Lovesac (NASDAQ:LOVE) Updates FY26 Earnings Guidance

Lovesac (NASDAQ:LOVE) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.80-$1.36 for the period, compared to the consensus earnings per share estimate of $0.96. The company issued revenue guidance of $700-$750 million, compared to the consensus revenue estimate of $713.05 million. Lovesac also updated its FY 2026 guidance to 0.800-1.360 EPS.

Lovesac Price Performance

Shares of LOVE traded up $1.37 during midday trading on Thursday, reaching $17.30. The stock had a trading volume of 1,020,515 shares, compared to its average volume of 366,223. Lovesac has a 1-year low of $12.12 and a 1-year high of $39.49. The company’s fifty day simple moving average is $19.18 and its two-hundred day simple moving average is $25.47. The company has a market cap of $266.91 million, a price-to-earnings ratio of 50.91, a PEG ratio of 0.65 and a beta of 3.08.

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

Wall Street Analyst Weigh In

Separately, DA Davidson reaffirmed a “buy” rating and issued a $35.00 target price on shares of Lovesac in a report on Tuesday, March 25th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Lovesac has a consensus rating of “Buy” and an average price target of $38.33.

Insiders Place Their Bets

In other Lovesac news, Director Albert Jack Krause sold 30,000 shares of Lovesac stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $26.33, for a total transaction of $789,900.00. Following the completion of the transaction, the director now owns 147,849 shares in the company, valued at approximately $3,892,864.17. The trade was a 16.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 12.33% of the stock is currently 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.