Lovesac Co at Stifel Cross Sector Insight Conference (Virtual) Transcript
Good morning. My name is Lamont Williams. I am an analyst on the Internet team here at Stifel covering Lovesac. We are happy to have with us today Shawn Nelson, the founder and CEO of Lovesac. Thank you, Shawn, for spending time with us this morning.
Lovesac reported another strong quarter yesterday with results that well exceeded expectations. Revenue advanced over 50%, and gross margin expanded over 500 basis points. In our discussion, we will drill down some of the key points from the quarter.
Let me mention for those in the audience that would like to ask a question, there's a space to submit at the bottom of the screen. Please submit any questions you have there, and we will try to integrate them into the discussion.
Questions & Answers
With that, let's just dive right into it. Shawn, for those that may be less familiar with Lovesac and the story here, could you just give the brief overview of the business, the products you sell and the Designed for Life
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