earnings
confidence high
sentiment negative
materiality 0.70
Lovesac Q4 net sales up 2.7% to $248M; net income down 9.1%; announces $40M buyback
Lovesac Co
2026-FY EPS reported
$0.28
revenue$697,115,000
- Q4 net sales $248.0M (+2.7% YoY); full year $697.1M (+2.4%).
- Q4 net income $32.1M (-9.1% YoY); diluted EPS $2.19 vs $2.13 (+2.8%).
- Full year net income $4.1M (-64.8%); Adjusted EBITDA $36.1M (-24.5%).
- Gross margin contracted 230 bps in Q4 to 58.1%; full year 56.4% (-210 bps).
- Board authorized new $40M share repurchase program; record year-end cash, no debt.
item 2.02item 9.01