The Lovesac Company
0.82 %
-20.75 %
Yet to be announced
Company Overview
The Lovesac Company designs, manufactures, and sells furniture including modular couches called Sactionals, foam beanbag chairs called Sacs, and other home decor products. The company operates through a direct-to-consumer model via showrooms, online channels, and shop-in-shops within other retailers. Their products are known for being adaptable, washable, and environmentally sustainable.
Revenue Sources
PassBased on reviewing The Lovesac Company's business model and revenue sources, their income is derived primarily from furniture sales and related home decor products. There is no evidence of revenue from prohibited sources such as alcohol, gambling, pork products, or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Feb. 2, 2025 | $241.49m | $193.89m | - | - | 0.00% | 0.00% |
| Nov. 3, 2024 | $149.91m | $157.63m | - | - | 0.00% | 0.00% |
| Aug. 4, 2024 | $156.59m | $164.96m | - | - | 0.00% | 0.00% |
| May 5, 2024 | $132.64m | $149.75m | - | $-740,000.0 | 0.00% | 0.50% |
Analysis of the last four quarters shows minimal interest expenses relative to total expenses. In two quarters, interest expense was zero, and in the other two quarters, it was less than 1% of total expenses. This level of interest expense is considered insignificant and incidental to normal business operations.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in North America and does not appear to have material business relationships with the state of Israel or the Chinese Communist Party.
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