The Lovesac Company (LOVE)

NASDAQ: LOVE · IEX Real-Time Price · USD
21.70
-0.15 (-0.69%)
Apr 26, 2024, 2:46 PM EDT - Market open
-0.69%
Market Cap 336.36M
Revenue (ttm) 700.27M
Net Income (ttm) 23.86M
Shares Out 15.49M
EPS (ttm) 1.45
PE Ratio 14.99
Forward PE 14.25
Dividend n/a
Ex-Dividend Date n/a
Volume 115,777
Open 21.98
Previous Close 21.85
Day's Range 21.65 - 22.21
52-Week Range 14.18 - 29.81
Beta 2.82
Analysts Strong Buy
Price Target 34.00 (+56.68%)
Earnings Date Apr 11, 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 909
Stock Exchange NASDAQ
Ticker Symbol LOVE
Full Company Profile

Financial Performance

In 2023, LOVE'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 3 analysts, the average rating for LOVE stock is "Strong Buy." The 12-month stock price forecast is $34.0, which is an increase of 56.68% from the latest price.

Price Target
$34.0
(56.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

13 days ago - Forbes

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 $...

15 days 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...

15 days ago - GlobeNewsWire

The Lovesac Company to Announce Fourth Quarter and Fiscal 2024 Earnings Results

STAMFORD, Conn., March 21, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced that its fourth quarter and fiscal 2024 financial results will be released before market open on ...

5 weeks ago - GlobeNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against The Lovesac Company (LOVE)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 20, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of inves...

2 months ago - Business Wire

LOVE Investors Have Opportunity to Lead The Lovesac Company Securities Fraud Lawsuit

BENSALEM, Pa. , Feb. 16, 2024 /PRNewswire/ -- Law Offices of Howard G.

2 months ago - PRNewsWire

LOVESAC SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Lovesac To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $50,000 investing in Lovesac stock or options between March 30, 2023 and August 16, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh...

2 months ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in The Lovesac Company of Class Action Lawsuit and Upcoming Deadlines- LOVE

NEW YORK , Feb. 15, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against The Lovesac Company ("Lovesac" or the "Company") (NASDAQ: LOVE). The class action, f...

2 months ago - PRNewsWire

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac...

2 months ago - Accesswire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac...

2 months ago - Accesswire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

2 months ago - Accesswire

Lovesac and KidSuper Announce Multi-Season Partnership Merging Vibrant Street Style and Luxury Home Furnishings

Fashion Week collaboration will unveil limited-edition product collection and celebrate the launch of the KidSuper Headquarters in New York  STAMFORD, Conn. , Feb. 8, 2024 /PRNewswire/ -- The Lovesac ...

2 months ago - PRNewsWire

IMPORTANT DEADLINE NOTICE: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

2 months ago - Accesswire

FINAL DEADLINE APPROACHING: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

2 months ago - Accesswire

ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages The Lovesac Company Investors to Secure Counsel Before Important Deadline in Securities Class Action - LOVE

NEW YORK , Feb. 4, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Lovesac Company (NASDAQ: LOVE) between March 30, 2023 and August...

2 months ago - PRNewsWire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

2 months ago - Accesswire

LOVESAC SHAREHOLDER ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Lovesac To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $50,000 investing in Lovesac stock or options between March 30, 2023 and August 16, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh...

3 months ago - PRNewsWire

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

3 months ago - Accesswire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

3 months ago - Accesswire

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages The Lovesac Company Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - LOVE

NEW YORK , Jan. 29, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Lovesac Company (NASDAQ: LOVE) between March 30, 2023 and Augus...

3 months ago - PRNewsWire

LOVESAC INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Lovesac To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $50,000 investing in Lovesac stock or options between March 30, 2023 and August 16, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh...

3 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

3 months ago - Accesswire

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

3 months ago - Accesswire

IMPORTANT DEADLINE NOTICE: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

3 months ago - Accesswire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in The Lovesac Company with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Lovesac Company ("Lovesac"...

3 months ago - Accesswire