Lovesac (NASDAQ:LOVE) Releases Q2 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) 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 Trading Down 0.6%

Shares of NASDAQ LOVE opened at $16.48 on Thursday. Lovesac has a twelve month low of $10.33 and a twelve month high of $21.15. The company has a market capitalization of $243.57 million, a price-to-earnings ratio of 56.83, a PEG ratio of 0.80 and a beta of 2.02. The firm has a 50-day moving average of $15.85 and a two-hundred day moving average of $14.35.

Lovesac (NASDAQ:LOVE) last issued its quarterly earnings results on Thursday, June 11th. The company reported ($0.76) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.03) by $0.27. Lovesac had a net margin of 0.58% and a return on equity of 2.02%. The company had revenue of $138.20 million during the quarter, compared to the consensus estimate of $136.34 million. 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, research analysts predict that Lovesac will post 0.59 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on LOVE shares. Weiss Ratings reissued a “sell (d)” rating on shares of Lovesac in a report on Friday, March 27th. Wall Street Zen upgraded Lovesac from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Roth Mkm restated a “buy” rating on shares of Lovesac in a report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.67.

Insiders Place Their Bets

In other news, CEO Shawn David Nelson acquired 1,477 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were purchased at an average price of $16.95 per share, for a total transaction of $25,035.15. Following the completion of the acquisition, the chief executive officer owned 202,681 shares of the company’s stock, valued at approximately $3,435,442.95. This represents a 0.73% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 7.79% of the company’s stock.

Hedge Funds Weigh In On Lovesac

Hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in Lovesac by 130.4% in the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock worth $35,000 after buying an additional 1,097 shares during the last quarter. Ancora Advisors LLC acquired a new position in Lovesac in the third quarter worth approximately $146,000. XTX Topco Ltd acquired a new position in Lovesac in the fourth quarter worth approximately $149,000. HRT Financial LP acquired a new position in Lovesac in the fourth quarter worth approximately $160,000. Finally, Numerai GP LLC increased its holdings in Lovesac by 10.7% in the third quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock worth $200,000 after buying an additional 1,145 shares during 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.