The Lovesac Company (LOVE)

NASDAQ: LOVE · Real-Time Price · USD
37.08
-0.86 (-2.27%)
Dec 3, 2024, 12:03 PM EST - Market open
-2.27%
Market Cap 576.92M
Revenue (ttm) 693.78M
Net Income (ttm) 9.79M
Shares Out 15.56M
EPS (ttm) 0.59
PE Ratio 62.82
Forward PE 27.57
Dividend n/a
Ex-Dividend Date n/a
Volume 68,703
Open 37.75
Previous Close 37.94
Day's Range 36.74 - 37.85
52-Week Range 18.21 - 38.94
Beta 2.98
Analysts Strong Buy
Price Target 36.40 (-1.83%)
Earnings Date Dec 13, 2024

About LOVE

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory ... [Read more]

IPO Date Jun 26, 2018
Employees 1,991
Stock Exchange NASDAQ
Ticker Symbol LOVE
Full Company Profile

Financial Performance

In 2023, The Lovesac Company's revenue was $700.27 million, an increase of 7.54% compared to the previous year's $651.18 million. Earnings were $23.86 million, a decrease of -9.92%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LOVE stock is "Strong Buy." The 12-month stock price forecast is $36.4, which is a decrease of -1.83% from the latest price.

Price Target
$36.4
(-1.83% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Charge Your Phone For FREE At Lovesac This Holiday Shopping Season

New StealthTech Charge Side brings wireless charging to any Sactionals configuration STAMFORD, Conn. , Nov. 25, 2024 /PRNewswire/ -- The Lovesac Company, the Designed for Life home and technology bran...

8 days ago - PRNewsWire

Lovesac Introduces Sactionals Reclining Seat: The World's Most Innovative Power Recliner

Blending luxury, functionality and style, the invisible recliner integrates into virtually any Sactionals configuration STAMFORD, Conn., Nov. 20, 2024 /PRNewswire/ -- The Lovesac Company, the Designed...

13 days ago - PRNewsWire

The Lovesac Company to Host Investor Day

STAMFORD, Conn., Oct. 21, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World's Most Adaptable ...

6 weeks ago - GlobeNewsWire

Lovesac Introduces AnyTable, the First Fully Customizable Table Solution Designed to Transform Your Living Space

Lovesac reinvents the meaning of customizable living, with the world's most versatile table

2 months ago - PRNewsWire

@LoveSacHQ Keeps Foot "Gently on the Gas" to Overcome Macro Challenges

Shawn Nelson, CEO of @LoveSacHQ joins Nicole Petallides on the Watch List. He talks about how the company navigated macro headwinds to come out of the quarter with an earnings beat.

2 months ago - Schwab Network

The Lovesac Company (LOVE) Q2 2025 Earnings Call Transcript

The Lovesac Company (NASDAQ:LOVE) Q2 2025 Earnings Conference Call September 12, 2024 8:30 AM ET Company Participants Caitlin Churchill - Investor Relations Shawn Nelson - Chief Executive Officer Mar...

2 months ago - Seeking Alpha

The Lovesac Company Reports Second Quarter Fiscal 2025 Financial Results

STAMFORD, Conn., Sept. 12, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World's Most Adaptable...

2 months ago - GlobeNewsWire

Top Wall Street Forecasters Revamp Lovesac Price Expectations Ahead Of Q2 Earnings

The Lovesac Company LOVE will release earnings results for its second quarter, before the opening bell on Thursday, Sept. 12.

2 months ago - Benzinga

Lovesac Announces Limited-Edition Home Furnishings Collaboration with KidSuper

The brands return to NYFW with a disruptive launch of exclusive products paired with satirical branded content sitcom "Get Comfy with KidSuper", merging artful streetwear with Lovesac comfort STAMFORD...

3 months ago - PRNewsWire

The Lovesac Company Announces Second Quarter Conference Call Date

STAMFORD, Conn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World's Most Adaptable...

3 months ago - GlobeNewsWire

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of The Lovesac Company (LOVE) Investigation

NEW YORK, NY / ACCESSWIRE / September 1, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Lovesac Company ("Lovesac" or "the Company") (NASDAQ...

