LoveSac (LOVE) is an American furniture retailer that specializes in a patented modular furniture system called sactionals. Sactionals consist of two combinable pieces “seats” and “sides”. Shawn Nelson, Founder and CEO of LoveSac, discusses the company and its growth outlook. LoveSac’s sales were boosted by an online pop-up shop on Costco (COST) website. Its 2Q revenue came in at $102.40M versus an estimated $90.97M and its 2Q net sales grew 65.4%. Tune in to find out more.
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