Here are a few of the most interesting Lovesac statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Lovesac Facts
- Website: Official Website
- Year Founded: 1995
- Headquarters: Stamford, CT
- Founder(s): Shawn David Nelson
- Current Chief Executive: Shawn David Nelson
What is Lovesac?
At Lovesac, we’re committed to helping people fill their homes with Total ComfortTM. That means having furniture that can evolve along with them as life unfolds. From Sactionals – The World’s Most Adaptable CouchTM, to Sacs – The World’s Most Comfortable SeatTM, Lovesac products provide peace of mind where others can’t. Our products can adapt to fit almost any space and style, and look like new forever. This enables a new way of living, where people can continue to invest in, add to, and evolve their furniture instead of adding it to the landfill—which is good for families and our environment. (source)
Lovesac Employee Count
Number of Lovesac employees:
257 full-time and 333 part-time employees
Last updated 2/3/19
Lovesac Revenue Totals
Lovesac annual net sales:
- FY 2019: $165 million
- FY 2018: $101 million
Lovesac annual net income:
- FY 2019: $6.7 million net loss
- FY 2018: $5.5 million net loss