The Lovesac Co.

The Lovesac Co.

The Lovesac Co.

Overview
Date Founded

1995

Headquarters

Two Landmark Square, Suite 300, Stamford, CT, 06901, USA

Type of Company

Public

Employees (Worldwide)

799

Industries

Furniture
Retail: Othe

Company Description

The Lovesac Co. is a technology driven, omni-channel company. It designs, manufactures, and sells furniture comprised of modular couches called sactionals and foam beanbag chairs called sacs. Its products include sactionals, sacs, and accessories. The company was founded by Shawn David Nelson in 1995 and is headquartered in Stamford, CT.

Executives & Employees

Chief Executive Officer, Director

President & Chief Operating Officer

Executive Vice President, Chief Financial Officer, Principal Accounting Officer & Secretary

Chief Supply Chain Officer

Professional

Professional

Board of Directors

Founder at Mistral Capital Management LLC

Partner, Private Equity at Satori Capital LLC

Chief Executive Officer, Director at The Lovesac Co.

Managing Director at Mistral Capital International LLC

Vice President at Lyft, Inc.

Chief Executive Officer at Guilford Adult Care, Inc.

Paths to The Lovesac Co.
Potential Connections via
Relationship Science
You
The Lovesac Co.
Owners & Shareholders
Details Hidden

GIM is an active manager that employs fundamental bottom-up research to invest in stocks of companies that they believe exhibit a critical combination of superior growth prospects and attractive stock valuations. The firm specializes in small/micro-cap equity securities.

Details Hidden

HRCM manages Small-Cap Growth and Small/Mid-Cap Growth equity portfolios. The firm primarily uses fundamental methods of security analysis. The investment strategies used to implement any investment advice given to clients include long-term purchases and short-term purchases. Their portfolio is constructed on an organic, bottom-up basis driven by the firm’s original research.

Details Hidden

IECM manages the Intrinsic Edge Funds which generally invest in US domestic equities and seek to generate positive risk-adjusted returns. The firm’s investment decisions for each Intrinsic Edge Fund are based on the investment objectives as stated in the respective private placement memoranda, limited partnership agreements, investment management agreements or any other organizational documents, as applicable. The Intrinsic Edge Funds’ primary strategy employs a fundamentals-driven investment approach that focuses on both near-term and long-term economic prospects of the target companies. The funds’ investment universe is generally comprised of US domiciled companies that can be valued through traditional fundamental metrics. Companies targeted by IECM for equity investments are generally growth-oriented.

Recent Transactions
Details Hidden

The Lovesac Co. issued USD Common Stock

Details Hidden

The Lovesac Co. issued USD Common Stock

Details Hidden

The Lovesac Co. issued USD Common Stock

Insider Transactions
Details Hidden
Details Hidden
Transaction Advisors
Escrow Agent

Advised onThe Lovesac Co. issued USD Common Stock

Underwriter

Advised onThe Lovesac Co. issued USD Common Stock

Auditor

Advised onThe Lovesac Co. issued USD Common Stock

Legal Advisor

Advised onThe Lovesac Co. issued USD Common Stock

Chief Executive Officer

Advised onThe Lovesac Co. issued USD Common Stock

Professional

Advised onThe Lovesac Co. issued USD Common Stock

Advisors & Consultants
Advisor

Senior Vice President at ICR, Inc.

Key Stats and Financials As of 2020
Market Capitalization
$697M
Total Enterprise Value
$113M
Earnings Per Share
$-1.07
Revenue
$233M
EBITDAMargin
-4.56%
EBITDA
$-10.7M
Total Debt
$0
Total Equity
$90.2M
Net Profit
$-15.2M
Enterprise Value / Sales
0.49x
TEVNet Income
-7.45x
Debt TEV
0x
Three Year Compounded Annual Growth Rate Of Revenue
45.13%
Non-Profit Donations & Grants
Investors
Details Hidden

Satori Capital is a team of passionate CEOs, investment professionals, and sustainability leaders on a mission to invest in aligned private companies and help them grow. Satori Capital assemble the partners, resources, tools, and frameworks to help inspired leaders achieve their vision and continue building their business.

Details Hidden

Mistral Capital Management invests in consumer-related and retail markets. The firm engages in a variety of transactions including LBOs, recapitalizations, growth investments, acquisition financings and carve-outs from larger corporations. They seek to make control investments, sometimes with financial or strategic partners. Mistral Capital primarily invests in North American companies with enterprise values of $100 million to $300 million, and their typical investment size is between $25 million and $50 million, with the ability to pursue larger transactions in collaboration with their Limited Partners.

