Lovesac (NASDAQ:LOVE) Issues Q1 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) issued an update on its first quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -1.22–0.950 for the period, compared to the consensus estimate of -0.810. The company issued revenue guidance of $133.0 million-$139.0 million, compared to the consensus revenue estimate of $143.5 million. Lovesac also updated its FY 2027 guidance to 0.340-0.950 EPS.

Lovesac Price Performance

LOVE stock traded up $0.16 during trading on Thursday, hitting $15.69. 396,558 shares of the stock traded hands, compared to its average volume of 298,996. The stock has a market cap of $229.39 million, a price-to-earnings ratio of 54.11, a price-to-earnings-growth ratio of 0.63 and a beta of 2.21. Lovesac has a 1 year low of $10.33 and a 1 year high of $21.90. The firm’s 50 day moving average is $12.81 and its two-hundred day moving average is $13.96.

Lovesac (NASDAQ:LOVE) last issued its earnings results on Thursday, March 26th. The company reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.19. Lovesac had a net margin of 0.58% and a return on equity of 2.07%. The business had revenue of $248.05 million during the quarter, compared to analysts’ expectations of $242.77 million. During the same period in the previous year, the company earned $2.13 earnings per share. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, analysts anticipate that Lovesac will post 0.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LOVE. Wall Street Zen raised Lovesac from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. Maxim Group set a $26.00 price target on Lovesac in a research note on Friday, December 12th. DA Davidson lowered their price target on Lovesac from $24.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. Canaccord Genuity Group dropped their price objective on Lovesac from $30.00 to $24.00 and set a “buy” rating on the stock in a research report on Friday, December 12th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Lovesac in a report on Friday, March 27th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $26.20.

Institutional Investors Weigh In On Lovesac

A number of hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its holdings in shares of Lovesac by 130.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock valued at $35,000 after buying an additional 1,097 shares during the period. Numerai GP LLC increased its position in Lovesac by 10.7% during the third quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock valued at $200,000 after acquiring an additional 1,145 shares during the last quarter. Barclays PLC increased its position in Lovesac by 7.5% during the fourth quarter. Barclays PLC now owns 28,576 shares of the company’s stock valued at $421,000 after acquiring an additional 1,999 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Lovesac by 5.5% in the fourth 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 period. Finally, MML Investors Services LLC lifted its holdings 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 acquiring an additional 2,203 shares during the period. 91.32% of the stock is currently owned by hedge funds and other institutional investors.

Lovesac Company Profile

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.