Lovesac Co (LOVE)
The Lovesac Company designs, produces, and distributes distinctive furniture items. Their product range features "Sactionals," an innovative modular seating system made up of individual seats and sides, along with "Sacs," oversized foam-filled beanbag chairs. They also offer various complementary accessories, such as drink holders, "Footsac" blankets, decorative pillows, specialized fitted seat tables, and ottomans. As of January 30, 2022, the company maintained 146 showrooms. Lovesac primarily sells its products through its website, lovesac.com, bolstered by a network of physical showrooms found in upscale malls, lifestyle centers, kiosks, mobile concierge units, and street locations throughout 39 U.S. states. They also utilize in-store pop-up shops and dedicated shop-in-shop spaces. The company was established in 1995 and is headquartered in Stamford, Connecticut.
Sector: Retail-Furniture Stores
Industry: Furnishings, Fixtures & Appliances
The Lovesac Company
NASDAQ:LOVEConsumer Cyclical · Furnishings, Fixtures & Appliances
+0.98%$15.49
AH Close$15.49+0.00%vs close
AH Close$15.49+0.00%vs close
Mkt Cap$223.42M
Float13.92M
O/S14.42M
Inst Own98.0%
SI23.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$697.12M
Net Income$4.07M
Total Assets$534.68M
Free Cash Flow$26.18M
Debt & Equity
Debt 47%
Equity 53%
Total Debt$192.51M
Total Equity$218.71M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in LOVE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$534.68M
Liabilities$315.98M
Accounts Receivable$11.73M
Accounts Payable$43.74M
Inventory$106.32M
PP&E (Net)$249.72M
Goodwill$144K
Intangible Assets$2.37M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-01 | 2025-02-02 | 2024-02-04 | 2023-01-29 | 2022-01-30 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 |
| Revenue | $697.12M | $680.63M | $700.26M | $651.18M | $498.24M | $320.74M | $233.38M | $165.88M | $101.81M | $76.34M | $74.15M |
| YoY Growth | 2.4% | -2.8% | 7.5% | 30.7% | 55.3% | 37.4% | 40.7% | 62.9% | 33.4% | 3.0% | - |
| Cost of Revenue | $319.11M | $282.79M | $299.22M | $307.53M | $224.71M | $145.97M | $116.69M | $75M | $44.59M | $34.65M | $33.64M |
| Gross Profit | $378.01M | $397.83M | $401.04M | $343.65M | $273.53M | $174.77M | $116.69M | $90.88M | $57.22M | $41.7M | $40.51M |
| Gross Margin | 54.2% | 58.5% | 57.3% | 52.8% | 54.9% | 54.5% | 50.0% | 54.8% | 56.2% | 54.6% | 54.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $372.65M | $369.48M | $358.36M | $295.84M | $225.09M | $153.28M | $127.34M | $94.79M | $60.04M | $47.87M | $47.17M |
| Other | $0 | $14.71M | $12.6M | $10.84M | $7.86M | $6.61M | $5.16M | $3.13M | $2.21M | $0 | $0 |
| Total Operating Expenses | $372.65M | $384.19M | $370.97M | $306.69M | $232.95M | $159.89M | $132.5M | $97.92M | $62.25M | $47.87M | $47.17M |
| Operating Income (EBIT) | $5.36M | $13.65M | $30.08M | $36.97M | $40.58M | $14.88M | -$15.81M | -$7.04M | -$5.04M | -$6.17M | -$6.66M |
| Operating Margin | 0.8% | 2.0% | 4.3% | 5.7% | 8.1% | 4.6% | -6.8% | -4.2% | -4.9% | -8.1% | -9.0% |
| Interest Expense | $0 | $0 | $0 | $117K | $179K | $67K | $0 | $0 | $438K | $566K | $1.69M |
| Interest Income | $1.3M | $2.8M | $1.75M | $0 | $0 | $0 | $647K | $355K | $0 | $0 | $0 |
| Other Income (Expense) | $1.3M | $2.8M | $1.75M | -$117K | -$179K | -$67K | $647K | $355K | -$438K | -$566K | -$2.33M |
| Income Before Tax (EBT) | $6.67M | $16.45M | $31.82M | $36.85M | $40.4M | $14.81M | -$15.16M | -$6.69M | -$5.48M | -$6.74M | -$8.99M |
| Income Tax Expense | $2.6M | $4.89M | $7.96M | $10.36M | -$7.09M | $86K | $43K | $16K | $26K | $138K | $0 |
| Net Income | $4.07M | $11.56M | $23.86M | $26.49M | $47.49M | $14.73M | -$15.21M | -$6.7M | -$5.5M | -$6.87M | -$8.99M |
| Net Income Margin | 0.6% | 1.7% | 3.4% | 4.1% | 9.5% | 4.6% | -6.5% | -4.0% | -5.4% | -9.0% | -12.1% |
| Supplementary Data | |||||||||||
| EPS | 0.28 | 0.75 | 1.55 | 1.74 | 3.04 | 1.01 | -1.07 | -3.28 | -0.52 | -0.53 | -0.67 |
