{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-10T19:33:24.873494+00:00","company":{"ticker":"LOVE","cik":1701758,"company_name":"Lovesac Co"},"pagination":{"limit":100,"returned":28,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{},"facts":[{"fact_type":"executive_change","fact_key":"af6ac1ff6f","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2026-06-15T21:00:14+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2026-06-15","interim":false,"role":"Executive Vice President, Chief Financial Officer and Treasurer","role_category":"cfo","successor_name":"Andrew Farag","successor_named":true},"claim":"Keith Siegner resigned as Executive Vice President, Chief Financial Officer and Treasurer at Lovesac Co.","evidence_excerpt":"On June 12, 2026, the “Company and Mr. Keith Siegner, the Company’s Executive Vice President, Chief Financial Officer and Treasurer, agreed that Mr. Siegner will resign from his positions effective June 15, 2026 and transition to a non-executive role ending effective June 22, 2026 (the “Separation Date”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-26-068869","anchor_url":"https://secwatch.observer/filing/0001213900-26-068869#claim-af6ac1ff6f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000121390026068869/0001213900-26-068869-index.htm"},{"fact_type":"executive_change","fact_key":"2caed5f5fc","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2026-06-15T21:00:14+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2026-06-15","interim":false,"role":"Executive Vice President, Chief Financial Officer and Treasurer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Andrew Farag was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Lovesac Co.","evidence_excerpt":"On June 10, 2026, the Board of Directors (the “Board”) of The Lovesac Company (the “Company”) appointed Mr. Andrew Farag to serve as principal accounting officer, Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective June 15, 2026.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-26-068869","anchor_url":"https://secwatch.observer/filing/0001213900-26-068869#claim-2caed5f5fc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000121390026068869/0001213900-26-068869-index.htm"},{"fact_type":"earnings_release","fact_key":"2d6a4cb16e0b2a2c0b010f5b8fa3be02fd42bdc3","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2026-06-11T11:01:12+00:00","payload":{"eps_text":"$(0.76)","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(11.1)","period_text":"first quarter of fiscal year 2027, which ended May 3, 2026","report_date":"2026-06-11","result_type":"reported_results","revenue_text":"$138.2M"},"claim":"Lovesac Co reported first quarter of fiscal year 2027, which ended May 3, 2026 results: revenue $138.2M, net income $(11.1), EPS $(0.76).","evidence_excerpt":"be expressly set forth by specific reference in that filing. \n\n--- EX-99.1 (EX-99.1) ---\n\nTHE LOVESAC COMPANY REPORTS FIRST QUARTER FISCAL 2027 FINANCIAL RESULTS Q1 Net Sales of $138.2M Advances Strategic Growth Initiatives with Record Product Launches Ahead; Refines FY27 Outlook STAMFORD, Conn., June 11, 2026 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq:","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001628280-26-042363","anchor_url":"https://secwatch.observer/filing/0001628280-26-042363#claim-2d6a4cb16e0b2a2c0b010f5b8fa3be02fd42bdc3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026042363/0001628280-26-042363-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3b4797b7c9c32de04fba0b5bd2a962583428d485","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2026-06-09T20:49:53+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-09","outcome":"passed","proposal_text":"Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending January 31, 2027.","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"7,485","votes_against":"36,480","votes_for":"11,204,442","votes_withheld":"0"}]},"claim":"Lovesac Co shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending January 31, 2027. at the 2026-06-09 meeting.","evidence_excerpt":"PROPOSAL 3 - Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending January 31, 2027. For Against Abstain Broker Non-Vote 11,204,442 36,480 7,485 