Lovesac Raises FY2027 GAAP EPS Guidance from $0.34-$0.81 to $0.98-$1.26 vs $0.56 Est; Lowers FY2027 Sales Guidance from $700.000M-$740.000M to $690.000M-$710.000M vs $715.275M Est
Lovesac (NASDAQ:LOVE) raises FY2027 GAAP EPS guidance from $0.34-$0.81 to $0.98-$1.26 vs $0.56 analyst estimate. Lowers FY2027 sales outlook from $700.000 million-$740.000 million to $690.000 million-$710.000 million vs
Lovesac expects to make more profit per share next year, but it will sell less stuff than it thought. This means the company is getting smarter about spending money, even though fewer people are buying.
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