Lovesac (LOVE) Q1 Earnings: Revenue Surpasses Expectations Despite Loss

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Lovesac (LOVE) reported a quarterly loss of $0.76 per share for the period ending April 2026, exceeding the Zacks Consensus Estimate of a $1.03 loss. This marks a year-over-year decline from a loss of $0.73 per share. The company posted revenues of $138.2 million, slightly above the consensus estimate by 0.81%, but down from $138.37 million a year earlier.

This earnings report reflects a surprise of +26.21%. Over the past year, Lovesac has surpassed consensus EPS estimates in three out of four quarters. However, the company’s current Zacks Rank is #4 (Sell), indicating expected underperformance in the near future. Investors are watching closely as consensus estimates for the upcoming quarters predict a loss of $0.40 on revenues of $164.99 million.

In broader retail news, Kroger (KR) is scheduled to report earnings on June 18, 2026, with estimates of $1.58 per share and revenues of $45.4 billion, reflecting a 0.6% increase year-over-year.

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