3 months ago - Accesswire

The Lovesac Company Announces a Five-Year Extension of Its Credit Facility and Inaugural Share Repurchase Program

Expands Revolving Credit Facility with 5-Year Extended Maturity Board of Directors Authorizes $40 Million Share Repurchase Program STAMFORD, Conn., July 31, 2024 (GLOBE NEWSWIRE) -- The Lovesac Compan...

4 months ago - GlobeNewsWire

Lovesac: Still Attractive Despite Guidance Skepticism

Lovesac's growth has slowed down due to industry weakness, but underneath, the company is still expanding showrooms, creating a great foundation for a growth return. The company's FY2025 guidance coul...

5 months ago - Seeking Alpha

OMNI Retail Enterprises Names Industry Leader Sharon M. Leite CEO

NEW YORK--(BUSINESS WIRE)--Former Vitamin Shoppe CEO and Pier 1 Imports exec to lead the revitalization of storied retail, educational and health & wellness brands.

5 months ago - Business Wire

The Lovesac Company (LOVE) Q1 2025 Earnings Call Transcript

The Lovesac Company (NASDAQ:LOVE) Q1 2025 Earnings Conference Call June 13, 2024 8:30 AM ET Company Participants Caitlin Churchill - ICR, Investor Relations Shawn Nelson - Chief Executive Officer Mar...

6 months ago - Seeking Alpha

The Lovesac Company Reports First Quarter Fiscal 2025 Financial Results

Q1 FY25 Net Sales of $132.6 Million Reaffirms Full Year Fiscal 2025 Outlook STAMFORD, Conn., June 13, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home...

6 months ago - GlobeNewsWire

Top Wall Street Forecasters Revamp Lovesac Expectations Ahead Of Q1 Earnings

The Lovesac Company LOVE will release earnings results for its first quarter, before the opening bell on Thursday.

6 months ago - Benzinga

The Lovesac Company Announces First Quarter Conference Call Date

STAMFORD, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced that its first quarter financial results will be released before market open on Thursday, June 13,...

6 months ago - GlobeNewsWire

Lovesac Announces New PillowSac Accent Chair Combining Cloud-Like Comfort and Sophisticated Style

The PillowSac Accent Chair enhances the PillowSac experience by blending unparalleled comfort and elevated style that's perfect for the living room. STAMFORD, Conn.

7 months ago - PRNewsWire

Lovesac: From Basement Bean Bags to a $700M Tech-Enabled Furniture Business with CEO Shawn Nelson

In this episode of the After Earnings podcast, host Katie Perry sat down with LoveSac CEO Shawn David Nelson to discuss LoveSac's success as a modular couch company whose products are designed to adap...

7 months ago - After Earnings

Why Lovesac Continues To Grow While Other Furniture Brands Falter

As the furniture industry reels from a dramatic drop in consumer demand, Lovesac overcame market headwinds to report 7.5% growth in revenue in fiscal year 2024, reaching $700 million from $651 million...

8 months ago - Forbes

The Lovesac Company (LOVE) Q4 2024 Earnings Call Transcript

The Lovesac Company (NASDAQ:LOVE) Q4 2024 Earnings Conference Call April 11, 2024 8:30 AM ET Company Participants Caitlin Churchill - Investor Relations Shawn Nelson - Chief Executive Officer Mary Fo...

8 months ago - Seeking Alpha

Lovesac stock price: buy the dip or sell the rip?

The Lovesac Company (NASDAQ: LOVE) stock price was punched on Thursday after the company's guidance missed analysts' estimates. After closing at $23.35 on Wednesday, the stock plunged by over 16% to $...

8 months ago - Invezz

The Lovesac Company Reports Fourth Quarter and Fiscal 2024 Financial Results

Fourth Quarter Net Sales Growth of 5.0% Fiscal Year Net Sales Growth of 7.5% STAMFORD, Conn., April 11, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the ho...

8 months ago - GlobeNewsWire

Lovesac: Undervalued With Growth Potential Remaining

Lovesac's revenue growth has been impressive (+33% CAGR), driven by innovation and brand development in a slow-moving, mature industry. Management has invested in all facets of its offering to offer a...

9 months ago - Seeking Alpha