LOVE News and Press, The Lovesac Company From 01/08/21

BTIG turns more constructive on Lovesac (LOVE) after meeting with management.Analyst Camilo Lyon: "The tone of the meetings was positive both on current momentum in the business and the vast long term opportunity for LOVE. Recall, at just over ~$300M in sales this year, LOVE's share of the U....

STAMFORD, Conn., Jan. 06, 2021 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq:LOVE) (the “Company”) today announced that the Company is scheduled to participate in a fireside chat at the 2021 ICR Conference held virtually on Monday, January 11, 2021, at 12:30 pm Eastern Time....

In light of the holiday-shortened week, the team opted for a slightly different course with this episode. In this video we discuss our favorite 2021 outlook pieces. Kim: Constellation Brands (STZ) features in multiple "top picks for 2021" lists, including from UBS, which named it as one of it...

Holiday retail sales excluding automotive and gasoline increased 3.0% this expanded holiday season, according to tracking from Mastercard SpendingPulse.Online sales were up 49.0% for an extended holiday period tracking that ran from October 11 to December 24.E-commerce accounted for 19.7% of ...

The biggest retail trend in 2020 was the accelerated shift Americans made to online shopping, driven by the COVID-19 pandemic. This trend will be a big contributor to the economy in 2021 as e-commerce continues to grow as a percentage of total retail sales. As the number one holid...

Lovesac reported its Q3 earnings that beat expectations with strong growth and firming margins. The company is benefiting from marketing initiatives including social media advertising along with surging e-commerce sales. A partnership with Best Buy for shop-in-shop displays and on...

Strong growth rates are consistently strong, as Lovesac continues to gain market share. The only blemish on its financial performance is its lackluster free cash flow generation. On balance, the stock remains undoubtedly cheaply valued. For further details see: Lovesac: ...

LOVE has rallied enormously this year. Consumer preferences for furniture shopping are changing, and to the benefit of players like Lovesac. I see a very long runway for growth, although the stock isn't exactly cheap. For further details see: Lovesac: An Exceptional Grow...

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 t...

BTIG thinks Lovesac Company's (LOVE) FQ3 report is a game changer. Analyst Camilo Lyon: "We are most excited about what appears to be a meaningful change in LOVE's gross margin profile as FQ3 gross margin of 55.3% reached LOVE's stated mid-50s goal several quarters earlier than expected. The ...