The earnings call reflected a generally positive sentiment with notable growth in showroom sales and successful product innovations like EverCouch and the reclining seat. However, challenges such as a decline in internet sales and pressures from a highly promotional environment were also evident. The decision to end the Best Buy partnership, while strategically sound, led to some financial adjustments.
Company Guidance
During The Lovesac Company's fiscal 2026 first-quarter earnings call, guidance was provided with several key metrics outlined. The company reported total net sales of $138.4 million, marking a year-over-year increase of 4.3%, despite a 5% decline in the overall category. Omnichannel comparable net sales rose by 2.8%, driven by new and non-comparable touchpoint contributions. The company achieved SG&A leverage and improved adjusted EBITDA, net loss, and net loss per common share by double-digit percentages from the previous year. Lovesac reaffirmed its full-year guidance, estimating net sales between $700 million and $750 million, with an adjusted EBITDA ranging from $48 million to $60 million. For the second quarter, they projected net sales of $157 million to $166 million and an adjusted EBITDA loss between $2 million and $7 million. The company's strategy to mitigate tariff impacts was emphasized, alongside a focus on innovation, exemplified by the successful launch of the EverCouch platform.
Revenue Growth
Total net sales increased 4.3% year-over-year to $138.4 million, with showroom net sales up 18.2%.
Product Innovation Success
The Recline of Civilization campaign for the new reclining seat generated 5 billion earned impressions and increased engagements by over 600% across digital channels.
EverCouch Launch
EverCouch, a new product platform, doubled Lovesac's total addressable market, receiving positive initial feedback and expanding to 27 showrooms.
Healthy Balance Sheet
The company ended the quarter with $26.9 million in cash and $36 million in committed availability, with no borrowings on their credit facility.
The Lovesac Company (LOVE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LOVE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 12, 2025
$20.50
$16.82
-17.95%
Apr 10, 2025
$15.93
$18.49
+16.07%
Dec 12, 2024
$37.68
$25.74
-31.69%
Sep 12, 2024
$21.02
$25.50
+21.31%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does The Lovesac Company (LOVE) report earnings?
The Lovesac Company (LOVE) is schdueled to report earning on Sep 11, 2025, TBA Not Confirmed.
What is The Lovesac Company (LOVE) earnings time?
The Lovesac Company (LOVE) earnings time is at Sep 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.