Lovesac (NASDAQ:LOVE) Issues FY26 Earnings Guidance

Lovesac (NASDAQ:LOVE) updated its FY26 earnings guidance on Thursday. The company provided EPS guidance of $0.80-$1.36 for the period, compared to the consensus EPS estimate of $0.96. The company issued revenue guidance of $700-$750 million, compared to the consensus revenue estimate of $713.05 million. Lovesac also updated its FY 2026 guidance to 0.800-1.360 EPS.

Lovesac Stock Up 8.6 %

Shares of Lovesac stock traded up $1.37 during mid-day trading on Thursday, hitting $17.30. The stock had a trading volume of 1,020,515 shares, compared to its average volume of 366,223. The firm has a 50-day moving average of $19.18 and a two-hundred day moving average of $25.47. Lovesac has a 12-month low of $12.12 and a 12-month high of $39.49. The firm has a market cap of $266.91 million, a P/E ratio of 50.91, a price-to-earnings-growth ratio of 0.65 and a beta of 3.08.

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

Analysts Set New Price Targets

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

Insiders Place Their Bets

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

About Lovesac

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.