Lovesac CoLOVE

NasdaqConsumer SpendingRetail-Furniture Stores
Price (close)
$14.70
Market cap
$212.0M
P/E
11.8x
Revenue (TTM)
$697.7M
Net income
$17.9M
Dividend yield
—
1-year total return
-16.1%
Net margin
2.6%
Revenue growth
1.1%
Debt / equity
—

What Lovesac Co does.

We are a technology driven company that designs, manufactures and sells unique, high quality furniture derived through our proprietary Designed for Life® approach which results in products that are built to last a lifetime and designed to evolve as our customers’ lives do. Our current product offering is comprised of modular couches called Sactionals®, premium foam beanbag chairs called Sacs®, the immersive surround sound home theater system called StealthTech®, the PillowSac® Chair, the Sactionals Reclining Seat, a recently launched platform of premium seating called Snugg TM , and various accessories. Innovation is at the center of our design philosophy with all of our core products protected by a robust portfolio of utility and design patents. We market and sell our products through an omni-channel platform that includes direct-to-consumer touch points in the form of our own showrooms and online directly at www.lovesac.com. We believe that our ecommerce centric approach, coupled with our ability to deliver our large upholstered products through express couriers, is unique to the furniture industry.

Our products serve as a set of building blocks that can be rearranged, restyled and re-upholstered for any new setting or occasion, mitigating constant changes in fashion and style. They are built to last and evolve throughout a customer’s life.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$320.7M$498.2M$651.2M$700.3M$680.6M$697.1M
Net income$14.7M$47.5M$26.5M$23.9M$11.6M$4.1M
Free cash flow$32.1M$18.0M-$46.6M$47.7M$18.0M$26.2M

More on LOVE.

Figures from Lovesac Co's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.