The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, foot sac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 31, 2021, the Company operated 108 showrooms. It markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, and street locations in 36 states of the United States; and in store pop-up- shops and shop-in-shops. The Lovesac Company was founded in 1995 and is based in Stamford, Connecticut.
IPO Year: 2018
Exchange: NASDAQ
Website: lovesac.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/17/2024 | $36.00 → $38.00 | Buy | Maxim Group |
4/17/2024 | $36.00 | Buy | Maxim Group |
3/29/2023 | $32.00 → $36.00 | Buy | ROTH MKM |
9/10/2021 | $100.00 → $105.00 | Buy | Roth Capital |
9/10/2021 | $98.00 → $102.00 | Buy | BTIG |
Maxim Group reiterated coverage of Lovesac with a rating of Buy and set a new price target of $38.00 from $36.00 previously
Maxim Group initiated coverage of Lovesac with a rating of Buy and set a new price target of $36.00
ROTH MKM reiterated coverage of Lovesac with a rating of Buy and set a new price target of $36.00 from $32.00 previously
Roth Capital reiterated coverage of Lovesac with a rating of Buy and set a new price target of $105.00 from $100.00 previously
BTIG reiterated coverage of Lovesac with a rating of Buy and set a new price target of $102.00 from $98.00 previously
DA Davidson reiterated coverage of Lovesac with a rating of Buy and set a new price target of $110.00 from $85.00 previously
Craig-Hallum reiterated coverage of Lovesac with a rating of Buy and set a new price target of $110.00 from $85.00 previously
Stifel reiterated coverage of Lovesac with a rating of Buy and set a new price target of $105.00 from $75.00 previously
Canaccord Genuity reiterated coverage of Lovesac with a rating of Buy and set a new price target of $98.00 from $77.00 previously
Roth Capital reiterated coverage of Lovesac with a rating of Buy and set a new price target of $100.00 from $95.00 previously
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STAMFORD, Conn., April 10, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand, today announced the appointment of Heidi Cooley as Chief Brand and Marketing Officer, effective April 23, 2025. Ms. Cooley will be the first Chief Brand and Marketing Officer for Lovesac and will lead all aspects of marketing, eCommerce and brand strategy for the Company. She will report to Mary Fox, President, and serve on the company's Executive Leadership Team. "We are thrilled to welcome Heidi to the Lovesac family," said Shawn Nelson, Chief Executive Officer of Lovesac. "With a remarkable track record of brand-building an
Fourth Quarter Net Sales of $241.5 million Fiscal Year Net Sales of $680.6 million STAMFORD, Conn., April 10, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the fourth quarter and full year fiscal 2025, which ended February 2, 2025. Note: Lovesac's prior year fourth quarter and fiscal 2024 results contain an additional, non-comparable week, or the "53rd week", when compared to the fourth quarter and full year results for the respective 52- and 13-week periods ended February 2, 2025 ("fiscal 2025")
The Lovesac Company Was Recognized at Premier Innovation Awards Honoring Game-Changing Breakthroughs FORT MYERS, Fla., April 7, 2025 /PRNewswire/ -- The Edison Awards, now in its 38th year of recognizing the world's most impactful innovations, announced that The Lovesac Company has been honored with the Bronze Edison for Sustainable Consumer Solutions award at the prestigious April 3rd awards gala in Fort Myers, FL. Members of the Lovesac leadership team joined industry leaders, pioneering entrepreneurs, and top executives to celebrate the remarkable achievements of this year's winners.
