Detail akcie The Lovesac Rg online

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, the PillowSac Accent Chair, an immersive surround sound home theater system called StealthTech, and Sactionals Reclining Seat. 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 over 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.
Financial Summary: BRIEF: For the fiscal year ended 02 February 2025, Lovesac Co revenues decreased 3% to $680.6M. Net income decreased 52% to $11.6M. Revenues reflect Sactionals segment decrease of 2% to $621.9M, Retail Sales - Total decrease of 3% to $425.9M, Online Sales - Total decrease of 2% to $196.3M. Net income also reflects Selling, general and administrative expe increase of 6% to $281.5M (expense).