NasdaqGM:LOVEConsumer Durables
A Look at Lovesac's Valuation After Debuting Snugg Collection and Reporting Latest Earnings
Lovesac (LOVE) just made its biggest splash yet with the debut of Snugg, its first-ever couch and loveseat collection, bolstered by a head-turning marketing campaign featuring actress Brittany Snow. With this move, the company is not just upgrading its product line; it is making a bold play for a larger piece of the living room, and potentially a new tier of customers. Pair this with the latest earnings report, which showed a 2.5% uptick in net sales but a wider loss due to higher costs, and...