Lovesac stock reports a profit rebound tied to tariff refunds
Published on 10/07/2026 at 04:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lovesac stock (ISIN US54738L1098) was last at USD 14.76 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, with a daily change of -0.47 percent. The latest fiscal quarter delivered a profit rebound, but tariff refunds played a central role in the result.
Fiscal Q2 profit rebounds
According to The Lovesac Company on September 10, 2026, fiscal Q2 2027 net sales reached USD 161.2 million for the quarter ended August 2, 2026, up 0.4 percent from USD 160.5 million a year earlier. Net income was USD 7.4 million, or USD 0.51 per diluted share, compared with a net loss of USD 6.7 million, or USD 0.45 per share, in the prior-year quarter.
The margin headline was even stronger: gross margin rose to 68.4 percent from 56.4 percent, a 1,200-basis-point increase. The company attributed 1,240 basis points of that improvement to IEEPA tariff recoveries, including USD 21.0 million of refunds and related interest, while adjusted EBITDA was a loss of USD 1.3 million in fiscal Q2 2027.
Guidance keeps pressure high
The underlying sales picture was less forceful than the reported earnings swing. Omni-channel comparable net sales fell 1.9 percent in fiscal Q2 2027, while Internet sales declined 5.3 percent; showroom sales increased 4.6 percent, supported by 14 net new showrooms.
The Lovesac Company set fiscal 2027 net sales guidance at USD 690 million to USD 710 million and adjusted EBITDA guidance at USD 31.5 million to USD 35.5 million. For fiscal Q3 2027, management expects net sales of USD 140 million to USD 150 million and an adjusted EBITDA loss of USD 7 million to USD 10 million, shifting attention from the tariff-supported quarter to demand and execution.
Consensus target stays above USD 23
According to StockUpSide in its September 2026 consensus data, 6 analysts cover LOVE with a Buy consensus, including 5 Buy ratings and 1 Strong Buy rating. The average target is USD 23.17, with a low of USD 18.00 and a high of USD 35.00; the average target lies 57.0 percent above the USD 14.76 price.
That gap reflects the market's split assessment. Cash and cash equivalents stood at USD 68.8 million as of August 2, 2026, while the latest quarter's adjusted EBITDA loss shows why future product launches and comparable sales matter more than the tariff-related earnings boost.
Next investor conference is October 8
The company has scheduled the TAG and Santander Global Consumer and Retail Conference for October 8, 2026 at 2:45 p.m. EDT, according to The Lovesac Company. The event gives management an early opportunity to discuss product launches, showroom expansion and the fiscal Q3 outlook.
LOVE stock remains below its yearly high
Lovesac stock was last at USD 14.76 on Nasdaq on October 6, 2026 at 4:00 p.m. ET. Its 52-week range was USD 10.33 to USD 19.25, and market capitalization was USD 216.1 million as of the same date.
Lovesac stock facts
- Company: The Lovesac Company
- ISIN: US54738L1098
- Ticker: LOVE
- Trading venue: NASDAQ
- Price (as of October 6, 2026, 4:00 p.m. ET): USD 14.76
- Market capitalization: USD 216.1 million (as of October 6, 2026)
- 52-week range: USD 10.33-19.25 (as of October 6, 2026)
- Sector / Industry: Consumer Discretionary / Other Specialty Stores
Upcoming dates for Lovesac stock
- October 8, 2026: TAG and Santander Global Consumer and Retail Conference
