The earnings call presented a mixed view with continued sales growth and successful product launches, but also highlighted significant challenges such as decreased gross margins and increased net losses. Although the company maintains a healthy balance sheet and increased market share, tariff pressures and competitive discounting remain concerns.

Company Guidance

During The Lovesac Company's second quarter fiscal 2026 earnings call, the company provided detailed guidance highlighting several key metrics. Total net sales for the quarter were $160.5 million, marking a year-over-year increase of 2.5%, despite a 4% decline in the overall category. Omnichannel comparable net sales grew by 0.9%, supported by new and non-comp touchpoints. Gross margin decreased by 260 basis points to 56.4%, primarily due to increased transportation costs and higher promotional discounts. For fiscal 2026, the company forecasts net sales between $710 million and $740 million, with adjusted EBITDA projected to range from $42 million to $55 million. The company remains focused on expanding its market share through strategic pricing and enhanced customer acquisition strategies, while managing controllable expenses to maintain profitability.

Net Sales Increase

Total net sales were $160.5 million, reflecting a year-over-year increase of 2.5% despite a 4% decline in the category.

Omnichannel Comparable Sales Growth

Total omnichannel comparable net sales increased 0.9% for the quarter, with additional growth from new and non-comp touchpoint contributions.

Healthy Balance Sheet

The company maintains a strong balance sheet with $34.2 million in cash and cash equivalents, no borrowings on the credit facility, and healthy inventory levels.

Successful Product Launches

The launch of the Snug platform, initially branded as EverCouch, has been expanded to over 100 locations with promising initial results.

Increased Market Share

Lovesac gained market share, ranking number nineteen on the largest home furnishings retailer list with a 3.7% increase from May through July.

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

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LOVE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 03, 2025	2026 (Q3)	-0.69 / -	-0.32	―	―	―
Sep 11, 2025	2026 (Q2)	-0.70 / -0.45	-0.38	-18.42% (-0.07)	―
Jun 12, 2025	2026 (Q1)	-0.79 / -0.73	-0.83	12.05% (+0.10)	―
Apr 10, 2025	2025 (Q4)	1.87 / 2.13	1.87	13.90% (+0.26)	―
Dec 12, 2024	2025 (Q3)	-0.35 / -0.32	-0.15	-113.33% (-0.17)	―
Sep 12, 2024	2025 (Q2)	-0.44 / -0.38	-0.04	-850.00% (-0.34)	―
Jun 13, 2024	2025 (Q1)	-0.96 / -0.83	-0.28	-196.43% (-0.55)	―
Apr 11, 2024	2024 (Q4)	1.93 / 1.87	1.74	7.47% (+0.13)	―
Dec 06, 2023	2024 (Q3)	- / -0.10	-0.55	80.91% (+0.45)	―
Nov 03, 2023	2024 (Q2)	-0.27 / -0.15	-0.55	72.73% (+0.40)	―

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
Sep 11, 2025	$20.75	$17.67	-14.84%
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%

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.