| Diluted EPS | 0.28 | 0.69 | 1.45 | 1.66 | 2.86 | 0.96 | -1.07 | -3.28 | -0.52 | -0.53 | -0.67 |
| Weighted Average OS | 14.68M | 15.50M | 15.43M | 15.20M | 15.11M | 14.61M | 14.26M | 10.54M | 12.93M | 12.93M | 13.45M |
| EBITDA | $21.87M | $31.16M | $44.43M | $47.81M | $48.44M | $21.49M | -$10.65M | -$3.91M | -$2.82M | -$4.06M | -$4.92M |
| EBITDA Margin | 3.1% | 4.6% | 6.3% | 7.3% | 9.7% | 6.7% | -4.6% | -2.4% | -2.8% | -5.3% | -6.6% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-01 | 2025-02-02 | 2024-02-04 | 2023-01-29 | 2022-01-30 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $101.85M | $83.73M | $87.04M | $43.53M | $92.39M | $78.34M | $48.54M | $49.07M | $9.18M | $879K | $209K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $101.85M | $83.73M | $87.04M | $43.53M | $92.39M | $78.34M | $48.54M | $49.07M | $9.18M | $879K | $209K |
| Accounts Receivable | $11.73M | $16.78M | $13.46M | $9.1M | $8.77M | $5.98M | $7.19M | $3.96M | $2.81M | $1.01M | $1.19M |
| Inventory | $106.32M | $124.33M | $98.44M | $119.63M | $108.49M | $50.42M | $36.4M | $26.15M | $11.64M | $9.43M | $8.39M |
| Other Current Assets | $6.26M | $6.94M | $3.85M | $5.07M | $576K | $549K | $152K | $1.19M | $1.58M | $514K | $905K |
| Total Current Assets | $236.64M | $246.6M | $214.45M | $187.72M | $221.73M | $143.4M | $100.18M | $85.11M | $29.69M | $13.22M | $12.37M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $249.72M | $235.74M | $226.66M | $188.31M | $135.03M | $25.87M | $23.84M | $18.6M | $11.04M | $6.59M | $4.74M |
| Goodwill | $144K | $144K | $144K | $144K | $144K | $144K | $144K | $144K | $144K | $144K | $144K |
| Intangible Assets | $2.37M | $1.59M | $1.46M | $1.41M | $1.41M | $1.52M | $1.35M | $942K | $526K | $572K | $548K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $13.39M | $15.28M | $10.8M | $8.68M | $9.72M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $32.42M | $32.91M | $28.66M | $22.36M | $1.05M | $91K | $146K | $219K | $48K | $193K | $13K |
| Total Long-Term Assets | $298.05M | $285.65M | $267.73M | $220.91M | $147.35M | $27.62M | $25.49M | $19.9M | $11.76M | $7.5M | $5.45M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $534.68M | $532.25M | $482.18M | $408.63M | $369.08M | $171.02M | $125.66M | $105.01M | $41.44M | $20.72M | $17.82M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $43.74M | $51.81M | $28.82M | $24.58M | $33.25M | $24.31M | $19.89M | $16.84M | $12.7M | $7.1M | $7.73M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $405 | $195K | $0 |
| Current Income Tax Payable | $7M | $16.16M | $7.67M | $5.43M | $5.36M | $2.47M | $1.4M | $751K | $895K | $489K | $676K |
| Current Unearned Revenue | $11.54M | $11.25M | $8.26M | $6.76M | $13.32M | $5.99M | $1.65M | $1.06M | $909K | $695K | $1.01M |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $147.11M | $155.11M | $106.36M | $82.04M | $114.7M | $56.32M | $32.4M | $24.62M | $16.74M | $9.87M | $11.52M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $168.4M | $0 | $0 | $0 | $0 | $0 | $0 | $31K | $0 | $3.1M | $3.18M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $464K | $424K | $452K | $0 | $0 | $6.75M | $3.11M | $1.59M | $1.06M | $704K | $487K |
| Total Long-Term Liabilities | $168.86M | $160.78M | $158.33M | $133.49M | $96.57M | $6.75M | $3.11M | $1.63M | $1.06M | $3.8M | $3.66M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $315.98M | $315.89M | $264.68M | $215.53M | $211.27M | $63.07M | $35.51M | $26.24M | $17.8M | $13.67M | $15.19M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10 | $3 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $145 | $136 | $61 | $150 | $127 |
| Retained Earnings | $23.86M | $25.84M | $34.4M | $10.54M | -$15.95M | -$63.44M | -$78.16M | -$62.96M | -$56.25M | -$50.75M | -$43.88M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $194.84M | $190.51M | $183.09M | $182.55M | $173.76M | $171.38M | $168.32M | $141.73M | $79.89M | $57.8M | $46.51M |
