Lovesac (LOVE) to Post Quarterly Earnings on Thursday

Lovesac (NASDAQ:LOVE) is anticipated to announce its Q2 2027 results before the market opens on Thursday, September 10th. Analysts expect the company to post earnings of ($0.3580) 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. Interested persons can find conference call details on the company’s upcoming Q2 2027 earning report for the latest details on the call scheduled for Thursday, September 10, 2026 at 8:30 AM ET.

Lovesac (NASDAQ:LOVE) last announced its earnings results on Thursday, June 11th. The company reported ($0.76) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.27. Lovesac had a net margin of 0.55% and a return on equity of 1.88%. The firm had revenue of $138.20 million during the quarter, compared to analyst estimates of $136.66 million. During the same period in the prior year, the business earned ($0.73) EPS. The company’s revenue for the quarter was down .1% compared to the same quarter last year. On average, analysts expect Lovesac to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lovesac Price Performance

LOVE opened at $16.69 on Tuesday. The business’s 50-day moving average price is $16.96 and its two-hundred day moving average price is $15.43. Lovesac has a 1 year low of $10.33 and a 1 year high of $20.88. The company has a market capitalization of $244.34 million, a price-to-earnings ratio of 64.19, a P/E/G ratio of 0.94 and a beta of 2.03.

Insider Buying and Selling

In related news, Director Andrew Heyer purchased 30,000 shares of Lovesac stock in a transaction that occurred on Thursday, June 18th. The stock was purchased at an average cost of $14.68 per share, with a total value of $440,400.00. Following the completion of the transaction, the director owned 293,259 shares of the company’s stock, valued at approximately $4,305,042.12. This trade represents a 11.40% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased 33,550 shares of company stock worth $490,146 over the last ninety days. Corporate insiders own 7.79% of the company’s stock.

Institutional Investors Weigh In On Lovesac

Several large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its stake 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 valued at $35,000 after buying an additional 1,097 shares in the last quarter. Numerai GP LLC lifted its stake in Lovesac by 10.7% in the third quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock valued at $200,000 after acquiring an additional 1,145 shares during the last quarter. Barclays PLC grew its position in shares of Lovesac by 7.5% in the 4th quarter. Barclays PLC now owns 28,576 shares of the company’s stock valued at $421,000 after acquiring an additional 1,999 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Lovesac by 5.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 41,186 shares of the company’s stock worth $607,000 after purchasing an additional 2,165 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Lovesac by 1.0% in the 2nd quarter. MML Investors Services LLC now owns 218,845 shares of the company’s stock valued at $3,983,000 after purchasing an additional 2,203 shares during the period. Institutional investors and hedge funds own 91.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on LOVE shares. DA Davidson lifted 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 target on Lovesac in a research report on Thursday, June 11th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lovesac in a research note on Wednesday, June 24th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lovesac has a consensus rating of “Moderate Buy” and an average price target of $22.67.

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.