LOVE - The Lovesac Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
20.66
-1.14 (-5.23%)
At close: 4:00PM EDT
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Previous Close21.80
Open22.11
Bid20.63 x 800
Ask20.67 x 1300
Day's Range20.42 - 22.41
52 Week Range15.07 - 46.79
Volume754,294
Avg. Volume269,309
Market Cap300.367M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.61
Earnings DateSep 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est37.00
Trade prices are not sourced from all markets
  • Lovesac (LOVE) in Focus: Stock Moves 5% Higher
    Zacks

    Lovesac (LOVE) in Focus: Stock Moves 5% Higher

    Lovesac (LOVE) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

  • RH Raises FY19 EPS Guidance on Closing of $350M Offerings
    Zacks

    RH Raises FY19 EPS Guidance on Closing of $350M Offerings

    RH boosts fiscal 2019 and 2020 profit expectations.

  • The Lovesac Company (LOVE) Shares March Higher, Can It Continue?
    Zacks

    The Lovesac Company (LOVE) Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in The Lovesac Company (LOVE).

  • GlobeNewswire

    The Lovesac Company to Present at the 17th Annual CL King Best Ideas Conference

    The Lovesac Company (LOVE) today announced that the Company is scheduled to present at the 17th Annual CL King Best Ideas Conference in New York City on Thursday, September 19, 2019, at 1:15pm Eastern Time. The presentation will be webcast live over the Internet and can be accessed on the Company’s Investor Relations website, investor.lovesac.com. Based in Stamford, Connecticut, The Lovesac Company is a direct-to-consumer specialty furniture brand with approximately 80 retail showrooms supporting its ecommerce delivery model.

  • U.S.-China Trade War No Match For Lovesac

    All's fair in love and war for bean bag and modular furniture maker Lovesac, which reported a fiscal second-quarter loss well ahead of analysts' forecasts and reiterated its full-year guidance despite ...

  • The Lovesac Company (LOVE) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    The Lovesac Company (LOVE) Reports Q2 Loss, Tops Revenue Estimates

    The Lovesac Company (LOVE) delivered earnings and revenue surprises of 39.22% and 0.30%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Lovesac's stock rockets after Q2 results beat expectations, as manufacturing keeps moving out of China

    Shares of Lovesac Co. soared 23% in premarket trading Wednesday, after the beanbag and specialty furniture retailer reported a narrower-than-expected fiscal second-quarter loss and revenue that rose above forecasts. Separately, the company said it has reduced its manufacturing in China to 44% of its total this month from 75%, which puts it on track to be completely out of China if necessary by the end of 2020. For the quarter to Aug. 4, the net loss narrowed to $4.8 million, or 33 cents a share, from $7.0 million, or $3.71 a share, in the year-ago period. Excluding non-recurring items, the adjusted loss per share was 31 cents, compared with the FactSet loss consensus of 51 cents. Sales grew 45% to $48.15 million, above the FactSet consensus of $47.8 million. Gross profit margin decreased to 50.4% of sales from 53.6%, primarily because of of the 10% China tariffs, which was partially offset by lower costs of Sactionals and Sacs products, helped by the ongoing shift of manufacturing from China to Vietnam. Lovesac's stock has tumbled 19.8% year to date through Tuesday, while the S&P 500 has advanced 18.9%.

  • GlobeNewswire

    The Lovesac Company Announces Second Quarter Fiscal 2020 Financial Results

    Second Quarter Net Sales Increase of 44.8% Comparable Sales Increase 40.7% STAMFORD, Conn., Sept. 11, 2019 -- The Lovesac Company (Nasdaq:LOVE) today announced its financial.

  • TheStreet.com

    [video]Lovesac Surges on Narrower Second-Quarter Loss

    Shares of the bean bag seat and modular furniture maker surge after the company reports a fiscal second-quarter loss far narrower than analysts' predictions amid strong demand for its 'sactional' seats and sides - even as it navigates around the U.S.-China tariff spat.

  • Analysts Estimate The Lovesac Company (LOVE) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate The Lovesac Company (LOVE) to Report a Decline in Earnings: What to Look Out for

    The Lovesac Company (LOVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    The Lovesac Company to Announce Second Quarter Fiscal 2020 Earnings Results

    The Lovesac Company (LOVE) today announced that its financial results for the second quarter of fiscal 2020 will be released before market open on Wednesday, September 11, 2019. The Company will host a conference call at 8:30 a.m. Eastern Time to discuss the financial results. Based in Stamford, Connecticut, The Lovesac Company is a direct-to-consumer specialty furniture brand with 77 retail showrooms supporting its ecommerce delivery model.

