Lovesac

Q2 FY2027 EarningsQ2 FY27 results delivered a significant bottom-line beat primarily driven by one-time tariff recoveries, despite a slight revenue miss. Net sales of $161.2M marginally missed the $162.4M consensus, impacted by a 1.9% decline in omni-channel comparable sales. However, Diluted EPS of $0.51 substantially exceeded the expected loss of $0.36, bolstered by $21.0M in IEEPA tariff refunds. While gross margins reached a record 68.4% due to these refunds, core margins (ex-refunds) compressed slightly by 40 bps YoY. Full-year FY27 revenue guidance was tightened to $690M–$710M, largely in line with expectations, reflecting a cautious stance on the choppy home furnishings category.