 after purchasing an additional 7,483 shares during the period. Invesco Ltd. lifted its holdings in Lovesac by 32.3% in the fourth quarter. Invesco Ltd. now owns 73,880 shares of the company’s stock worth $1,090,000 after purchasing an additional 18,027 shares during the period. State of Wisconsin Investment Board bought a new stake in Lovesac in the fourth quarter worth about $932,000. Balyasny Asset Management L.P. acquired a new stake in Lovesac in the 4th quarter valued at about $616,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Lovesac by 5.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 41,186 shares of the company’s stock valued at $607,000 after acquiring an additional 2,165 shares during 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.