STAMFORD, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand, today announced that its fourth quarter and fiscal 2025 financial results will be released before market open on Thursday, April 10, 2025. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.lovesac.co
The "Recline of Civilization" movement implores customers to kick back and relax while embracing "JOMO" and anti-hustle culture comfortably STAMFORD, Conn., March 11, 2025 /PRNewswire/ -- With The Lovesac Company's Reclining Seat launch, the recliner has been freed from the man cave and is ready to take center-stage in your living space. Thanks to a completely modern re-design, Lovesac is declaring the recliner "un-cancelled"—and has teamed up with Kathy Hilton, Jay Shetty and Funny Marco to show the world this long-time interior-design "don't" is a DO once again. Experience the full interactive Multichannel News Release here: https://www.multivu.com/lovesac/9257651-en-lovesac-revives-recli
Rooted in a shared commitment to sustainability and community, the partnership combines product donations, hands-on volunteer efforts, and innovative furniture solutions to help families create stable, comfortable homes STAMFORD, Conn., Feb. 25, 2025 /PRNewswire/ -- The Lovesac Company, the technology driven company that designs, manufactures, and sells unique, high-quality furniture derived through its proprietary "Designed for Life" approach, is proud to announce a partnership with Habitat for Humanity, the global housing nonprofit organization dedicated to building strength, stability, and self-reliance through shelter. Together, the two organizations aim to make a lasting impact on fam
STAMFORD, Conn., Jan. 07, 2025 (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 Couch, today announced that the Company is scheduled to participate in the 2025 ICR Conference on Tuesday, January 14, 2025, at 11:00 a.m. Eastern Time. The fireside chat will be webcast live over the Internet and can be accessed on the Company's Investor Relations website, investor.lovesac.com. An online archive will be available on that site following the event. About The Lovesac Company Based in Stamford, Connecticut, The Lovesac Company is a technology driven company that designs, manufa
STAMFORD, Conn., Dec. 20, 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 Couch, has released its ESG & Impact Report for the 2024 fiscal year ended February 4, 2024. This report highlights the company's continued commitment to environmental sustainability, social responsibility, and governance ("ESG"). Shawn Nelson, Chief Executive Officer, stated, "Lovesac's commitment to sustainability and responsible business practices is at the heart of our operations. We are dedicated to creating products that are Designed for Life, reducing our environmental impact, and foste
STAMFORD, Conn., Dec. 17, 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 Couch, will host an Investor Day today, December 17, 2024, at 10:00 am ET. Interested parties may access the webcast of the event, related published materials and a replay of the event by accessing Lovesac's IR website at https://investor.lovesac.com/. The event will feature presentations by members of Lovesac's leadership team, followed by a live question-and-answer session. Chief Executive Officer, Shawn Nelson, President and Chief Operating Officer, Mary Fox, Executive Vice President a
STAMFORD, Conn., Dec. 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 Couch, today announced financial results for the third quarter of fiscal 2025, which ended November 3, 2024. Shawn Nelson, Chief Executive Officer, stated, "Near-term headwinds for our category clearly persisted through the pre-election period. However, we gained market share and strengthened our competitive position through our relentless focus on product innovation and operational excellence. Our expanding portfolio of innovative products is resonating with customers and creating new avenues
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Fourth Quarter Net Sales of $241.5 million Fiscal Year Net Sales of $680.6 million STAMFORD, Conn., April 10, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the fourth quarter and full year fiscal 2025, which ended February 2, 2025. Note: Lovesac's prior year fourth quarter and fiscal 2024 results contain an additional, non-comparable week, or the "53rd week", when compared to the fourth quarter and full year results for the respective 52- and 13-week periods ended February 2, 2025 ("fiscal 2025")
STAMFORD, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand, today announced that its fourth quarter and fiscal 2025 financial results will be released before market open on Thursday, April 10, 2025. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.lovesac.co
STAMFORD, Conn., Dec. 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 Couch, today announced financial results for the third quarter of fiscal 2025, which ended November 3, 2024. Shawn Nelson, Chief Executive Officer, stated, "Near-term headwinds for our category clearly persisted through the pre-election period. However, we gained market share and strengthened our competitive position through our relentless focus on product innovation and operational excellence. Our expanding portfolio of innovative products is resonating with customers and creating new avenues
STAMFORD, Conn., Dec. 05, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand, today announced that it will release its financial results for the third quarter of fiscal 2025 before market open on Thursday, December 12, 2024. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.lov
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 Couch, today announced financial results for the second quarter of fiscal 2025, which ended August 4, 2024. Shawn Nelson, Chief Executive Officer, stated, "Our second quarter results were inline with our expectations as we continued to drive market share gains amidst a challenging industry backdrop. We are pleased with the incredible reception we have seen with the product innovation we have delivered recently through our PillowSac Accent Chair as well as our newly launched AnyTable. We are e
