Lovesac Co

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Net sales $165.9m $233.4m $320.7m $498.2m $651.5m $700.3m $680.6m $697.1m
Gross profit $90.9m $116.7m $174.8m $273.3m $345.8m $401.0m $397.8m $393.2m
Total operating expenses $97.9m $132.5m $159.9m $234.9m $306.8m $371.0m $384.2m $387.9m
Operating income ($7.0m) ($15.8m) $14.9m $38.4m $39.0m $30.1m $13.6m $5.4m
Advertising and marketing $29.2m $41.9m $65.1m $79.9m $94.0m $88.0m $88.7m
Depreciation and amortization $3.1m $5.2m $6.6m $7.9m $10.8m $12.6m $14.7m $15.2m
Interest and other income, net ($117k) $1.7m $2.8m $1.3m
Net income before taxes ($15.2m) $14.8m $38.3m $38.9m $31.8m $16.4m $6.7m
Net income ($6.7m) ($15.2m) $14.7m $45.9m $28.2m $23.9m $11.6m $4.1m
Basic (in dollars per share) ($3.28) ($1.06) $1.01 $2.53 $2.56 $2.06 $1.06 $0.45
Diluted (in dollars per share) ($3.28) ($1.06) $0.97 $2.38 $2.44 $1.93 $0.98 $0.45
Cost of merchandise sold $75.0m $116.7m $146.0m $224.9m $305.7m $299.2m $282.8m $303.9m
Selling, general and administrative expenses $76.4m $98.1m $111.4m $162.0m $216.1m $264.3m $281.4m $284.0m
Income tax expense ($16k) ($43k) ($86k) $7.6m ($10.7m) ($8.0m) $4.9m $2.6m