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 |
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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
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
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
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 for Life home technology brand announces the arrival of the Reclining Seat. Seamlessly integrating advanced reclining technology into the modular, sectional system, known as Sactionals, the Reclining Seat delivers unparalleled comfort and flexibility while maintaining the sleek, sophisticated aesthetic that Lovesac is known for. The Reclining Seat, like all Sactionals innovations, allows
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 Couch, announced that it will host an Investor Day in New York City, NY on Tuesday, December 17 at 10 a.m. Eastern Time. Chief Executive Officer, Shawn Nelson, President and Chief Operating Officer, Mary Fox, Executive Vice President and Chief Financial Officer, Keith Siegner, and other members of the senior leadership team will provide an in-depth review of the company's strategic framework, new products and growth initiatives, commitment to operational excellence, and financial ambitions. Th
Lovesac reinvents the meaning of customizable living, with the world's most versatile table…. STAMFORD, Conn., Sept. 17, 2024 /PRNewswire/ -- The Lovesac Company, a technology-driven company that creates and sells unique, high-quality furniture through its proprietary Designed for Life approach that adapts to customers' changing needs, announces the arrival of AnyTableTM – The World's Most Versatile TableTM that seamlessly enhances ANY Sactionals living space. The perfect blend of style, convenience and functionality, AnyTable brings the Sactionals experience to new heights. The AnyTable provides the Lovesac Sactionals customer with a completely new way to enhance a
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
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, Conn., Sept. 9, 2024 /PRNewswire/ -- Lovesac, the Designed for Life home furnishing and technology brand that most recently reinvented the living room accent chair with the launch of the PillowSac Accent Chair, has teamed up with disruptive fashion label KidSuper to launch, "Get Comfy with KidSuper," a first-of-its kind, limited-edition collection of home furnishing styles. Inspired by the infamous KidSuper 'Kissing' print, the disruptive collection merges cloud-like comfort with boundary-push
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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
Net Sales Growth of 14.3%Net loss improves 68.2% STAMFORD, Conn., Dec. 06, 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, today announced financial results for the third quarter of fiscal 2024, which ended October 29, 2023. Shawn Nelson, Chief Executive Officer, stated, "We delivered another quarter of strong financial results and category outperformance highlighted by 14.3% net sales growth on top of 15.5% net sales growth in the fiscal third quarter of last year. Our disruptive Designed For Life platform, commitment to product innovation, compelling marke
STAMFORD, Conn., Nov. 29, 2023 (GLOBE NEWSWIRE) -- The Lovesac Company (NASDAQ:LOVE) today announced that its third quarter financial results will be released before market open on Wednesday, December 6, 2023. 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 con
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