Lovesac FY2026 net income drops 64.8% to $4 million; net sales rise 2.4% to $697 million

Lovesac Co. +0.58%

Lovesac Co.

LOVE

15.53

+0.58%

  • Lovesac published a quarterly and annual earnings press release reporting Q4 net sales rose 2.7% to USD 248.0 million and FY net sales increased 2.4% to USD 697.1 million.
  • Q4 gross margin fell 2.3 percentage points to 58.1%, which the company attributed mainly to higher inbound transportation and tariff costs.
  • Q4 net income declined 9.1% to USD 32.1 million, while adjusted EBITDA decreased 7.8% to USD 49.6 million.
  • FY operating income was USD 5.4 million and FY net income was USD 4.1 million.
  • Guidance for FY2027 calls for net sales of USD 700.0 million to USD 750.0 million, and net income of USD 5.0 million to USD 14.0 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lovesac Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603260700PRIMZONEFULLFEED9678882) on March 26, 2026, and is solely responsible for the information contained therein.

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