The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 30, 2022, the company operated 146 showrooms. It markets its products primarily through lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, kiosks, mobile concierges, and street locations in 39 states of the United States; and in store pop-up- shops and shop-in-shops. The Lovesac Company was founded in 1995 and is headquartered in Stamford, Connecticut.
According to The Lovesac Company's latest financial reports the company's current revenue (TTM) is $700.27 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
---|---|---|---|---|---|
2024 | $700.27 M | $388.44 M | $42.68 M | $31.82 M | $23.86 M |
2023 | $651.55 M | $345.83 M | $47.81 M | $38.9 M | $26.49 M |
2022 | $498.24 M | $273.35 M | $46.3 M | $38.26 M | $47.49 M |
2021 | $320.74 M | $174.77 M | $21.49 M | $14.81 M | $14.73 M |
2020 | $233.38 M | $116.69 M | $-10,003,645 | $-15,161,707 | $-15,205,019 |
2019 | $165.88 M | $90.88 M | $-3,554,198 | $-6,687,949 | $-6,704,356 |
2018 | $101.81 M | $57.22 M | $-2,823,334 | $-5,475,798 | $-5,501,798 |
2017 | $76.34 M | $41.7 M | $-4,060,779 | $-6,736,448 | $-6,874,448 |
2016 | $74.15 M | $40.51 M | $-4,924,565 | $-8,994,223 | $-8,994,223 |