LOVESAC CO. DL-,00001

Lovesac delivered record Q2 sales outside the holiday period, driven by double-digit growth in premium configurations while sub-$6,000 demand remained pressured. Management is moving from a single-platform Sactionals focus to a multi-platform strategy, starting onshoring of Sactionals seats and rolling out a prolific H2 innovation cycle with a new large-format premium platform and Snugg sectional expansion. Company recognized a $21m IEEPA tariff refund, exited Best Buy shop‑in‑shop (160 bps growth headwind), raised inventory to $130.2m for Q4 launches, and expects flat SG&A with a prudent guidance approach toward achieving full-year net income. Marketing will shift to digital/social and white-glove delivery rollout may delay some sales recognition. » More on finance.yahoo.com

Lovesac reported a diluted earnings per share of $0.51 and revenue of $161.2 million for the second fiscal quarter, with earnings comfortably beating expectations while revenue was roughly in line with estimates. Gross margin rose to 68.4%, with management citing about $21 million in tariff refunds as a key driver; without this effect, adjusted EBITDA would have been negative. The company posted its highest quarterly revenue outside the holiday season but recorded declining comparable sales and weaker online sales. Lovesac previewed four major product launches, issued a conservative outlook with an expected net loss in the next quarter and full-year revenue of $690–710 million. The stock fell about 9% premarket as investors questioned the sustainability of the margin improvement and the outlook. » More on de.investing.com

Lovesac reported revenue of $138.2 million for Q1 2027, a decline of 0.1% year-over-year, and a net loss of $11.1 million (EPS -0.76). Results and revenue were slightly above estimates, yet the stock fell about 5.3% in pre-market trading. Gross margin slipped to 52.1% due to higher shipping and customs costs, while showroom expansions and market share gains supported growth. Management expects improvements and provided EPS guidance of $1.43 for 2027 and $2.71 for 2028. » More on de.investing.com