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LOVE - Lovesac: Okay Now I'm Sold
December, 14 2020 03:14 PM
The Lovesac Company
Shares of Lovesac have rallied on recent fundamental strength. Lovesac has enjoyed the same demand boost that other furniture stocks like Wayfair and Restoration Hardware have benefited from this year. In the company's most recent quarter, revenue growth accelerated from 28% y/y to a stunning 42% y/y. Lovesac's margin profile has also dramatically elevated, positioning the company for GAAP profitability. For further details see:
Lovesac: Okay, Now I'm Sold
Stock Information
Company Name:
The Lovesac Company
Stock Symbol:
LOVE
Market:
NASDAQ
Website:
lovesac.com
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