Lovesac Q1 FY27 net loss widens 2.3% to $11.1 million; net sales slip 0.1% to $138.2 million

Lovesac Co.

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Lovesac posted a Q1 fiscal 2027 net loss of USD 11.1 million, or USD 0.76 per share, widening 2.3% year over year.
Net sales slipped 0.1% from a year earlier to USD 138.2 million, with internet rising 7.1% to USD 35.7 million.
Gross margin fell 1.6 percentage points to 52.1% on higher inbound transportation and tariff costs, despite product-margin gains.
Adjusted EBITDA loss widened 24.8% to USD 10.5 million; cash used in operating activities improved to USD 35.4 million.
Forecast FY27 net sales of USD 700 million-USD 740 million; expects Q2 net sales of USD 157 million-USD 166 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: 202606110700PRIMZONEFULLFEED9735238) on June 11, 2026, and is solely responsible for the information contained therein.

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