Professional
Added to YB: 2024-04-25
Pitch date: 2024-04-24
LOVE [neutral]
The Lovesac Company
-39.12%
current return
Author Info
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Company Info
The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans.
Market Cap
$194.8M
Pitch Price
$21.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.32
P/E
29.29
EV/Sales
0.53
Sector
Household Durables
Category
N/A
Pernas Research Passes On: The Lovesac Company
LOVE: Modular sofa retailer w/ patented 'Sactionals' system. $341M mkt cap, 12x EV/EBITDA. High prices ($10K for full sofa) & minimalist design a mismatch. Growth at risk without luxury branding. Quality issues from COVID demand swings. Lots of bad reviews recently.
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