The Lovesac Co (LOVE) has disclosed a new risk, in the Manufacturing category.
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Product recalls or repurchase obligations could force The Lovesac Co to absorb significant direct costs while also straining logistics and inventory management. In addition, any quality or safety issues leading to a recall may damage brand reputation, hinder the sell-through of affected products, and materially pressure its operating results and financial condition.
The average LOVE stock price target is $24.00, implying 67.01% upside potential.
To learn more about The Lovesac Co’s risk factors, click here.