- Shares of Lovesac have lost ~50% of their value since the start of November.
- Largely speaking, the company's strong fundamentals have held intact. Revenue growth is clocking in north of >50% y/y, due to a rebound in showroom sales.
- The company is also continuing to innovate, adding embedded sound systems into its products.
- The only recent issue with Lovesac is higher freight and tariff costs, which is a pain being felt across consumer products companies. Still, the company has been able to hang onto its profits.
For further details see:
Lovesac: Time To Buy The Dip