About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Triple-Digit Gains Are In Store For The Lovesac Company

By: MarketBeat

Lovesac Company stock price

Shares of The Lovesac Company (NASDAQ: LOVE) are up more than 15% following a solid report and may go even higher. This company benefits from sustained strength in the furniture industry, but there is more to the story. The Lovesac Company is a unique offering in a rarely-disrupted space, and it is one with value and appeal for consumers. It is growing at a pace above the broader industry and could more than double in size over the next few years.

The closest competitor, La-Z-Boy (NYSE: LZB), does about twice the business compared to the recent quarter, and its offerings aren’t twice as good. If anything, these brands offer contrasting takes on the same approach to furniture, and La-Z-Boy is the one that stands to lose market share. 

The Lovesac Company Has Robust Quarter, Reaffirms Guidance 

The Lovesac Company had a robust quarter, posting revenue growth of 21% compared to low-single-digit growth or no growth for competitors like Ethan Allen (NYSE: ETD), Haverty Furniture Company (NYSE: HVT) and La-z-Boy. The revenue was driven by a 16.2% comp, new store additions and strength in the digital channels. Digital sales increased by 26.4%, a testament to the company’s model. The “sactional” sofas are interchangeable, so add-on purchases are quickly done from remote locations. The overlapping manufacturing footprint means orders can be fulfilled from multiple locations, cutting lead times and costs. 

The margin was solid as well. The company improved gross and operating margins to drive bottom-line growth and outperformance—however, the company’s $1.74 in GAAP EPS is down YOY due to tax provisions last year and this year. The company reaffirmed its guidance, which is better than the analysts expected. 

Lovesac stock ranking

A Short-Covering Rally For The Lovesac Company?

The short sellers have been hard at work with The Lovesac Company. They’ve sold it down more than 50% to outpace the next most aggressive correction in the furniture industry by triple double digits. The short interest was a whopping 28% at the last report and may remain high even with the Q4 report and guidance. The short volume at the time was nearly 70% indicating a high level of conviction among traders. The takeaway is that short selling has this market set up for a sustained rally, if not a squeeze, and there is significant upside potential.

The analysts' activity in The Lovesac Company has been muted over the past few months, but the rating has remained steady at a Buy. The price target is down compared to last year but steady over the last quarter and still 135% above the price action. Even the low price target of $50 assumes nearly 100% of upside, and there could be more, given the growth outlook. The institutions also support this company; they’ve been buying it since the IPO and own about 88%, which is a telling figure. 

The Technical Outlook: The Lovesac Company Is At Bottom 

A short-covering rally or short-squeeze remains to be seen, but this market has hit bottom. The bottom was reached late last year and is shaping into a Head & Shoulders that may lead to a reversal. The next hurdle for the market is near $30; if it can get above that level, it may move up into the $50 range. Until then, investors should expect this stock to move sideways within the current range until another catalyst for change exists. The outlook for economic growth is still sketchy and will likely weigh on all stocks as the year progresses. 

More News

View More
PayPal Stock: Why Wall Street May Be Undervaluing This Giant
Via MarketBeat
Topics Economy
Tickers PYPL
Why Vertical Aerospace Could Lead the eVTOL Market by 2028
Via MarketBeat
Tickers EVTL VTOL
Is Draganfly's Army Partnership a Game-Changer for Investors?
Via MarketBeat
Tickers DPRO
3 Auto Stocks to Watch as EV and Hybrid Demand Shifts
Via MarketBeat
Topics Economy Stocks World Trade
Tickers F GM TSLA
4 Stocks Set to Benefit From the PDT Rule Change
Via MarketBeat
Topics Regulatory Compliance
Tickers HOOD IBKR SCHW TSLA
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.