LoveSac

Lovesac owns and operates the chain of furniture retail store that engages in selling sacs, sectionals, bean bags and bean bag chairs. Read more

Shawn Nelson's photo - Founder & CEO of LoveSac

Founder & CEO

Shawn Nelson

CEO Approval Rating

81/100

Founded:

1995

Status:

PublicIndependent CompanyNASDAQLOVE

LOVESAC TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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Yogibo LLC is LoveSac's top competitor. Yogibo LLC is a Private company that was founded in Nashua, New Hampshire in 2009. Yogibo LLC operates in the Furniture and Home Furnishing industry. Yogibo LLC has 44 more employees vs. LoveSac.

Jaxx Bean Bags has been one of LoveSac's top competitors. Jaxx Bean Bags is headquartered in Atlanta, Georgia, and was founded in 2009. Jaxx Bean Bags is in the Furniture and Home Furnishing field. Jaxx Bean Bags generates 0.86% the revenue of LoveSac.

Sumo Lounge is perceived as one of LoveSac's biggest rivals. Sumo Lounge was founded in 2004 in Toronto, Ontario. Sumo Lounge competes in the Restaurants field. Sumo Lounge generates $341.3M less revenue than LoveSac.

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Is Hotbeanbags a competitor of LoveSac?

LoveSac Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$349.3M

LoveSac's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 70.1M. Over the last four quarters, LoveSac's revenue has grown by 33.9%. Specifically, in Q2 2021's revenue was $82.9M; in Q1 2021, it was $129.7M; in Q4 2020, it was $74.7M; in Q3 2020, LoveSac's revenue was $61.9M.

LoveSac Acquisitions

No recent acquisitions found related to LoveSac

LoveSac Funding History

Since LoveSac was founded in 1995, it has participated in 3 rounds of funding. In total LoveSac has raised $178.8M. LoveSac's last funding round was on Aug 2018 for a total of $112.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Aug 2018
$112.8M

IPO
Jun 2018
$56M
-
Equity
Mar 2017
$10M

Since LoveSac was founded in 1995, it has participated in 3 rounds of funding. In total LoveSac has raised $178.8M. LoveSac's last funding round was on Aug 2018 for a total of $112.8M

LoveSac Investments

No recent investments found related to LoveSac

LoveSac News

June 9, 2021MarketWatch

Lovesac reports surprise profit, revenue that rises above expectations

Shaers of Lovesac Co. rose 0.9% in premarket trading Wednesday, after the furniture seller reported a... See more »
June 8, 2021MarketScreener

(Pursuant to Sections 242 and 245 of the General Corporation Law of the State of Delaware) (Form 8-K)

(marketscreener.com) (Pursuant to Sections 242 and 245 of the General Corporation Law of the State of... See more »
June 8, 2021Entrepreneur

The Lovesac Company Hyper-Growth Story Accelerates Again

The Lovesac Company (NASDAQ: LOVE), along with the furniture industry at large, are among the most du... See more »
May 26, 2021Markets Insider

The Lovesac Company Announces First Quarter Conference Call Date and Participation in Upcoming Investor Conferences

STAMFORD, Conn., May 26, 2021 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced ... See more »
April 14, 2021Zacks

Lovesac (LOVE) Q4 Earnings and Revenues Surpass Estimates

Lovesac (LOVE) delivered earnings and revenue surprises of 144.64% and 9.16%, respectively, for the q... See more »
April 14, 2021Markets Insider

Lovesac Q4 Profit Soars, Results Top Estimates - Quick Facts

(RTTNews) - Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, on Wednesday reported... See more »

LoveSac Blogs

November 11, 2016LoveSac Blog

The Lovesac Story Unabridged: Episode 1 / 50

My daily vlog called "GET OFF THE COUCH" has a different theme for every day of the week. Thursdays =... See more »
November 6, 2016LoveSac Blog

This Lovesac Story Made Me Cry

Let's face it. Lovesac's don't cure cancer. But every now and then we hear from loyal Lovesac fans wh... See more »
November 6, 2016LoveSac Blog

Another Lovesac Baby (store) Born Into the World

There is just nothing more fun than bringing a new Lovesac digital showroom into the world. If you've... See more »
November 5, 2016LoveSac Blog

First Daily Vlog Post EVER - Get Off the Couch!

