Lovesac (NASDAQ:LOVE) Updates Q1 2026 Earnings Guidance

Lovesac (NASDAQ:LOVE - Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.850--0.660 for the period, compared to the consensus estimate of -0.770. The company issued revenue guidance of $136.0 million-$142.0 million, compared to the consensus revenue estimate of $138.6 million. Lovesac also updated its FY 2026 guidance to 0.800-1.360 EPS.

Lovesac Stock Up 0.7 %

Shares of LOVE stock traded up $0.14 on Tuesday, reaching $19.34. The stock had a trading volume of 495,592 shares, compared to its average volume of 364,056. Lovesac has a 12 month low of $12.12 and a 12 month high of $39.49. The firm has a market capitalization of $298.47 million, a price-to-earnings ratio of 56.88, a P/E/G ratio of 0.65 and a beta of 3.08. The firm's 50-day moving average is $18.84 and its two-hundred day moving average is $25.27.

Lovesac (NASDAQ:LOVE - Get Free Report) last posted its quarterly earnings results on Thursday, April 10th. The company reported $2.13 earnings per share for the quarter, beating analysts' consensus estimates of $1.80 by $0.33. The business had revenue of $241.50 million for the quarter, compared to analysts' expectations of $230.33 million. Lovesac had a return on equity of 3.51% and a net margin of 1.04%. The firm's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.87 EPS. On average, sell-side analysts forecast that Lovesac will post 0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on LOVE. Roth Mkm upped their target price on Lovesac from $22.00 to $28.00 and gave the company a "buy" rating in a research report on Friday. DA Davidson lowered their price objective on Lovesac from $35.00 to $24.00 and set a "buy" rating on the stock in a research report on Friday. Oppenheimer reissued an "outperform" rating and issued a $35.00 target price on shares of Lovesac in a research report on Friday. Finally, Canaccord Genuity Group lowered their price target on shares of Lovesac from $45.00 to $30.00 and set a "buy" rating on the stock in a research report on Friday. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Lovesac presently has a consensus rating of "Buy" and a consensus target price of $31.67.

Insider Buying and Selling

In other Lovesac news, Director Albert Jack Krause sold 30,000 shares of the firm's stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $26.33, for a total value of $789,900.00. Following the transaction, the director now directly owns 147,849 shares of the company's stock, valued at $3,892,864.17. This trade represents a 16.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 12.33% of the stock is owned by company insiders.

About Lovesac

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions.