Lovesac (LOVE) to Post Earnings on Thursday

Key Points

• Lovesac is expected to report fiscal Q2 2027 results before the market opens on September 10, 2026. Analysts forecast a loss of $0.39 per share on $161.6 million in revenue, compared with company guidance of $0.20–$0.48 EPS for the quarter.
• The company’s previous quarter exceeded expectations, reporting a $0.76 per-share loss versus the estimated $1.03 loss and revenue of $138.2 million. However, revenue declined slightly year over year, and analysts expect roughly breakeven earnings for the current fiscal year.
• Analyst sentiment is moderately bullish: four analysts rate the stock Buy and one rates it Sell, producing a consensus price target of $22.67 versus shares trading near $16.22. Insiders have also purchased shares recently, while institutional investors own 91.32% of the stock.

Lovesac (NASDAQ:LOVE - Get Free Report) is projected to announce its Q2 2027 results before the market opens on Thursday, September 10th. Analysts expect Lovesac to post earnings of ($0.39) per share and revenue of $161.5510 million for the quarter. Lovesac has set its Q2 2027 guidance at 0.200-0.480 EPS and its FY 2027 guidance at 0.340-0.810 EPS. Individuals are encouraged to explore the company's upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Thursday, September 10, 2026 at 8:30 AM ET.

Lovesac (NASDAQ:LOVE - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $138.20 million during the quarter, compared to analyst estimates of $136.66 million. Lovesac had a net margin of 0.55% and a return on equity of 1.88%. The company's revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.73) earnings per share. On average, analysts expect Lovesac to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lovesac Stock Performance

Shares of LOVE opened at $16.22 on Thursday. The company has a market capitalization of $237.46 million, a price-to-earnings ratio of 62.38, a PEG ratio of 0.87 and a beta of 2.03. The company's 50 day simple moving average is $16.97 and its 200 day simple moving average is $15.37. Lovesac has a 1 year low of $10.33 and a 1 year high of $20.88.

Insider Activity at Lovesac

In related news, Director Andrew R. Heyer acquired 30,000 shares of the business's stock in a transaction dated Thursday, June 18th. The shares were acquired at an average cost of $14.68 per share, for a total transaction of $440,400.00. Following the acquisition, the director directly owned 293,259 shares in the company, valued at approximately $4,305,042.12. The trade was a 11.40% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last three months, insiders have bought 33,550 shares of company stock worth $490,146. Corporate insiders own 7.79% of the company's stock.

Institutional Investors Weigh In On Lovesac

Several hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets increased its position in shares of 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 acquiring an additional 1,097 shares in the last quarter. Ancora Advisors LLC acquired a new position in shares of Lovesac during the 3rd quarter valued at $146,000. XTX Topco Ltd purchased a new stake in Lovesac during the 4th quarter worth $149,000. HRT Financial LP purchased a new stake in Lovesac during the 4th quarter worth $160,000. Finally, Numerai GP LLC boosted 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 during the period. 91.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have commented on LOVE shares. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Lovesac in a research note on Wednesday, June 24th. DA Davidson increased their price target on Lovesac from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Friday, June 12th. Finally, Canaccord Genuity Group set a $22.00 price objective on Lovesac in a report on Thursday, June 11th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Lovesac has a consensus rating of "Moderate Buy" and a consensus target price of $22.67.

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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