Lovesac (NASDAQ:LOVE) Releases FY 2026 Earnings Guidance

Lovesac (NASDAQ:LOVE - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.800-1.360 for the period, compared to the consensus earnings per share estimate of 1.100. The company issued revenue guidance of $700.0 million-$750.0 million, compared to the consensus revenue estimate of $713.1 million. Lovesac also updated its FY26 guidance to $0.80-$1.36 EPS.

Lovesac Stock Up 0.7 %

LOVE stock traded up $0.14 on Tuesday, reaching $19.34. 495,592 shares of the company's stock were exchanged, compared to its average volume of 364,056. The firm has a market cap of $298.47 million, a PE ratio of 56.88, a P/E/G ratio of 0.65 and a beta of 3.08. Lovesac has a twelve month low of $12.12 and a twelve month high of $39.49. The stock has a fifty day moving average of $18.84 and a 200-day moving average of $25.27.

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

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Roth Mkm upped their price objective on Lovesac from $22.00 to $28.00 and gave the company a "buy" rating in a research report on Friday. Oppenheimer reiterated an "outperform" rating and set a $35.00 price target on shares of Lovesac in a report on Friday. DA Davidson decreased their target price on shares of Lovesac from $35.00 to $24.00 and set a "buy" rating on the stock in a research report on Friday. Finally, Canaccord Genuity Group cut their price target on Lovesac from $45.00 to $30.00 and set a "buy" rating for the company in a report on Friday. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $31.67.

Insider Buying and Selling

In other Lovesac news, Director Albert Jack Krause sold 30,000 shares of the company's stock in a transaction that occurred on Friday, January 17th. The stock was 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 represents a 16.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 12.33% of the company's stock.

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.