Lovesac (LOVE) Expected to Announce Earnings on Thursday

Lovesac (NASDAQ:LOVE) is anticipated to issue its Q1 2027 results before the market opens on Thursday, June 11th. Analysts expect the company to announce earnings of ($1.03) per share and revenue of $136.3390 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2027 earning overview page for the latest details on the call scheduled for Thursday, June 11, 2026 at 8:30 AM ET.

Lovesac (NASDAQ:LOVE) last released its quarterly earnings results on Thursday, March 26th. The company reported $2.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.19. The company had revenue of $248.05 million during the quarter, compared to analysts’ expectations of $242.77 million. Lovesac had a net margin of 0.58% and a return on equity of 2.02%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.13 earnings per share. On average, analysts expect Lovesac to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lovesac Stock Performance

Shares of NASDAQ:LOVE opened at $15.43 on Thursday. The stock’s 50-day moving average is $15.51 and its 200-day moving average is $14.19. The company has a market cap of $228.06 million, a P/E ratio of 53.21, a P/E/G ratio of 0.75 and a beta of 2.02. Lovesac has a 52-week low of $10.33 and a 52-week high of $21.15.

Insiders Place Their Bets

In other news, CEO Shawn David Nelson purchased 1,477 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were purchased at an average cost of $16.95 per share, for a total transaction of $25,035.15. Following the completion of the purchase, the chief executive officer directly owned 202,681 shares of the company’s stock, valued at approximately $3,435,442.95. The trade was a 0.73% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 7.79% of the stock is currently owned by company insiders.

Institutional Trading of Lovesac

Institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets increased its position in shares of Lovesac by 130.4% during the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock valued at $35,000 after purchasing an additional 1,097 shares during the period. Ancora Advisors LLC acquired a new position in shares of Lovesac in the third quarter valued at $146,000. XTX Topco Ltd bought a new position in Lovesac in the fourth quarter worth $149,000. HRT Financial LP acquired a new stake in Lovesac during the fourth quarter worth $160,000. Finally, Numerai GP LLC boosted its stake in Lovesac by 10.7% during the third quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock worth $200,000 after buying an additional 1,145 shares in the last quarter. Institutional investors and hedge funds own 91.32% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Lovesac in a research note on Friday, March 27th. Wall Street Zen upgraded Lovesac from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Roth Mkm reissued a “buy” rating on shares of Lovesac in a research report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average 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.