0","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001628280-26-041938","anchor_url":"https://secwatch.observer/filing/0001628280-26-041938#claim-3b4797b7c9c32de04fba0b5bd2a962583428d485","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026041938/0001628280-26-041938-index.htm"},{"fact_type":"shareholder_vote","fact_key":"c95688980fa68042f0ce5371cb5ec1557ace1329","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2026-06-09T20:49:53+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-09","outcome":"passed","proposal_text":"Advisory approval of the Company's fiscal 2026 compensation for its named executive officers.","proposal_type":"say_on_pay","results":[{"broker_non_votes":"1,922,827","subject":null,"votes_abstain":"2,954","votes_against":"2,563,546","votes_for":"6,759,080","votes_withheld":"0"}]},"claim":"Lovesac Co shareholders approved Advisory approval of the Company's fiscal 2026 compensation for its named executive officers. at the 2026-06-09 meeting.","evidence_excerpt":"PROPOSAL 2 - Advisory approval of the Company's fiscal 2026 compensation for its named executive officers. For Against Abstain Broker Non-Vote 6,759,080 2,563,546 2,954 1,922,827","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001628280-26-041938","anchor_url":"https://secwatch.observer/filing/0001628280-26-041938#claim-c95688980fa68042f0ce5371cb5ec1557ace1329","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026041938/0001628280-26-041938-index.htm"},{"fact_type":"shareholder_vote","fact_key":"895c153fedae71b7c6c17e8421ac96976e57ebf3","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2026-06-09T20:49:53+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-09","outcome":"passed","proposal_text":"Election of eight directors","proposal_type":"director_election","results":[{"broker_non_votes":"1,922,827","subject":"Alan Boehme","votes_abstain":"0","votes_against":"0","votes_for":"9,308,778","votes_withheld":"16,802"},{"broker_non_votes":"1,922,827","subject":"Andrew Heyer","votes_abstain":"0","votes_against":"0","votes_for":"6,937,893","votes_withheld":"2,387,687"},{"broker_non_votes":"1,922,827","subject":"Sharon Leite","votes_abstain":"0","votes_against":"0","votes_for":"7,989,365","votes_withheld":"1,336,215"},{"broker_non_votes":"1,922,827","subject":"Wan Ling Martello","votes_abstain":"0","votes_against":"0","votes_for":"9,314,084","votes_withheld":"11,496"},{"broker_non_votes":"1,922,827","subject":"Walter McLallen","votes_abstain":"0","votes_against":"0","votes_for":"8,003,837","votes_withheld":"1,321,743"},{"broker_non_votes":"1,922,827","subject":"Vineet Mehra","votes_abstain":"0","votes_against":"0","votes_for":"8,012,726","votes_withheld":"1,312,854"},{"broker_non_votes":"1,922,827","subject":"Shawn Nelson","votes_abstain":"0","votes_against":"0","votes_for":"9,307,843","votes_withheld":"17,737"},{"broker_non_votes":"1,922,827","subject":"Shirley Romig","votes_abstain":"0","votes_against":"0","votes_for":"8,004,439","votes_withheld":"1,321,141"}]},"claim":"Lovesac Co shareholders approved Election of eight directors at the 2026-06-09 meeting.","evidence_excerpt":"PROPOSAL 1 - Election of eight (8) directors . For Withhold Broker Non-Vote Alan Boehme 9,308,778 16,802 1,922,827 Andrew Heyer 6,937,893 2,387,687 1,922,827 Sharon Leite 7,989,365 1,336,215 1,922,827 Wan Ling Martello 9,314,084 11,496 1,922,827 Walter McLallen 8,003,837 1,321,743 1,922,827 Vineet Mehra 8,012,726 1,312,854 1,922,827 Shawn Nelson 9,307,843 17,737 1,922,827 Shirley Romig 8,004,439 1,321,141 1,922,827","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001628280-26-041938","anchor_url":"https://secwatch.observer/filing/0001628280-26-041938#claim-895c153fedae71b7c6c17e8421ac96976e57ebf3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026041938/0001628280-26-041938-index.htm"},{"fact_type":"earnings_release","fact_key":"cecf35de9cbdbc4598a7c1ee0d1f3341650a3e8a","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2026-03-26T23:59:59+00:00","payload":{"eps_text":"$2.19 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$32.1 million","period_text":"the fourth quarter and fiscal year 2026, which ended February 1, 2026","report_date":"2026-03-26","result_type":"reported_results","revenue_text":"$248.0 million"},"claim":"Lovesac Co reported the fourth quarter and