Lovesac Co reports results for the quarter ended July 31 - Earnings Summary
Lovesac Co reports results for the quarter ended July 31 - Earnings Summary
Lovesac Co LOVE.OQ reported a quarterly adjusted loss of 35 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of -45 cents. The mean expectation of six analysts for the quarter was for a loss of 36 cents per share. Wall Street expected results to range from -41 cents to -34 cents per share.
Revenue rose 0.4% to $161.25 million from a year ago; analysts expected $165.49 million.
Lovesac Co's reported EPS for the quarter was 51 cents.
The company reported quarterly net income of $7.43 million.
Lovesac Co shares had fallen by 4.0% this quarter and gained 8.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is "hold."
Wall Street's median 12-month price target for Lovesac Co is $22.00, about 27.1% above its last closing price of $16.03
This summary was machine generated from LSEG data September 10 at 01:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jul. 31 2026 | -0.36 | -0.35 | Beat |
Apr. 30 2026 | -1.00 | -0.76 | Beat |
Jan. 31 2026 | 2.01 | 2.19 | Beat |
Oct. 31 2025 | -0.69 | -0.72 | Missed |