The Lovesac Company Selling, General, and Administrative (SG&A) Expense Ratio 3 year CAGR is 2.96% for the quarter ending January 31, 2024, a 284.33% change year over year. The SG&A expense ratio measures the proportion of selling, general, and administrative (SG&A) expenses to the revenue of a company. It is calculated by dividing the SG&A expenses by the revenue. This ratio indicates the level of SG&A expenses incurred by the company relative to its revenue. A higher ratio suggests a higher allocation of resources towards SG&A expenses, which includes expenses related to sales, marketing, administration, and overhead. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.