Lovesac Q1 net loss $11.1M, sales flat at $138.2M; refines FY27 outlook

Lovesac Co

2027-Q1 EPS reported -$0.76 revenue$138,196,000

Net sales $138.2M, down 0.1% YoY; gross margin 52.1% vs 53.7% (down 160 bps).
Net loss $11.1M ($0.76 diluted loss per share) vs $10.8M loss year ago.
Adjusted EBITDA loss $10.5M vs $8.4M loss last year, down 24.8%.
Showroom sales $97.1M (+0.6%), Internet $35.7M (+7.1%), Other $5.5M (-36.3%).
Plans domestic production of Sactional seat inserts starting summer 2026.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Lovesac Co reported first quarter of fiscal year 2027, which ended May 3, 2026 results: revenue $138.2M, net income $(11.1), EPS $(0.76).

Period: first quarter of fiscal year 2027, which ended May 3, 2026
Revenue: $138.2M
Net income: $(11.1)
EPS: $(0.76)
Result: reported results

Exact text from the filing

be expressly set forth by specific reference in that filing. --- EX-99.1 (EX-99.1) --- THE LOVESAC COMPANY REPORTS FIRST QUARTER FISCAL 2027 FINANCIAL RESULTS Q1 Net Sales of $138.2M Advances Strategic Growth Initiatives with Record Product Launches Ahead; Refines FY27 Outlook STAMFORD, Conn., June 11, 2026 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq:

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Source: SEC EDGAR

accession 0001628280-26-042363

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