Lovesac (NASDAQ:LOVE) Issues Q3 2027 Earnings Guidance

Posted by Francis Steltz on Sep 10th, 2026

Lovesac (NASDAQ:LOVE – Get Free Report) updated its third quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.620-0.830 for the period, compared to the consensus estimate of -0.560. The company issued revenue guidance of $140.0 million-$150.0 million, compared to the consensus revenue estimate of $156.7 million. Lovesac also updated its FY 2027 guidance to 0.980-1.260 EPS.

Lovesac Price Performance

Shares of LOVE opened at $16.03 on Thursday. The business has a 50-day moving average of $16.94 and a 200-day moving average of $15.47. The company has a market capitalization of $234.68 million, a price-to-earnings ratio of 61.65, a price-to-earnings-growth ratio of 0.91 and a beta of 2.03. Lovesac has a 1 year low of $10.33 and a 1 year high of $20.87.

Lovesac (NASDAQ:LOVE – Get Free Report) last announced its earnings results on Thursday, September 10th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of ($0.36) by $0.87. The business had revenue of $161.25 million for the quarter, compared to analysts’ expectations of $161.55 million. Lovesac had a return on equity of 1.88% and a net margin of 0.55%.During the same period in the prior year, the business posted ($0.45) earnings per share. Lovesac has set its Q3 2027 guidance at 0.620-0.830 EPS and its FY 2027 guidance at 0.980-1.260 EPS. As a group, sell-side analysts anticipate that Lovesac will post 0.5 EPS for the current year.

Wall Street Analysts Forecast Growth

LOVE has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Lovesac in a research note on Wednesday, June 24th. DA Davidson upped their price target on shares of 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 target on Lovesac in a report on Thursday, June 11th. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.67.

Read Our Latest Research Report on Lovesac

Insiders Place Their Bets

In other news, Director Andrew Heyer purchased 30,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were acquired at an average price of $14.68 per share, for a total transaction of $440,400.00. Following the completion of the acquisition, the director owned 293,259 shares in the company, valued at approximately $4,305,042.12. The trade was a 11.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders purchased 33,550 shares of company stock worth $490,146. 7.79% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lovesac

A number of large investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its stake in Lovesac by 41.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 375,883 shares of the company’s stock valued at $6,364,000 after purchasing an additional 110,953 shares in the last quarter. Invenomic Capital Management LP bought a new position in shares of Lovesac in the fourth quarter valued at $5,350,000. Millennium Management LLC grew its holdings in shares of Lovesac by 378.9% during the fourth quarter. Millennium Management LLC now owns 327,477 shares of the company’s stock valued at $4,830,000 after buying an additional 259,097 shares during the last quarter. Bridgeway Capital Management LLC grew its holdings in shares of Lovesac by 252.8% during the second quarter. Bridgeway Capital Management LLC now owns 306,687 shares of the company’s stock valued at $5,582,000 after buying an additional 219,762 shares during the last quarter. Finally, MML Investors Services LLC increased its position in shares of Lovesac by 24.7% during the fourth quarter. MML Investors Services LLC now owns 303,283 shares of the company’s stock worth $4,473,000 after acquiring an additional 60,034 shares in the last quarter. 91.32% of the stock is currently 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.