I'm starting a vlog! Seems like the thing to do. Its called "Get Off the Couch" and its all about my ... See more »
October 28, 2016LoveSac Blog

Flip Into the Largest Lovesac Pit in the World

We had the pleasure of dropping by our our good friend, Travis Pastrana's, place this week down in Ma... See more »
September 16, 2016LoveSac Blog

Passion, Real Life, & the Couch

An email sent to all Lovesac employees (my weekly "Thursday Thought"): Nothing in this world can take... See more »

LoveSac Press Releases

April 1, 2020centralcharts

Amid COVID-19 Developments, The Lovesac Company Extends Store Closures and Enhances Financial Flexibility

STAMFORD, Conn., April 01, 2020 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today provided... See more »
March 17, 2020centralcharts

The Lovesac Company Provides Business Update on COVID-19

STAMFORD, Conn., March 17, 2020 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announce... See more »
February 25, 2020StreetInsider

The Lovesac Company Appoints Mary Fox to Its Board of Directors

STAMFORD, Conn., Feb. 25, 2020 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced... See more »
January 13, 2020GlobeNewswire

The Lovesac Company Updates Outlook Ahead of Participation at the ICR Conference

STAMFORD, Conn., Jan. 13, 2020 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) ("Lovesac" or t... See more »
January 7, 2019streetinsider

The Lovesac Company Announces Participation in the 2019 ICR Conference

The Lovesac Company (Nasdaq: LOVE) today announced that the Company is scheduled to present at the 20... See more »
December 5, 2018centralcharts

The Lovesac Company to Announce Third Quarter Fiscal 2019 Earnings Results

STAMFORD, Conn., Dec. 04, 2018 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced... See more »
September 13, 2018LD Micro

The Lovesac Company Announces Second Quarter Fiscal 2019 Financial Results

The Lovesac Company (Nasdaq:LOVE) today announced its financial results for the second quarter of fis... See more »

LoveSac Videos

December 12, 2017LoveSac Youtube Channel

"Designed For Life: The Lovesac Vision" on YOUTUBE

July 11, 2016LoveSac Youtube Channel

"Lovesac Customer Stories" on YOUTUBE

April 21, 2016LoveSac Youtube Channel

"Sactionals - Expandable" on YOUTUBE

April 21, 2016LoveSac Youtube Channel

"Sactionals - Washable" on YOUTUBE

April 21, 2016LoveSac Youtube Channel

"Sactionals - Storable" on YOUTUBE

April 21, 2016LoveSac Youtube Channel

"Sactionals - Durable" on YOUTUBE

Social Media

LoveSac Headquarters

Landmark Square Suite 300

Stamford, Connecticut06901

888-636-1223

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LoveSac Summary

ABOUT

Overview

Lovesac owns and operates the chain of furniture retail store that engages in selling sacs, sectionals, bean bags and bean bag chairs. LoveSac was founded in 1995. LoveSac's headquarters is located in Stamford, Connecticut, USA 06901. It has raised 17...

CEO

LoveSac's Founder & CEO, Shawn Nelson, currently has an approval rating of 81%. LoveSac's primary competitors are Yogibo LLC, Jaxx Bean Bags & Sumo Lounge.

Frequently Asked Questions about LoveSac

  1. When was LoveSac founded?

    LoveSac was founded in 1995
  2. Who is LoveSac's CEO?

    LoveSac's CEO is Shawn Nelson
  3. How much revenue does LoveSac generate?

    LoveSac generates $349.3M in revenue
  4. How much funding does LoveSac have?

    LoveSac has historically raised $178.8M in funding
  1. Where is LoveSac's headquarters?

    LoveSac's headquarters is in Stamford Connecticut, USA
  2. How many employees does LoveSac have?

    LoveSac has 257 employees
  3. What sector does LoveSac operate in?

    LoveSac is in Furniture and Home Furnishing
  4. Who are LoveSac's competitors?

    LoveSac's top competitors are Yogibo LLC, Jaxx Bean Bags, Sumo Lounge