| Market Capitalization (Millions $) |
229 |
| Shares
Outstanding (Millions) |
15 |
| Employees |
201 |
| Revenues (TTM) (Millions $) |
697 |
| Net Income (TTM) (Millions $) |
4 |
| Cash Flow (TTM) (Millions $) |
-27 |
| Capital Exp. (TTM) (Millions $) |
29 |
Business Description
The Lovesac Company is a furniture company that designs, manufactures, and sells various home furniture products centered around a unique, modular concept. The company's primary focus is on creating comfortable, durable, and functional furniture pieces that can be easily customized and reconfigured according to the customers' specific needs and preferences.
The Lovesac Company was founded in 1995 by Shawn Nelson, who was a college student at the time. The idea of the Lovesac came to him when he discovered the versatility and comfort of using large bean bags as furniture. He then began experimenting with different materials and designs to make a more refined and comfortable product.
Today, the Lovesac Company has expanded its product line to include comfortable, modular couches and sectionals, stylish chairs and ottomans, and bean bags, all of which can be easily mixed and matched to create personalized seating arrangements. The company's signature patented product is the Sactionals - a unique sectional couch system that allows customers to customize their seating arrangements using interchangeable, washable covers and can be configured in over two dozen ways.
The Lovesac Company prides itself on providing eco-friendly, sustainable, and high-quality furniture that is built to last. The company sources materials responsibly, using organic and recycled materials wherever possible. The Sactionals and other Lovesac furniture products are designed to be durable and long-lasting, made with high-density foam, premium fabrics, and solid hardwood frames.
The Lovesac Company has also built its brand around excellent customer service. They offer a 60-day trial period for all their products, free shipping, and easy financing options for customers. The company's website and showroom teams are trained to assist customers in selecting and customizing their furniture based on their specific needs and tastes.
Overall, the Lovesac Company has distinguished itself as an innovative, flexible, and eco-friendly furniture retailer that is customer-focused and provides stylish yet comfortable seating solutions for its customers.
Company Address: 421 Atlantic Street Stamford 6901 CT
Company Phone Number: 636-1223 Stock Exchange / Ticker: NASDAQ LOVE
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4.05% 
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