Lovesac Co

When used in this report, the terms we, us, our, Lovesac and the Company mean The Lovesac Company. Company Overview We are a technology driven company that designs, manufactures and sells unique, high quality furniture derived through our proprietary Designed for Life approach which results in products that are built to last a lifetime and designed to evolve as our customers’ lives do. Our current product offering is comprised of modular couches called Sactionals , premium foam beanbag chairs called Sacs , the immersive surround sound home theater system called StealthTech , the PillowSac Chair, the Sactionals Reclining Seat, a recently launched platform of premium seating called Snugg TM , and various accessories. Innovation is at the center of our design philosophy with all of our core products protected by a robust portfolio of utility and design patents. We market and sell our products through an omni-channel platform that includes direct-to-consumer touch points in the form of our own showrooms and online directly at www.lovesac.com. We believe that our ecommerce centric approach, coupled with our ability to deliver our large upholstered products through express couriers, is unique to the furniture industry. Product Overview Our products serve as a set of building blocks that can be rearranged, restyled and re-upholstered for any new setting or occasion, mitigating constant changes in fashion and style. They are built to last and evolve throughout a customer’s life. Sactionals . Our Sactional product line currently represents a majority of our net sales.