CG: Falling Back in LoveSac
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 9 February 2021
⏱️ 43 minutes
🧾️ Download transcript
Summary
For many investors, LoveSac (NASDAQ: LOVE) may conjure images of stained bean bags or low-end malls, but this reformed retailer of “sacs” and “sactionals” has completely reinvented its image and business over the past few years. Join Asit Sharma and Emily Flippen as they discuss if they love LoveSac enough to add it to their watchlist.
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
| 0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
| 0:20.4 | And we're talking energy. And today we're talking tech. |
| 0:23.0 | Let's dive in. |
| 0:24.0 | Welcome to Industry Focus. |
| 0:28.0 | Today is Tuesday, February 9th, and I'm your host, Emily Flippin. |
| 0:32.0 | Today, Osset Sharma and I are going to be |
| 0:34.8 | looking at an old company that has completely reinvented itself over the past few |
| 0:39.9 | years, Lovesack. Ousset, thanks for joining. |
| 0:44.0 | Emily, thanks so much for having me. |
| 0:46.7 | And I got to say, you know, for some reason, the name of this company reminds me of a classic |
| 0:52.2 | new wave hit from the B52s. This must have been the early 80s. |
| 0:56.0 | Love Shack! I can't get the course out of my head now. |
| 1:00.0 | And I apologize for anyone who's ever heard that song because now you won't be able to get it out of your head for the next, I don't know, a few hours, few days. |
| 1:08.0 | I was about to jastize you because you sent along the YouTube link for this song |
| 1:13.6 | before we take today's episode. |
| 1:15.4 | And all morning, I've just been internally |
| 1:18.4 | singing Love Shack to myself. |
| 1:20.5 | And it's kind of funny because I feel like that tune almost provides a good basis for this company. |
| 1:26.0 | Like I can see somebody enjoying love sacks products, which are these big comfy sacks and couches, |
| 1:32.0 | listening to some B-52s. I mean the whole feeling fits |
... |
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