Lovesac (NASDAQ:LOVE) Releases FY 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.340-0.810 for the period, compared to the consensus estimate of 1.250. The company issued revenue guidance of $700.0 million-$740.0 million, compared to the consensus revenue estimate of $719.4 million. Lovesac also updated its Q2 2027 guidance to 0.200-0.480 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Canaccord Genuity Group set a $22.00 price target on Lovesac in a report on Thursday. DA Davidson raised their price target on Lovesac from $18.00 to $20.00 and gave the company a “buy” rating in a report on Friday. Roth Mkm restated a “buy” rating on shares of Lovesac in a report on Friday, March 27th. Weiss Ratings restated a “sell (d)” rating on shares of Lovesac in a report on Friday, March 27th. Finally, Wall Street Zen upgraded Lovesac from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.67.

Lovesac Price Performance

NASDAQ LOVE opened at $16.35 on Friday. The stock has a market capitalization of $241.65 million, a PE ratio of 62.88, a P/E/G ratio of 0.79 and a beta of 2.02. The business has a 50 day simple moving average of $15.91 and a two-hundred day simple moving average of $14.39. Lovesac has a 1-year low of $10.33 and a 1-year high of $20.88.

Lovesac (NASDAQ:LOVE) last posted its quarterly earnings data on Thursday, June 11th. The company reported ($0.76) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.03) by $0.27. The business had revenue of $138.20 million during the quarter, compared to analyst estimates of $136.66 million. Lovesac had a return on equity of 1.89% and a net margin of 0.55%.The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the company earned ($0.73) EPS. Lovesac has set its Q2 2027 guidance at 0.200-0.480 EPS and its FY 2027 guidance at 0.340-0.810 EPS. On average, analysts anticipate that Lovesac will post 0.59 EPS for the current fiscal year.

Insider Activity

In related news, CEO Shawn David Nelson acquired 1,477 shares of the stock in a transaction dated Thursday, April 16th. The stock was acquired at an average cost of $16.95 per share, with a total value of $25,035.15. Following the purchase, the chief executive officer directly owned 202,681 shares of the company’s stock, valued at approximately $3,435,442.95. This trade represents a 0.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 7.79% of the stock is owned by insiders.

Key Headlines Impacting Lovesac

Here are the key news stories impacting Lovesac this week:

• Positive Sentiment: Lovesac beat Q1 EPS and revenue estimates, reporting a smaller-than-expected loss of $0.76 per share on $138.2 million in sales, which suggests operations were better than analysts feared. Lovesac (NASDAQ:LOVE) exceeds Q1 CY2026 expectations
• Positive Sentiment: DA Davidson raised its price target on LOVE from $18 to $20 and reiterated a buy rating, signaling confidence in upside potential after the results. DA Davidson raises price target on Lovesac
• Positive Sentiment: Management said product launches, digital marketing gains, showroom expansion, and supply-chain changes are supporting market-share gains and longer-term growth prospects. Lovesac Q1 Earnings Call Highlights Product Push, Outlook
• Neutral Sentiment: Several commentary pieces note that Lovesac is still taking market share and has long-term potential, but that a broader furniture-sector rebound remains uncertain. Lovesac: Potential Remains Hidden, For Now
• Negative Sentiment: The company’s FY2027 guidance was below Wall Street’s EPS expectations, which likely disappointed investors and helped drive the stock lower despite the earnings beat. The Lovesac Company Reports First Quarter Fiscal 2027 Financial Results
• Negative Sentiment: Management said the business is still navigating industry headwinds, and coverage from outlets such as the Wall Street Journal highlighted that the outlook was tempered as the loss widened. Lovesac Tempers Outlook as Loss Widens

Institutional Investors Weigh In On Lovesac

Several institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its stake in shares of Lovesac by 130.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock valued at $35,000 after purchasing an additional 1,097 shares during the last quarter. Numerai GP LLC lifted its stake in shares of Lovesac by 10.7% in 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 during the last quarter. Barclays PLC lifted its stake in shares of Lovesac by 7.5% in the 4th quarter. Barclays PLC now owns 28,576 shares of the company’s stock valued at $421,000 after purchasing an additional 1,999 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Lovesac by 5.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 41,186 shares of the company’s stock worth $607,000 after acquiring an additional 2,165 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Lovesac by 1.0% during the 2nd quarter. MML Investors Services LLC now owns 218,845 shares of the company’s stock worth $3,983,000 after acquiring an additional 2,203 shares during the last quarter. 91.32% of the stock is owned by institutional investors.

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.