Lovesac (NASDAQ:LOVE) Updates Q3 2027 Earnings Guidance

Key Points

• Lovesac issued Q3 FY2027 guidance of $0.62–$0.83 in EPS and $140 million–$150 million in revenue, with revenue below the $156.7 million analyst consensus. Full-year FY2027 EPS guidance was set at $0.98–$1.26.
• The stock opened at $16.03 and was down 0.2%, while analysts maintained a “Moderate Buy” consensus with an average price target of $22.67.
• Insider and institutional interest remains notable: a director bought 30,000 shares, insiders own 7.79% of the company, and institutional investors hold 91.32%.

Lovesac (NASDAQ:LOVE - Get Free Report) issued an update on its third quarter 2027 earnings guidance on Thursday. The company provided earnings per share 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 Trading Down 0.2%

Shares of Lovesac stock opened at $16.03 on Thursday. The company has a fifty day simple moving average of $16.94 and a 200-day simple moving average of $15.47. The stock has a market cap of $234.68 million, a price-to-earnings ratio of 61.65, a PEG ratio of 0.91 and a beta of 2.03. Lovesac has a 12-month low of $10.33 and a 12-month high of $20.87.

Lovesac (NASDAQ:LOVE - Get Free Report) last announced its quarterly earnings results on Thursday, September 10th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of ($0.36) by $0.87. Lovesac had a net margin of 0.55% and a return on equity of 1.88%. The firm had revenue of $161.25 million for the quarter, compared to analyst estimates of $161.55 million. During the same period last year, the business earned ($0.45) EPS. Lovesac has set its Q3 2027 guidance at 0.620-0.830 EPS and its FY 2027 guidance at 0.980-1.260 EPS. On average, analysts forecast that Lovesac will post 0.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

LOVE has been the subject of a number of research analyst reports. DA Davidson upped their target price on Lovesac from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Friday, June 12th. Canaccord Genuity Group set a $22.00 price objective on Lovesac in a research note on Thursday, June 11th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Lovesac in a report on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $22.67.

Insider Transactions at Lovesac

In related news, Director Andrew Heyer purchased 30,000 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average price of $14.68 per share, for a total transaction of $440,400.00. Following the transaction, the director directly owned 293,259 shares of the company's stock, valued at approximately $4,305,042.12. The trade was a 11.40% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders bought 33,550 shares of company stock valued at $490,146. Insiders own 7.79% of the company's stock.

Institutional Investors Weigh In On Lovesac

Several large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its holdings in shares of 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 purchasing an additional 1,097 shares during the period. Ancora Advisors LLC purchased a new position in Lovesac during the 3rd quarter worth $146,000. XTX Topco Ltd acquired a new stake in shares of Lovesac in the 4th quarter worth $149,000. HRT Financial LP acquired a new stake in shares of Lovesac in the 4th quarter worth $160,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of Lovesac in the fourth quarter valued at about $198,000. Hedge funds and other institutional investors own 91.32% of the company's stock.

About Lovesac

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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