Company
The Lovesac Company
Headquarters: Stamford, CT, United States
Founded: 1995
Employees: 369
CEO: Mr. Shawn David Nelson
Market Cap
$389.7 Million
USD as of Jan. 1, 2024
Top Competitors by Market Capitalization
Industry: Furnishings, Fixtures & Appliances
| Company | Market Cap (USD) |
|---|---|
| Haier Smart Home Co Ltd | $27.24 B |
| Fortune Brands Home & Security, Inc. | $9.57 B |
| Tempur Sealy International, Inc. | $8.32 B |
| SEB SA | $6.74 B |
| Whirlpool Corporation | $6.48 B |
Detailed Description
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.
Top 1-year algo backtest: +269.94%
$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.
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Stocks & Indices
The Lovesac Company has the following listings and related stock indices.
Stock: NASDAQ: LOVE wb_incandescent
Product & Services
Sactionals, Sacs, Accessories
Key People
Founder(s): Shawn David Nelson
Shawn David Nelson (CEO & Director)
Financials
Revenue: US$ 165.88 million (FY2019)
Operating income: US$ −7.04 million (FY2019)
Net income: US$ −6.7 million (FY2019)
Total assets: US$ 105 million (FY2019)
Total equity: US$ 78.97 million (FY2019)