Company The Lovesac Company

Equities

LOVE

US54738L1098

Home Furnishings

Real-time Estimate Cboe BZX 01:20:54 2024-04-26 pm EDT 5-day change 1st Jan Change
21.74 USD -0.50% Intraday chart for The Lovesac Company +4.42% -14.99%

Business Summary

The Lovesac Company is a technology-driven company that designs, manufactures, and sells furniture. Its product offering consists of modular couches called Sactionals, premium foam beanbag chairs called Sacs, and their associated home decor accessories. Its Sactional products include several patented features relating to their geometry and modularity, coupling mechanisms and other features. The Sac product line offers about five different sizes, ranging from 35 pounds to 95 pounds with the capacity to seat more than three people on the larger model Sacs. Its Other product line offers Sactional-specific drink holders, Footsac blankets, decorative pillows, fitted seat tables and ottomans in varying styles and finishes and its Sactionals Power Hub. It markets and sells its products primarily online directly at www.lovesac.com, supported by direct-to-consumer touch-feel points in the form of its own showrooms as well as through shop-in-shops and pop-up-shops with third party retailers.

Number of employees: 1,450

Sales per Business

USD in Million2023Weight2024Weight Delta
Sactionals
91.0 %
584 89.8 % 637 91.0 % +9.06%
Sacs
7.4 %
55 8.5 % 52 7.4 % -6.21%
Other
1.6 %
12 1.8 % 11 1.6 % -3.69%

Sales per region

USD in Million2023Weight2024Weight Delta
United States
100.0 %
651 100.0 % 700 100.0 % +7.54%

Managers

Managers TitleAgeSince
Founder 47 94-12-31
President 51 20-02-24
Director of Finance/CFO 49 23-06-29
Investor Relations Contact - -
Human Resources Officer - 23-07-16
Corporate Officer/Principal 62 22-10-30

Members of the board

Members of the board TitleAgeSince
Chairman 66 09-12-31
President 51 20-02-24
Founder 47 94-12-31
Director/Board Member 58 18-12-31
Director/Board Member 61 21-06-06
Director/Board Member 54 17-06-26
Director/Board Member 45 22-06-30
Director/Board Member 46 19-06-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 15,489,688 14,087,647 ( 90.95 %) 0 90.95 %

Shareholders

NameEquities%Valuation
Granahan Investment Management, LLC
9.210 %
1,426,533 9.210 % 32 M $
BlackRock Advisors LLC
7.349 %
1,138,288 7.349 % 26 M $
Fidelity Management & Research Co. LLC
6.582 %
1,019,562 6.582 % 23 M $
Vanguard Fiduciary Trust Co.
5.357 %
829,792 5.357 % 19 M $
Hood River Capital Management LLC
4.662 %
722,126 4.662 % 16 M $
Dimensional Fund Advisors LP
4.281 %
663,028 4.281 % 15 M $
Satori Capital LLC
4.009 %
620,894 4.009 % 14 M $
Janus Henderson Investors US LLC
3.929 %
608,559 3.929 % 14 M $
Federated Global Investment Management Corp.
3.543 %
548,800 3.543 % 12 M $
Fidelity Investments Canada ULC
3.345 %
518,076 3.345 % 12 M $

Company contact information

The Lovesac Co.

Two Landmark Square Suite 300

06901, Stamford

+

http://www.lovesac.com
address The Lovesac Company(LOVE)
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