- 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