| Total Equity | $218.71M | $216.35M | $217.5M | $193.09M | $157.81M | $107.95M | $90.15M | $78.77M | $23.64M | $7.05M | $2.63M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $534.68M | $532.25M | $482.18M | $408.63M | $369.08M | $171.02M | $125.66M | $105.01M | $41.44M | $20.72M | $17.82M |
| Supplementary Data | |||||||||||
| Total Debt | $192.51M | $183.02M | $175.5M | $146.57M | $108.51M | $0 | $0 | $31K | $405 | $3.29M | $3.18M |
| Net Debt | $90.66M | $99.29M | $88.47M | $103.03M | $16.12M | -$78.34M | -$48.54M | -$49.04M | -$9.18M | $2.41M | $2.97M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-01 | 2025-02-02 | 2024-02-04 | 2023-01-29 | 2022-01-30 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 |
| Operating Activities | |||||||||||
| Net Income | $4.07M | $11.56M | $23.86M | $26.49M | $47.49M | $14.73M | -$15.21M | -$6.7M | -$5.5M | -$6.87M | -$8.99M |
| Depreciation & Amortization | $15.21M | $14.71M | $12.6M | $10.84M | $7.86M | $6.61M | $5.16M | $3.13M | $2.21M | $2.11M | $2.38M |
| Deferred Income Tax | $1.89M | -$4.47M | -$2.13M | $1.04M | -$9.72M | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $5.51M | $7.95M | $4.22M | $10.45M | $5.86M | $4.68M | $5.25M | $3.31M | $951K | $26K | $37K |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $5.05M | -$3.32M | -$4.36M | -$555K | -$4.03M | $2.67M | -$3.23M | -$1.15M | -$1.8M | $180K | -$395K |
| Inventory | $18.02M | -$25.89M | $21.19M | -$11.13M | -$56.82M | -$14.02M | -$10.25M | -$14.51M | -$2.21M | -$1.05M | -$1.94M |
| Accounts Payable | -$8.89M | $22.39M | $2.67M | -$12.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$20.57M | -$9.38M | -$4.5M | -$65.21M | $26.59M | $21.86M | $5.67M | $8.01M | $2.9M | -$1.16M | -$1.3M |
| Total Working Capital Change | -$6.39M | -$16.2M | $14.99M | -$89.67M | -$34.27M | $10.52M | -$7.81M | -$7.65M | -$1.1M | -$2.03M | -$3.64M |
| Other Non-Cash Items | $29.04M | $25.44M | $22.89M | $19.47M | $15.43M | $3.98M | $1.42M | $907K | $701K | $287K | $1.34M |
| Net Cash from Operating | $49.32M | $38.98M | $76.44M | -$21.38M | $32.65M | $40.52M | -$11.19M | -$7.01M | -$2.74M | -$6.48M | -$8.87M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$24.02M | -$21.03M | -$28.74M | -$25.24M | -$14.62M | -$8.37M | -$10.28M | -$10.75M | -$6.64M | -$3.68M | -$965K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$491K | -$475K | -$307K | -$503K | -$678K | -$374K | -$615K | -$173K | -$305K | -$189K |
| Net Cash from Investing | -$24.02M | -$21.52M | -$29.21M | -$25.55M | -$15.12M | -$9.05M | -$10.65M | -$11.36M | -$6.81M | -$3.99M | -$1.15M |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | - | - | - | - | $31K | -$31K | $3.1M | $78K | $1.96M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $25.61M | $58.91M | $0 | $11.27M | $15.79M |
| Common Stock Repurchases | -$6M | -$19.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$1.18M | -$833K | -$3.73M | -$1.94M | -$3.48M | -$1.67M | -$4.27M | -$675K | $0 | -$250K | $0 |
| Net Cash from Financing | -$7.18M | -$20.76M | -$3.73M | -$1.94M | -$3.48M | -$1.67M | $21.31M | $58.26M | $17.85M | $11.13M | $9.87M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $18.12M | -$3.3M | $43.5M | -$48.86M | $14.05M | $29.8M | -$532K | $39.9M | $8.3M | $670K | -$155K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $49.32M | $38.98M | $76.44M | -$21.38M | $32.65M | $40.52M | -$11.19M | -$7.01M | -$2.74M | -$6.48M | -$8.87M |
| Capital Expenditure | -$23.14M | -$21.52M | -$29.21M | -$25.55M | -$15.12M | -$9.05M | -$10.95M | -$11.36M | -$6.81M | -$3.99M | -$1.15M |
| Free Cash Flow | $26.18M | $17.46M | $47.23M | -$46.92M | $17.53M | $31.47M | -$22.14M | -$18.37M | -$9.55M | -$10.46M | -$10.03M |
| Cash at Beginning | $83.73M | $87.04M | $43.53M | $92.39M | $78.34M | $48.54M | $49.07M | $9.18M | $879K | $209K | $363K |
| Cash at End | $101.85M | $83.73M | $87.04M | $43.53M | $92.39M | $78.34M | $48.54M | $49.07M | $9.18M | $879K | $209K |