Lovesac Boosts FY27 EPS Outlook As Swings To Profit In Q2; Shares Tumble 12.7% On Weak Q3 Outlook

Lovesac reported second-quarter results and guided to a third-quarter loss, while raising its full-year fiscal 2027 earnings outlook. The company simultaneously trimmed annual net sales guidance, signaling a mixed outlook in which improved profitability expectations are offset by softer revenue expectations. The excerpt does not provide the magnitude of the guidance changes or quarterly financial figures.