Lovesac (NASDAQ:LOVE) Issues Q3 2027 Earnings Guidance

Posted by Stanley Muller on Sep 10th, 2026

Lovesac (NASDAQ:LOVE – Get Free Report) updated its third quarter 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.620-0.830 for the period, compared to the consensus earnings per share 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 stock opened at $16.03 on Thursday. Lovesac has a 1-year low of $10.33 and a 1-year high of $20.87. The firm has a market capitalization of $234.68 million, a PE ratio of 61.65, a P/E/G ratio of 0.91 and a beta of 2.03. The business’s fifty day moving average price is $16.94 and its 200 day moving average price is $15.47.

Lovesac (NASDAQ:LOVE – Get Free Report) last announced its quarterly earnings data on Thursday, September 10th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of ($0.36) by $0.87. The firm had revenue of $161.25 million during the quarter, compared to analysts’ expectations of $161.55 million. Lovesac had a net margin of 0.55% and a return on equity of 1.88%. During the same quarter last year, the business earned ($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. Equities research analysts expect that Lovesac will post 0.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LOVE has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Lovesac in a research report on Wednesday, June 24th. Canaccord Genuity Group set a $22.00 price target on shares of Lovesac in a research note on Thursday, June 11th. Finally, DA Davidson boosted their price objective 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. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.67.

Check Out Our Latest Report on Lovesac

Insiders Place Their Bets

In related news, Director Andrew Heyer purchased 30,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were bought 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 approximately $4,305,042.12. This trade represents a 11.40% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have purchased a total of 33,550 shares of company stock worth $490,146 over the last quarter. Company insiders own 7.79% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its stake in Lovesac by 130.4% during the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock worth $35,000 after acquiring an additional 1,097 shares during the last quarter. Ancora Advisors LLC purchased a new stake in shares of Lovesac during the 3rd quarter worth about $146,000. XTX Topco Ltd purchased a new stake in shares of Lovesac during the 4th quarter worth about $149,000. HRT Financial LP acquired a new stake in Lovesac during the 4th quarter worth approximately $160,000. Finally, Numerai GP LLC increased 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 purchasing an additional 1,145 shares in the last quarter. Institutional investors and hedge funds own 91.32% of the company’s stock.

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.