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Lovesac Elects Board Directors, Fails Compensation Approval

Story Highlights
  • The Lovesac Company elected six directors at its 2025 Annual Meeting.
  • The advisory approval for executive compensation was not passed, but Deloitte & Touche LLP was ratified as auditor.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lovesac Elects Board Directors, Fails Compensation Approval

Confident Investing Starts Here:

An update from The Lovesac Company ( (LOVE) ) is now available.

At the 2025 Annual Meeting of Stockholders held on June 10, 2025, The Lovesac Company elected six directors to its Board, with Shawn Nelson receiving the highest votes. However, the advisory approval for the fiscal 2025 compensation for named executive officers was not passed, while the appointment of Deloitte & Touche LLP as the independent auditor for the fiscal year ending February 1, 2026, was ratified.

The most recent analyst rating on (LOVE) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on The Lovesac Company stock, see the LOVE Stock Forecast page.

Spark’s Take on LOVE Stock

According to Spark, TipRanks’ AI Analyst, LOVE is a Neutral.

The Lovesac Company’s stock score is driven by solid financial performance and successful product launches, which indicate potential for future growth. However, high valuation and revenue decline present challenges. Technical indicators suggest a mixed outlook, with short-term momentum but longer-term pressure. Strategic initiatives and leadership changes could mitigate some risks.

To see Spark’s full report on LOVE stock, click here.

More about The Lovesac Company

The Lovesac Company operates in the furniture industry, primarily focusing on designing and selling innovative, high-quality furniture products, including modular couches and bean bags, targeting modern consumers seeking comfort and versatility.

Average Trading Volume: 525,326

Technical Sentiment Signal: Sell

Current Market Cap: $310.1M

Find detailed analytics on LOVE stock on TipRanks’ Stock Analysis page.

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