Details Hidden

Golden Seeds invests in women-led early stage growth companies located in the US. The firm typically invests in companies with an extremely capable management team, a scalable business model and addressable market of $1 billion. They invest across all sectors including consumer product and life sciences.

Suppliers
Costco Wholesale Corporation Retail: Other | Issaquah, WA

What Is Costco? We are a membership warehouse club, dedicated to bringing our members the best possible prices on quality brand-name merchandise. With hundreds of locations worldwide, Costco provides a wide selection of merchandise, plus the convenience of specialty departments and exclusive member services, all designed to make your shopping experience a pleasurable one. The History of Costco The company's first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego. Originally serving only small businesses, the company found it could achieve far greater buying clout by also serving a selected audience of non-business members. With that change, the growth of the warehouse club industry was off and running. In 1983, the first Costco warehouse location was opened in Seattle. Costco became the first company ever to grow from zero to $3 billion in sales in less than six years. When Costco and Price Club merged in 1993, the combined company, operating under the name PriceCostco, had 206 locations generating $16 billion in annual sales. Our operating philosophy has been simple. Keep costs down and pass the savings on to our members. Our large membership base and tremendous buying power, combined with our never-ending quest for efficiency, result in the best possible prices for our members. Since resuming the Costco name in 1997, the company has grown worldwide with total sales in recent fiscal years exceeding $64 billion

NetSuite, Inc. Internet Software & Services | San Mateo, California

NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more. More than 12,000 high-growth and midsized companies and divisions of large enterprises use NetSuite to run more effectively without the high costs and inefficiency of on-premise systems. By using NetSuite to automate operations, streamline processes and access real-time business information anytime, anywhere, growing businesses realize breakthrough performance improvements. NetSuite also offers industry-specific solutions for professional services, software, wholesale distribution, manufacturing, and ecommerce. NetSuite OneWorld helps global, multi-company organizations manage subsidiaries better with robust multinational, multi-currency support

Blueport Commerce, Inc. Furniture | Boston, MA

Blueport Commerce, Inc. provides e-commerce technology and services for the retail furniture industry. It offers e-commerce platform that facilitates furniture retailers with responsive design, localized shopping, event preview, deep analytics, segmentation, searchandising, store-synchronization, augmented reality, tiered financing, and direct shipping features. The company was founded by Carl E. Prindle in 2009 and is headquartered in Boston, MA.

Competitors
Williams-Sonoma, Inc. Retail: Other - San Francisco, CA

Founded in 1956, Williams-Sonoma, Inc. is the premier specialty retailer of home furnishings in the United States and Canada. Our brands are among the best known and most respected in the industry. We successfully market them through all three major channels — retail stores, catalogs, and the Internet. williams sonoma, Business Sales Among all of our brands, we cover every room in the house: from the kitchen to the living room, bedroom, home office, and even the hall closet. To learn more about who we are, where we came from and what we've accomplished, visit our corporate timeline

Restoration Hardware Holdings, Inc. Retail: Other - Corte Madera, CA

We believe RH is one of the most innovative and fastest growing luxury brands in the home furnishings marketplace. We believe our brand stands alone and is redefining this highly fragmented and growing market, contributing to our superior sales growth and market share gains over the past several years as compared to industry growth rates. Our ability to innovate, curate and integrate products, categories, services and businesses with a completely authentic and distinctive point of view, then rapidly scale them across our fully integrated multi-channel infrastructure is a powerful platform for continued long-term growth. We evolved our brand to become RH, positioning our Company to curate a lifestyle beyond the four walls of the home. Our unique product development, go-to-market and supply chain capabilities, together with our significant scale, enable us to offer a compelling combination of design, quality and value that we believe is unparalleled in the marketplace.

Wayfair, Inc. Furniture - Boston, MA

Wayfair, Inc. engages in an online home furnishing store. It operates through the U.S. and International segments. The U.S. segment consists of amounts earned through product sales through the Company's five distinct sites in the U.S. and through websites operated by third parties in the U.S. The International segment is composed of earnings through products sales in international sites. The company was founded by Steven K. Conine and Niraj S. Shah in May 2002 and is headquartered in Boston, MA.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by The Lovesac Co.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of The Lovesac Co.'s profile does not indicate a business or promotional relationship of any kind between RelSci and The Lovesac Co..