Aurora Financial's Austin Crites on getting comfortable with The Lovesac Company $LOVE

Yet Another Value Podcast

Austin Crites, CIO at Aurora Financial Strategies, joins the podcast to discuss his thesis on The Lovesac Company (NASDAQ: LOVE), the home furnishing and technology brand best known for its Sacs, The World's Most Comfortable Seat.

For more information about Aurora Financial Strategies, please visit: https://www.aurorafinancialstrategies.com/

Chapters:

[0:00] Introduction + Episode sponsor: Tegus

[1:35] Overview of Lovesac $LOVE and why are they so interesting to Austin

[5:44] Bear case: One product company + cheap knockoffs

[12:02] Repeat business / Crocs comparison / Reddit and TikTok Lovesac / Target customers

[21:27] Shark Ninja comparison

[26:09] Valuation / Competitive analysis (La-Z-Boy, Restoration Hardware)

[31:07] Inventory turns

[34:56] Short interest

[38:48] Management and insider ownership

[41:27] Barter revenues

[43:43] $LOVE final thoughts

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