India, Sept. 10 -- While reporting financial results for the second quarter on Thursday, Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, provided loss guidance for the third quarter, and raised its earnings guidance for the full-year 2027, while trimming annual net sales outlook.
For the third quarter, the company expects a loss in a range of $0.62 to $0.83 per basic share on net sales between $140 million and $150 million.
Looking ahead to fiscal 2027, the company now projects earnings in a range of $0.98 to $1.26 per share on net sales between $690 million and $710 million.
Previously, the company expected earnings in the range of $0.34 to $0.81 per share on net sales between $700 million and $740 million.
The Comp...