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QQQ   288.23 (-0.47%)
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MSFT   252.31 (-0.33%)
FB   193.50 (+1.16%)
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TSLA   660.57 (-6.89%)
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NIO   16.50 (-0.96%)
AMD   93.38 (-3.40%)
CGC   5.52 (-5.96%)
MU   68.85 (-0.79%)
T   20.42 (+1.04%)
GE   75.30 (-0.58%)
F   12.46 (-3.04%)
DIS   102.25 (-0.86%)
AMC   12.19 (-6.80%)
PFE   52.52 (+3.69%)
PYPL   80.52 (-0.94%)
NFLX   185.78 (+1.25%)
S&P 500   3,901.36 (+0.01%)
DOW   31,261.90 (+0.03%)
QQQ   288.23 (-0.47%)
AAPL   137.16 (-0.14%)
MSFT   252.31 (-0.33%)
FB   193.50 (+1.16%)
GOOGL   2,176.77 (-1.40%)
AMZN   2,151.09 (+0.22%)
TSLA   660.57 (-6.89%)
NVDA   166.68 (-2.66%)
BABA   86.90 (-0.90%)
NIO   16.50 (-0.96%)
AMD   93.38 (-3.40%)
CGC   5.52 (-5.96%)
MU   68.85 (-0.79%)
T   20.42 (+1.04%)
GE   75.30 (-0.58%)
F   12.46 (-3.04%)
DIS   102.25 (-0.86%)
AMC   12.19 (-6.80%)
PFE   52.52 (+3.69%)
PYPL   80.52 (-0.94%)
NFLX   185.78 (+1.25%)
S&P 500   3,901.36 (+0.01%)
DOW   31,261.90 (+0.03%)
QQQ   288.23 (-0.47%)
AAPL   137.16 (-0.14%)
MSFT   252.31 (-0.33%)
FB   193.50 (+1.16%)
GOOGL   2,176.77 (-1.40%)
AMZN   2,151.09 (+0.22%)
TSLA   660.57 (-6.89%)
NVDA   166.68 (-2.66%)
BABA   86.90 (-0.90%)
NIO   16.50 (-0.96%)
AMD   93.38 (-3.40%)
CGC   5.52 (-5.96%)
MU   68.85 (-0.79%)
T   20.42 (+1.04%)
GE   75.30 (-0.58%)
F   12.46 (-3.04%)
DIS   102.25 (-0.86%)
AMC   12.19 (-6.80%)
PFE   52.52 (+3.69%)
PYPL   80.52 (-0.94%)
NFLX   185.78 (+1.25%)
S&P 500   3,901.36 (+0.01%)
DOW   31,261.90 (+0.03%)
QQQ   288.23 (-0.47%)
AAPL   137.16 (-0.14%)
MSFT   252.31 (-0.33%)
FB   193.50 (+1.16%)
GOOGL   2,176.77 (-1.40%)
AMZN   2,151.09 (+0.22%)
TSLA   660.57 (-6.89%)
NVDA   166.68 (-2.66%)
BABA   86.90 (-0.90%)
NIO   16.50 (-0.96%)
AMD   93.38 (-3.40%)
CGC   5.52 (-5.96%)
MU   68.85 (-0.79%)
T   20.42 (+1.04%)
GE   75.30 (-0.58%)
F   12.46 (-3.04%)
DIS   102.25 (-0.86%)
AMC   12.19 (-6.80%)
PFE   52.52 (+3.69%)
PYPL   80.52 (-0.94%)
NFLX   185.78 (+1.25%)

7 Consumer Discretionary Stocks That May Defy Expectations - 1 of 7

 

#1 - Lovesac (NASDAQ:LOVE)

Lovesac logo

Lovesac (NASDAQ:LOVE) was a big winner during the pandemic. The company is noteworthy for its modular furniture. And when consumers were reimagining their living spaces, the company’s products were popular. That was reflected in revenue that jumped 37% from $233.36 million in the fiscal year 2020 (which ended in April 2020) to $320.70 million in 2021.

But the company wasn’t done. In the fiscal year just ended, Lovesac posted $498.30 million in sales, a 55% jump from the prior year. And full-year earnings came in at $2.85 per share for the full year. To put that in context, the full-year EPS for the prior year was 89 cents per share. And both revenue and earnings have been growing on a quarterly basis.

Now add to this bullish case the fact that housing starts continue to be strong. That means there will continue to be living spaces to furnish. And this adds credibility to the thought that the company could very well hit the $111.33 price target set by analysts.

About Lovesac

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 30, 2022, the company operated 146 showrooms.Read More 
Current Price
$30.18
Consensus Rating
Buy
Ratings Breakdown
6 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$111.33 (268.9% Upside)




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