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home / news releases / LOVE - Lovesac Is Firing On All Cylinders


LOVE - Lovesac Is Firing On All Cylinders

  • Lovesac has emerged as a strong momentum buy amid the pandemic.
  • The rapid consumer shift to e-commerce has dramatically benefited Lovesac's millennial-oriented furniture business.
  • Growth and gross margins are both shattering records, and in 2021, Lovesac was even profitable on a GAAP basis - a rarity for small-cap e-commerce companies.
  • As we look forward to retail stores reopening, Lovesac has a strong omni-channel playbook to work with.
  • Another possible bullish catalyst for Lovesac is if the Biden administration removes China tariffs, which cost Lovesac roughly 4% of its gross margin in 2020.

For further details see:

Lovesac Is Firing On All Cylinders
Stock Information

Company Name: The Lovesac Company
Stock Symbol: LOVE
Market: NASDAQ
Website: lovesac.com

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