LoveSac

LOVE

Market cap $236M

STAMFORD, Conn., June 15, 2026 (GLOBE NEWSWIRE) -- The Lovesac Co. (NASDAQ: LOVE), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced it has appointed Andrew Farag as the Company's Executive Vice President, Chief Financial Officer and Treasurer, effective immediately.

The Lovesac Company reported sluggish earnings in Q1, reflecting a continued sector-wide sales decline. LOVE still managed to gain market share through showroom and product expansion. The underlying performance is strong, as LOVE eyes additional growth. The sector's rebound is still on an uncertain timeline, but should ultimately reveal LOVE's significant earnings potential.

LOVE keeps its fiscal 2027 outlook intact as management has highlighted product launches, digital marketing gains and supply-chain changes after mixed first-quarter results.

The Lovesac Company (LOVE) Q1 2027 Earnings Call Transcript

Although the revenue and EPS for Lovesac (LOVE) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Lovesac NASDAQ: LOVE reported nearly flat first-quarter fiscal 2027 revenue as management said the company continued to gain share in a pressured furniture market while investing in product expansion, marketing efficiency and domestic manufacturing.

Lovesac (LOVE) came out with a quarterly loss of $0.76 per share versus the Zacks Consensus Estimate of a loss of $1.03. This compares to a loss of $0.73 per share a year ago.

The new outlook came as the furniture company continued to navigate industry headwinds during its fiscal first quarter, Chief Executive Shawn David Nelson said.

Q1 Net Sales of $138.2MAdvances Strategic Growth Initiatives with Record Product Launches Ahead; Refines FY27 Outlook STAMFORD, Conn., June 11, 2026 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the first quarter of fiscal 2027, which ended May 3, 2026.

The Lovesac Company (NASDAQ:LOVE) will release earnings for its first quarter before the opening bell on Thursday, June 11.