Lovesac

Q1 FY2027 EarningsQ1 FY27 results marginally beat revenue consensus ($138.2M vs. $136.3M) but missed significantly on bottom-line metrics and margins. Gross margin of 52.1% fell 160 bps YoY and missed the 51.9% consensus when considering rising inbound freight and tariff costs. Diluted EPS (GAAP) of -$0.76 beat the -$1.05 consensus, largely aided by a higher-than-expected income tax benefit. Management refined FY27 guidance with revenue of $700M-$740M and provided Q2 revenue guidance of $157M-$166M, aligning with cautious recovery expectations.