Lovesac posted mixed Q2 results with an adjusted loss of $0.35 per share, beating the $0.36 estimate, but revenue missed at $161.245 million. The company raised FY2027 GAAP EPS guidance to $0.98-$1.26 while lowering sales guidance to $690-$710 million. Q3 guidance remains weak with revenue of $140-$150 million and a GAAP loss of $0.62-$0.83, triggering a roughly 4% share decline as analysts adjust targets.
Lovesac expects a quarterly loss of 46 cents per share, down from 1 cent last year. Projected revenue for Q3 is $154.17 million, slightly higher than last year's $149.91 million. Lovesac's shares fell 1.5% to $13.74 before earnings release. Analysts maintain various buy ratings with price targets ranging from $24 to $38. Wan Ling Martello was recently appointed to the board of directors.
Lovesac's Q2 losses of 45 cents beat expectations of 71 cents. Quarterly sales of $160.53M exceeded estimates of $160.23M. EPS guidance for FY2026 was significantly reduced from $0.80-$1.36 to $0.52-$1.05. Shares tumbled 13% in pre-market trading to $18.05. U.S. stock futures showed small gains with Dow up 0.2%.
Lovesac will report earnings on Sept. 11, expecting a larger loss than last year. Projected revenue of $160.42 million is slightly above last year's $156.59 million. Shares dropped 0.8%, closing at $19.30 before the earnings report. Analysts maintain varied buy ratings, with targets ranging from $24 to $35. New board member appointed, which may influence strategic decisions.
Lovesac will report Q1 results on June 12, projecting a wider loss. Analysts expect losses of 71 cents per share, worse than last year's 63 cents. Quarterly revenue is projected at $137.47 million, slightly up from $132.64 million. Shares fell 1.9% to $20.50 prior to results, indicating market uncertainty. Recent analyst ratings show mixed ratings on target price adjustments.
- Lovesac Company will release Q1 earnings, expected loss $0.96/share, revenue $128.07 million. - Previous Q4 results missed analyst expectations, with EPS of $1.87, revenue $250.507 million. - Analyst ratings include Buy ratings with price targets ranging from $30-$36. - Company stock rose 5.1% to $25.98 on Wednesday. - Analyst ratings available on Benzinga for investors. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Analyst Rating
