Lovesac (LOVE) Expected to Post Quarterly Earnings on Thursday

Lovesac (NASDAQ:LOVEGet Free Report) is expected to be releasing its Q2 2027 results before the market opens on Thursday, September 10th. Analysts expect Lovesac to post earnings of ($0.3580) per share and revenue of $161.5510 million for the quarter. Lovesac has set its Q2 2027 guidance at 0.200-0.480 EPS and its FY 2027 guidance at 0.340-0.810 EPS. Individuals may review the information on the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Thursday, September 10, 2026 at 8:30 AM ET.

Lovesac (NASDAQ:LOVEGet Free Report) last released its quarterly earnings results on Thursday, June 11th. The company reported ($0.76) earnings per share for the quarter, topping the consensus estimate of ($1.03) by $0.27. Lovesac had a net margin of 0.55% and a return on equity of 1.88%. The firm had revenue of $138.20 million for the quarter, compared to analysts’ expectations of $136.66 million. During the same quarter in the prior year, the firm posted ($0.73) earnings per share. The business’s quarterly revenue was down .1% on a year-over-year basis. On average, analysts expect Lovesac to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lovesac Stock Performance

Shares of LOVE stock opened at $16.07 on Wednesday. Lovesac has a 52-week low of $10.33 and a 52-week high of $20.87. The company has a market capitalization of $235.26 million, a PE ratio of 61.81, a price-to-earnings-growth ratio of 0.94 and a beta of 2.03. The business’s fifty day moving average is $16.95 and its 200 day moving average is $15.45.

Analyst Ratings Changes

Several research firms recently commented on LOVE. Weiss Ratings restated a “sell (d)” rating on shares of Lovesac in a research report on Wednesday, June 24th. DA Davidson lifted their price target on Lovesac from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Finally, Canaccord Genuity Group set a $22.00 price objective on Lovesac in a report on Thursday, June 11th. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Lovesac currently has an average rating of “Moderate Buy” and a consensus price target of $22.67.

View Our Latest Stock Analysis on Lovesac

Insider Transactions at Lovesac

In other news, Director Andrew Heyer bought 30,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was acquired at an average price of $14.68 per share, with a total value of $440,400.00. Following the completion of the purchase, the director directly owned 293,259 shares in the company, valued at $4,305,042.12. This represents a 11.40% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders bought a total of 33,550 shares of company stock worth $490,146 over the last three months. Insiders own 7.79% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds 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 acquiring an additional 1,097 shares during the last quarter. Numerai GP LLC grew its position in Lovesac by 10.7% during the 3rd quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock worth $200,000 after acquiring an additional 1,145 shares during the last quarter. Barclays PLC increased its stake in Lovesac by 7.5% in the 4th quarter. Barclays PLC now owns 28,576 shares of the company’s stock worth $421,000 after purchasing an additional 1,999 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Lovesac by 5.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 41,186 shares of the company’s stock worth $607,000 after purchasing an additional 2,165 shares during the period. Finally, MML Investors Services LLC lifted its position in Lovesac by 1.0% in the second quarter. MML Investors Services LLC now owns 218,845 shares of the company’s stock valued at $3,983,000 after purchasing an additional 2,203 shares during the last quarter. 91.32% of the stock is owned by institutional investors.

About Lovesac

(Get Free Report)

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.

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Earnings History for Lovesac (NASDAQ:LOVE)

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