New York, May 29, 2026, 06:01 EDT
- Lovesac ended Thursday at $16.11, rising 1.0% after the company set the date for its fiscal first-quarter results.
- The June 11 report is a check on fiscal 2027 guidance. Last year, profit got hit by tariffs and tougher promotion costs.
- Furniture stocks gained, with small caps up as well, as the market showed strength.
Lovesac shares rose Thursday. The company put its fiscal Q1 results on the calendar for June 11. The announcement offers a date for traders watching the stock after a choppy spring. LOVE finished at $16.11, up 1.0%. The session range was $15.92 to $16.26.
The company plans to report fiscal first-quarter 2027 earnings before the bell on June 11 and will host a call at 8:30 a.m. Eastern. The day after, it’s scheduled to attend Oppenheimer’s consumer growth and e-commerce conference, where investors will likely ask about demand, tariffs and new products.
Nasdaq traded normally Friday. The exchange wasn’t closed for a 2026 holiday. When markets opened at the dateline, the stock was in pre-market. Nasdaq regular hours are 9:30 a.m. to 4 p.m. Eastern. Pre-market goes from 4 a.m. to 9:30 a.m.
Lovesac’s June results will be watched closely because the company’s own forecast doesn’t allow for much weakness. For the first quarter, Lovesac is calling for net sales between $133 million and $139 million, an adjusted EBITDA loss of $12 million to $16 million, and a net loss in the range of $14 million to $18 million. Adjusted EBITDA is a non-GAAP profit figure that removes interest, taxes, depreciation, amortization and some other items. Investors often use it to check performance.
Lovesac posted mixed numbers in its last full report. Fourth-quarter net sales were up 2.7% at $248.0 million, with full-year fiscal 2026 revenue climbing 2.4% to $697.1 million. Net income for the year dropped to $4.1 million from $11.6 million. Gross margin shrank too, hit by higher freight, tariff costs, and promotions.
Lovesac CEO Shawn Nelson said fiscal 2026 is “a pivotal year” for the company. He added that the stretch has been shaped by “tariff pressures, economic uncertainty, and intense promotional activity.” Shares are caught here: investors are into the brand, but want to see if margin pressure is taking over the narrative.
Lovesac is moving to limit tariff exposure. President Mary Fox told CT Insider the company finished fiscal 2026 with “zero production coming from China.” Fox called that just “step one” as the company looks to shift more production closer to where its customers are. CT Insider
The balance sheet is helping the company. Lovesac in March increased its share repurchase authorization to around $54.1 million. Buybacks let the company purchase its own stock and may cut the number of shares. CFO Keith Siegner said this showed confidence in the outlook. The company also said there’s no guarantee on the timing or size of the actual buybacks.
Lovesac’s market cap is around $235 million. The company sells Sactionals, which are modular couches, and Sacs, which are beanbag-like chairs filled with foam. Customers buy through its showrooms and online.
Gains in the sector offered support. Big home-furnishing stocks were higher, with RH last up $5.61 at $149.15, Williams-Sonoma ahead $2.40 at $205.60, and La-Z-Boy up 57 cents to $38.15. The Nasdaq Composite climbed 0.9% Thursday, and the Russell 2000 added 0.6%. Lovesac wasn’t moving on its own.
Lovesac’s own annual filing spells out the risk side. The company says buyers may cut back on furniture when disposable income drops, and tariffs could drive up costs or push it to hike prices, both of which can weigh on demand. If June numbers show softer orders, deeper discounts or no improvement in product costs, the recent uptick in the stock may not hold.
The calendar is packed: annual meeting set for June 9, Q1 earnings two days later, then Oppenheimer on June 12. Investors don’t want another growth pitch. They’re watching for real data—sales conversion, gross margin, how inventory is managed, and what the “Made in America” push does for the financials.
