10:17 AM EST, 12/17/2024 (MT Newswires) -- Lovesac ( LOVE ) outlined its financial targets for the coming years during its Investor Day on Tuesday.

The company introduced a "multi-year financial algorithm", estimating annual net sales growth of 10% to 15% and an annual earnings per share growth of at least 25% in a normalized year.

For fiscal 2026, Lovesac ( LOVE ) said it expects net sales growth of 7% to 12% and an annual EPS growth of at least 100%.

The targets are based on industry outperformance assumption of 10% to 15% and do not factor in impact of potential tariffs, Lovesac ( LOVE ) said.

Lovesac ( LOVE ) shares fell 3.8% in early trading.

Price: 25.94, Change: -1.01, Percent Change: -3.75