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Lovesac's peak revenue was $700.3M in 2023. The peak quarterly revenue was $250.5M in 2023(q4).
Lovesac's revenue increased from $101.8m in 2017 to $680.6M currently. That's a 568.52% change in annual revenue.
| Fiscal year / year | Lovesac revenue |
|---|---|
| 2017 | $101.8M |
| 2018 | $165.9M |
| 2019 | $233.4M |
| 2020 | $320.7M |
| 2021 | $498.2M |
| 2022 | $651.2M |
| 2023 | $700.3M |
| 2024 | $680.6M |
How accurately did Lovesac's revenue projections match actual performance?
Lovesac saw the greatest revenue growth in 2018, when revenue increased by 62.93%.
Lovesac had the lowest revenue growth in 2022, when revenue changed by 30.77%.
| Year | Lovesac growth |
|---|---|
| 2018 | 63%↑ |
| 2019 | 41%↑ |
| 2020 | 37%↑ |
| 2021 | 55%↑ |
| 2022 | 31%↑ |
| 2023 | 8%↑ |
| 2024 | -3%↓ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2018 | - | $33.2M | $41.7M | $64.2M |
| 2019 | $41.0M | $48.1M | $52.1M | $92.2M |
| 2020 | $54.4M | $61.9M | $74.7M | $129.7M |
| 2021 | $82.9M | $102.4M | $116.7M | $196.2M |
| 2022 | $129.4M | $148.5M | $134.8M | $238.5M |
| 2023 | $141.2M | $154.5M | $154.0M | $250.5M |
| 2024 | $132.6M | $156.6M | $149.9M | $241.5M |
Do you work at Lovesac?
Did Lovesac meet its revenue projections?
| CEO | Shawn David Nelson |
| Company Type | Public |
| Employees Number | 257 |
| Date Founded | 1995 |
| Headquarters | Stamford, Connecticut |
| Number of Locations | 98 |
| Revenue | $680.6M |
| Net Income | $28,242,000 |
| Gross Proft | $397.8M (2024) |
| EBITDA | $48.4M (2021) |
| Tax Rate | 0.3% |
| Total Assets | $408,626,000 |
| Ticker | LOVE |
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|---|---|---|---|---|
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| Destination Maternity | $34,237 | $383.8M | 3,700 | - |
| Movado Group | $36,286 | $672.6M | 1,000 | 83 |
| Riddle's Jewelry | $35,205 | $190.0M | 750 | 17 |
| The Donna Karan Company LLC | $45,304 | $440.0M | 3,000 | - |
| Sunglass Warehouse | $29,783 | $8.5M | 75 | - |
Zippia gives an in-depth look into the details of Lovesac, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lovesac. The employee data is based on information from people who have self-reported their past or current employments at Lovesac. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lovesac. The data presented on this page does not represent the view of Lovesac and its employees or that of Zippia.
Lovesac may also be known as or be related to Love Sac and Lovesac.