  • The Lovesac Company's (NASDAQ:LOVE) Profit Outlook
    Simply Wall St.

    The Lovesac Company's (NASDAQ:LOVE) Profit Outlook

    The Lovesac Company's (NASDAQ:LOVE): The Lovesac Company designs, manufactures, and sells foam filled furniture...

  • 3 ‘Strong Buy’ Stocks That Can Double in 2020
    TipRanks

    3 ‘Strong Buy’ Stocks That Can Double in 2020

    Investors are always searching for the stocks that offer the most compelling investment opportunities. More often than not, these are the stocks that go above and beyond in terms of growth prospects. While looking for these kinds of investments, we turned to the TipRanks stock screener to zero in on three stocks garnering praise from the Street. We filtered the results to show stocks with “strong buy” consensus ratings, narrowing our search down to the stocks with over 100% upside potential from the current share price.Let’s take a closer look at these 3 ‘Strong Buy’ stocks that analysts believe could double in 2020. Dropbox (DBX) - 112% Upside.The file hosting service just got a vote of confidence from investment banking firm JMP Securities following a mixed Q2 earnings release that sent shares tumbling. While the company's revenue reached $401.5 million, up 18% year-over-year, investors throw in the towel on the stock in light of disappointing billings and deferred revenue.JMP's Patrick Walravens, a five-star analyst according to TipRanks, stated that he believes the results suggest the company is stabilizing thanks to new pricing and product offerings. As a result, Walravens reiterated a Buy rating on DBX stock, with $37 price target, which implies 112% upside potential.While the company’s $410.4 million in billings were widely considered to be disappointing, Walravens points out that a the company's shift in strategy can potentially drive further growth. DBX announced in June that it’s launching a new desktop app for Windows and Mac. Not to mention the company has made substantial efforts to expand its reach through new partnerships as well as its HelloSign acquisition.“We like how Dropbox is working to do a better job serving the needs of its more than 500M registered users and monetizing those users, and our sense is that the tone of business has improved internally as a result,” the analyst explained.Walravens is clearly not the only analyst with an optimistic outlook on the software company, as TipRanks analytics indicate that DBX has a ‘Strong Buy’ analyst consensus. The stock has a $30 average price target, boasting 74% upside potential. (See DBX’s price targets and analyst ratings on TipRanks) Iteris (ITI) - 120% UpsideIteris investors had reason to be excited after the applied informatics company posted a Q1 EPS beat earlier this month. ITI has also placed a renewed focus on its core transportation business, with this becoming especially clear after its $10.7 million Albeck Gerken acquisition. The company can now utilize Albeck’s significant capabilities in transportation systems management and operations and expand its reach in the Midwest and Mid-Atlantic segments of the market.Joseph Osha, a 3-star analyst, believes that ITI looks poised to achieve organic growth for the current fiscal year. Osha does point out that while Q1 revenues were flat year-over-year, he expects the its core transportation business to drive continuous upside. More growth could even come if the company limits its AgTech exposure, except to the extent that technology in the division supports the company’s transportation efforts.As a result, Osha reiterated a Buy rating on ITI stock, while raising the price target from $10 to $11, which represents nearly 120% upside from current levels. (To watch Osha's track record, click here) “We like ITI’s substantial relationship with HERE Technologies, one of the larger competitors in location and mapping data, which has raised more than $3 billion in equity capital to date. We think that 10% plus may be a sustainable rate of growth for ITI’s transportation businesses, and more generally we believe that ITI’s competitive positioning is improving,” Osha added.All in all, Iteris stock looks like a very compelling investing opportunity, as TipRanks analytics showcasing the stock as a Strong Buy. With an average price target of $9.17, analysts are predicting massive upside potential of 83% for the stock. In total, Iteris stock has received 3 'buy' ratings in the last three months. (See ITI’s price targets and analyst ratings on TipRanks) The Lovesac Company (LOVE) - 170% UpsideThe last stock on our list is a furniture maker specializing in a patented modular furniture system called Sactionals. The stock hasn’t gotten love from investors recently as shares have plummeted about 60% since May's highs.The trouble with LOVE stock can be attributed to comments made by management in June that the increase in tariffs could adversely impact adjusted EBITDA. However, LOVE has made efforts to alleviate some of the impacts of tariffs by shifting production to Vietnam, negotiating for factory costing support and considering subtle price increases via changes to promotional trigger limits.Canadian investing firm Canaccord Genuity has recently hosted meetings with members of LOVE’s management team to try and clear up some of this confusion. Analyst Camilo Lyon noted that the tone of the meetings was positive as the company expressed that it had made substantial efforts in maintaining its continued long-term growth and market share gains. As part of these efforts, LOVE is expected to release a low-tech Sactional extension similar to the roll arm and teased a high-tech product introduction next year in collaboration with “a well-known US tech company”.Based on LOVE’s upward trajectory, the analyst reiterated his Buy rating on LOVE with $49 price target, which suggests the stock could surge nearly 170% over the next twelve months. (To watch Lyon's track record, click here)“Aside from the near-term noise of tariffs, LOVE’s growth story remains intact. Given the brand’s paltry brand awareness that hovers around 2%, coupled with its disruptive, patent-protected modular Sactional designs, we see multiple years of solid market share gains ahead,” Lyon added.All in all, most of the Street have not given up on the company just yet, as TipRanks analytics showcase LOVE as a Strong Buy. Out of 3 analysts polled in the last 3 months, all 3 are bullish on LOVE stock. With a potential upside of 116%, the stock’s consensus target price stands at $39. (See LOVE’s price targets and analyst ratings on TipRanks)

