Lovesac (NASDAQ:LOVE – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.200-0.480 for the period, compared to the consensus estimate of -0.350. The company issued revenue guidance of $157.0 million-$166.0 million, compared to the consensus revenue estimate of $165.1 million. Lovesac also updated its FY 2027 guidance to 0.340-0.810 EPS.
Lovesac Stock Performance
NASDAQ LOVE opened at $16.30 on Friday. The firm has a 50-day moving average of $15.88 and a 200-day moving average of $14.38. The stock has a market cap of $240.91 million, a PE ratio of 56.21, a P/E/G ratio of 0.80 and a beta of 2.02. Lovesac has a 52-week low of $10.33 and a 52-week high of $20.88.
Lovesac (NASDAQ:LOVE – Get Free Report) last posted its earnings results on Thursday, June 11th. The company reported ($0.76) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.27. The company had revenue of $138.20 million during the quarter, compared to analysts’ expectations of $136.66 million. Lovesac had a net margin of 0.58% and a return on equity of 2.02%. Lovesac’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company posted ($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. As a group, analysts predict that Lovesac will post 0.59 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Lovesac
Insiders Place Their Bets
In other Lovesac news, CEO Shawn David Nelson acquired 1,477 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was acquired at an average price of $16.95 per share, for a total transaction of $25,035.15. Following the purchase, the chief executive officer directly owned 202,681 shares of the company’s stock, valued at $3,435,442.95. This trade represents a 0.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 7.79% of the stock is owned by company insiders.
Key Headlines Impacting Lovesac
Here are the key news stories impacting Lovesac this week:
- Positive Sentiment: Lovesac beat quarterly expectations, posting a smaller-than-expected loss of $0.76 per share versus the $1.03 loss analysts expected, while revenue of $138.2 million also topped estimates. The Lovesac Company earnings report
- Positive Sentiment: The company said it is seeing market-share gains from its “Designed for Life” ecosystem and highlighted record product launches ahead, which supports the long-term growth narrative. Lovesac Q1 fiscal 2027 financial results
- Neutral Sentiment: Management also discussed navigating ongoing industry headwinds, and the earnings call/transcript focused on strategic execution rather than a major near-term catalyst. Lovesac Q1 2027 earnings call transcript
- Negative Sentiment: The bigger pressure point was guidance: Lovesac’s FY2027 EPS outlook of $0.34 to $0.81 came in well below Wall Street’s expectations, and revenue guidance also landed below consensus. Lovesac outlook update
- Negative Sentiment: Media coverage emphasized that the company tempered its outlook as losses widened, reinforcing concerns that demand remains challenged despite the earnings beat. Wall Street Journal coverage of Lovesac outlook
Institutional Trading of Lovesac
Several hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets raised its stake in Lovesac by 130.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock worth $35,000 after purchasing an additional 1,097 shares in the last quarter. Numerai GP LLC raised its stake in Lovesac by 10.7% in the 3rd quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock worth $200,000 after purchasing an additional 1,145 shares in the last quarter. Barclays PLC raised 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 in the last quarter. Charles Schwab Investment Management Inc. raised 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 in the last quarter. Finally, MML Investors Services LLC raised its stake in Lovesac by 1.0% in the 2nd quarter. MML Investors Services LLC now owns 218,845 shares of the company’s stock worth $3,983,000 after purchasing an additional 2,203 shares in the last quarter. Institutional investors and hedge funds own 91.32% of the company’s stock.
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.
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