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 Couch, today announced that its second quarter financial results will be released before market open on Thursday, September 12, 2024. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available
Q1 FY25 Net Sales of $132.6 MillionReaffirms Full Year Fiscal 2025 Outlook STAMFORD, Conn., June 13, 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 Couch, today announced financial results for the first quarter of fiscal 2025, which ended May 5, 2024. Shawn Nelson, Chief Executive Officer, stated, "We are pleased to deliver first quarter performance inline to slightly above the high end of our expectations. Our results reflect continued outperformance compared to the industry and demonstrate our commitment to executing against our objectives. We believe through ou
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, 2024. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.lovesac.com. A recorded replay of the conference call will be available within two hours of the conclusion
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 home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the fourth quarter and fiscal 2024, which ended February 4, 2024. Note: Lovesac's fourth quarter and fiscal 2024 results contain an additional, non-comparable week, or the "53rd week", when compared to the fourth quarter and full year results for the respective 52- and 13-week periods ended January 29, 2023 ("fiscal 2023"), and full year guidance for th
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 Thursday, April 11, 2024. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.lovesac.com. A recorded replay of the conference call will be available within two hours
STAMFORD, Conn., April 10, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand, today announced the appointment of Heidi Cooley as Chief Brand and Marketing Officer, effective April 23, 2025. Ms. Cooley will be the first Chief Brand and Marketing Officer for Lovesac and will lead all aspects of marketing, eCommerce and brand strategy for the Company. She will report to Mary Fox, President, and serve on the company's Executive Leadership Team. "We are thrilled to welcome Heidi to the Lovesac family," said Shawn Nelson, Chief Executive Officer of Lovesac. "With a remarkable track record of brand-building an
Former Vitamin Shoppe CEO and Pier 1 Imports exec to lead the revitalization of storied retail, educational and health & wellness brands. OMNI Retail Enterprises (OMNI), operator of a portfolio of lifestyle digital storefronts and communities covering home decor, apparel, health & wellness products, fitness & educational and more, named retail industry insider Sharon M. Leite CEO. Leite is charged with revitalizing OMNI's iconic brands, which include Bodybuilding.com, Pier 1 Imports, Dress Barn, Mentorbox.com and others, into omni-channel powerhouses. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240626837348/en/Sharon M. Lei
Romig Brings Extensive Experience Scaling High-Growth Businesses and Building Teams Mitchem and Harris Broaden the Investment Management Experience of the Board of Directors Techstars, the largest pre-seed investor in the world, today announced the appointment of Shirley Romig who will serve as the new Chief Accelerator Investment Officer and will report to Techstars CEO, Maëlle Gavet. In addition, Techstars also announced the appointment of Kristi Mitchem and Julie Harris to its Board of Directors (the "Board"). As Chief Accelerator Investment Officer, Romig is responsible for overseeing Techstars' accelerator programs and managing the selection, funding and mentoring of entrepreneur
STAMFORD, Conn., July 24, 2023 (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 Couch, announced today that Carly Kawaja has been named Chief People Officer (CPO), effective July 17, 2023. She will report to President and Chief Operating Officer, Mary Fox. In this role, Ms. Kawaja will be responsible for leading the vision, strategy and operations of Lovesac's talent management including associate experience, rewards, talent acquisition, development, diversity, inclusion and belonging. Prior to Lovesac, Ms. Kawaja led the Human Resource organization at Athleta from 2019 t
STAMFORD, Conn., Nov. 03, 2022 (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 Couch™, today announced that John Legg has been appointed as Chief Supply Chain Officer, effective October 31, 2022. In this role, Mr. Legg will be responsible for leading the vision, strategy, and operations of Lovesac's Supply Chain functions including manufacturing, planning, inventory, distribution and logistics. Mr. Legg has over 25 years of experience in Supply Chain management across retail, wholesale and direct-to-consumer businesses, with leadership roles spanning manufacturing, distr
STAMFORD, Conn., July 01, 2022 (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 Couch™, today announced that Vineet Mehra has been appointed to the Board of Directors, effective July 1, 2022. Andrew Heyer, Chairman of the Board of Directors, stated, "We are very excited to welcome Vineet to our Board. His extensive experience with mission-driven brands that lead through innovation make him a natural fit for Lovesac. His considerable expertise in marketing as well as in creating world-class customer experiences for some of the biggest retail and consumer companies worldwid
STAMFORD, Conn., April 21, 2022 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) ("Lovesac" or the "Company"), a technology driven company that designs, manufactures, and sells unique, high quality, innovative furniture, is pleased to announce that Todd Duran has been named Chief Information Officer (CIO), effective April 15, 2022. In his new role, Mr. Duran will be responsible for leading the vision, strategy, and operations of Lovesac's technology functions. He will also provide strategic leadership and leverage technology to foster an environment that will elevate the customer's experience and drive the Company's success. Mr. Duran has a longstanding history of driving business