Lovesac (NASDAQ:LOVE) Releases Q3 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) updated its third quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of 0.620-0.830 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

A number of research firms have commented on LOVE. Weiss Ratings reiterated a “sell (d)” rating on shares of Lovesac in a research note on Wednesday, June 24th. Canaccord Genuity Group set a $20.00 price target on Lovesac in a research note on Thursday. Finally, DA Davidson boosted their price objective on Lovesac from $18.00 to $20.00 and gave the company a “buy” rating in a report on Friday, June 12th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.00.

Lovesac Price Performance

Shares of NASDAQ LOVE opened at $14.26 on Friday. Lovesac has a 1-year low of $10.33 and a 1-year high of $19.25. The firm has a market capitalization of $208.77 million, a PE ratio of 54.85, a P/E/G ratio of 0.91 and a beta of 2.03. The business’s fifty day moving average price is $16.87 and its two-hundred day moving average price is $15.47.

Lovesac (NASDAQ:LOVE) last announced its quarterly earnings results on Thursday, September 10th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.87. The company had revenue of $161.25 million during the quarter, compared to analyst estimates of $161.55 million. Lovesac had a return on equity of 1.88% and a net margin of 0.55%.The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($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. Equities research analysts expect that Lovesac will post 0.5 earnings per share for the current fiscal year.

Insider Buying and Selling at Lovesac

In other Lovesac news, Director Andrew Heyer purchased 30,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were acquired at an average price of $14.68 per share, for a total transaction of $440,400.00. Following the completion of the acquisition, the director owned 293,259 shares of the company’s stock, valued at $4,305,042.12. This represents a 11.40% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased 33,550 shares of company stock valued at $490,146 over the last quarter. Company insiders own 7.79% of the company’s stock.

Lovesac News Summary

Here are the key news stories impacting Lovesac this week:

• Positive Sentiment: Lovesac reported second-quarter revenue of approximately $161.2 million, broadly in line with Wall Street expectations, while reported EPS of $0.51 was substantially above the consensus estimate for a loss. Revenue increased modestly from the prior year, and management said several product launches remain on track for the second half of fiscal 2027. Lovesac fiscal 2027 second-quarter results
• Positive Sentiment: The company raised its fiscal 2027 EPS outlook to $0.98-$1.26, compared with the $1.09 analyst consensus midpoint, suggesting management still expects profitability for the full year. Lovesac raises fiscal 2027 EPS outlook
• Neutral Sentiment: Management’s conference call emphasized record non-holiday-quarter sales and efforts to manage tariffs and costs. However, investors are weighing whether the reported profitability can be sustained as the company navigates a difficult furniture-demand environment. Lovesac Q2 2027 earnings call highlights
• Negative Sentiment: Lovesac issued fiscal 2027 revenue guidance of $690 million-$710 million, below the $716.8 million consensus estimate. Third-quarter revenue guidance of $140 million-$150 million also trailed expectations of approximately $156.7 million, signaling near-term pressure on sales. Lovesac cuts sales outlook
• Negative Sentiment: Analysts questioned the quality of the quarterly earnings beat because a tariff-related refund helped offset underlying weakness. The small year-over-year revenue increase and very low net margin reinforced concerns about demand, profitability, and the sustainability of earnings. Lovesac tariff refund and underlying weakness

Hedge Funds Weigh In On Lovesac

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LOVE. Arrowstreet Capital Limited Partnership increased its position in Lovesac by 41.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 375,883 shares of the company’s stock worth $6,364,000 after acquiring an additional 110,953 shares during the period. Invenomic Capital Management LP acquired a new stake in Lovesac in the 4th quarter worth $5,350,000. Millennium Management LLC increased its holdings in shares of Lovesac by 378.9% during the 4th quarter. Millennium Management LLC now owns 327,477 shares of the company’s stock worth $4,830,000 after purchasing an additional 259,097 shares during the period. Bridgeway Capital Management LLC raised its position in shares of Lovesac by 252.8% during the second quarter. Bridgeway Capital Management LLC now owns 306,687 shares of the company’s stock valued at $5,582,000 after buying an additional 219,762 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Lovesac by 24.7% in the fourth quarter. MML Investors Services LLC now owns 303,283 shares of the company’s stock valued at $4,473,000 after buying an additional 60,034 shares during the period. Institutional investors and hedge funds 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.