  • Penumbra, Lovesac, Netflix, NBCUniversal and Amazon highlighted as Zacks Bull and Bear of the Day
    Zacks

    Penumbra, Lovesac, Netflix, NBCUniversal and Amazon highlighted as Zacks Bull and Bear of the Day

    Penumbra, Lovesac, Netflix, NBCUniversal and Amazon highlighted as Zacks Bull and Bear of the Day

  • Bear of the Day: Lovesac (LOVE)
    Zacks

    Bear of the Day: Lovesac (LOVE)

    Bear of the Day: Lovesac (LOVE)

  • Should Lovesac (NASDAQ:LOVE) Be Disappointed With Their 24% Profit?
    Simply Wall St.

    Should Lovesac (NASDAQ:LOVE) Be Disappointed With Their 24% Profit?

    It might be of some concern to shareholders to see the The Lovesac Company (NASDAQ:LOVE) share price down 18% in the...

  • The Lovesac (NASDAQ:LOVE) Share Price Has Gained 24% And Shareholders Are Hoping For More
    Simply Wall St.

    The Lovesac (NASDAQ:LOVE) Share Price Has Gained 24% And Shareholders Are Hoping For More

    The Lovesac Company (NASDAQ:LOVE) shareholders might be concerned after seeing the share price drop 18% in the last...

  • GlobeNewswire

    The Lovesac Company to Present at the Oppenheimer 19th Annual Consumer Growth & E-Commerce Conference

    STAMFORD, Conn., June 12, 2019 -- The Lovesac Company (Nasdaq:LOVE) today announced that the Company is scheduled to present at the Oppenheimer 19th Annual Consumer Growth.

  • GuruFocus.com

    Why Further Growth Is Ahead for Lovesac

    The retailer’s strategy could improve its future performance

  • Why Lovesac Stock Plummeted Today
    Motley Fool

    Why Lovesac Stock Plummeted Today

    The specialty furniture retailer is feeling the pinch of tariffs. But could it be a buy after the drop?

  • GlobeNewswire

    The Lovesac Company Announces First Quarter Fiscal 2020 Financial Results

    First Quarter Net Sales Increase of 53.0% Comparable Sales Increase of 43.5% STAMFORD, Conn., June 10, 2019 -- The Lovesac Company (Nasdaq:LOVE) today announced its financial.

  • ACCESSWIRE

    The Lovesac Co. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / June 10, 2019 / The Lovesac Co. (NASDAQ: LOVE ) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on June 10, 2019 at 4:30 PM Eastern ...

  • Factors Likely to Shape Dave & Buster's (PLAY) Q1 Earnings
    Zacks

    Factors Likely to Shape Dave & Buster's (PLAY) Q1 Earnings

    Dave & Buster's (PLAY) first-quarter fiscal 2019 earnings are likely to gain from its solid sales-building initiatives and relentless expansion plans.

  • Factors to Note Before John Wiley & Sons' (JW.A) Q4 Earnings
    Zacks

    Factors to Note Before John Wiley & Sons' (JW.A) Q4 Earnings

    John Wiley & Sons (JW.A) is likely to benefit from focus on acquisitions and efforts to keep pace with the changing trends. However, escalated investments may weigh on Q4 earnings.

  • Will RH's Pricing Power Combat Slower Demand in Q1 Earnings?
    Zacks

    Will RH's Pricing Power Combat Slower Demand in Q1 Earnings?

    While slower demand and complex macro environment are likely to affect RH's fiscal first-quarter results, cost-saving initiatives, higher margins & strong pricing should provide considerable support.