fiscal year 2026, which ended February 1, 2026 results: revenue $248.0 million, net income $32.1 million, EPS $2.19 per share.","evidence_excerpt":"specific reference in that filing. \n\n--- EX-99.1 (EX-99.1) ---\n\nTHE LOVESAC COMPANY REPORTS FOURTH QUARTER AND FISCAL 2026 FINANCIAL RESULTS Q4 FY26 Net Sales Increased 2.7% to $248.0 million vs. Q4 FY25 FY26 Net Sales Increased 2.4% to $697.1 million vs. FY25 Announces New $40 million Share Repurchase Authorization STAMFORD, Co nn., March 26, 2026 (GLOBE NEWSWIRE) --","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-26-021185","anchor_url":"https://secwatch.observer/filing/0001628280-26-021185#claim-cecf35de9cbdbc4598a7c1ee0d1f3341650a3e8a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026021185/0001628280-26-021185-index.htm"},{"fact_type":"executive_change","fact_key":"6a404f3673","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2025-05-22T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-06-10","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"John Grafer resigned as Director at Lovesac Co.","evidence_excerpt":"On May 22, 2025, Mr. John Grafer notified the Board of Directors (the “Board”) of The Lovesac Company (the “Company”) of his decision to resign from the Board and all committees thereof, effective June 10, 2025 at the Company’s annual meeting, and not to stand for re-election at the annual meeting.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001213900-25-046859","anchor_url":"https://secwatch.observer/filing/0001213900-25-046859#claim-6a404f3673","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000121390025046859/0001213900-25-046859-index.htm"},{"fact_type":"executive_change","fact_key":"a59ca155ff","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2025-04-09T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-06-10","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Jack A. Krause resigned as Director at Lovesac Co.","evidence_excerpt":"Mr. Jack A. Krause notified the Board of Directors (the “Board”) of The Lovesac Company (the “Company”) of his intent to resign from the Board, effective at the conclusion of the Company’s annual meeting of stockholders on June 10, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-25-017204","anchor_url":"https://secwatch.observer/filing/0001628280-25-017204#claim-a59ca155ff","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828025017204/0001628280-25-017204-index.htm"},{"fact_type":"earnings_release","fact_key":"9d954090c7273f9f8cfaa6da0b9bd8659070ef17","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-12-06T23:59:59+00:00","payload":{"eps_text":"$(0.15) per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(2.3)","period_text":"third quarter of fiscal 2024, which ended October 29, 2023","report_date":"2023-12-06","result_type":"reported_results","revenue_text":"$154.0"},"claim":"Lovesac Co reported third quarter of fiscal 2024, which ended October 29, 2023 results: revenue $154.0, net income $(2.3), EPS $(0.15) per diluted share.","evidence_excerpt":"recalculate due to rounding.) Thirteen weeks ended Thirty-nine weeks ended October 29, 2023 October 30, 2022 % Inc (Dec) October 29, 2023 October 30, 2022 % Inc (Dec) Net sales $154.0 $134.8 14.3% $449.8 $412.7 9.0% Gross profit $88.4 $64.9 36.3% $251.4 $210.0 19.7% Gross margin 57.4 % 48.2 % 920 bps 55.9 % 50.9 % 500 bps Total operating expenses $92.1 $75.0","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-23-040827","anchor_url":"https://secwatch.observer/filing/0001628280-23-040827#claim-9d954090c7273f9f8cfaa6da0b9bd8659070ef17","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023040827/0001628280-23-040827-index.htm"},{"fact_type":"governance_change","fact_key":"c31a4bbd571da6e290380990dbabc8169207fd4c","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-12-01T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2023-11-30","item_codes_triggered":["5.03"],"summary_text":"Amended and restated bylaws to enhance procedural mechanics for stockholder nominations and proposals, update for universal proxy rules, add exclusive forum provisions, change voting threshold for future amendments, and make administrative changes."},"claim":"Lovesac Co: Amended and restated bylaws to enhance procedural mechanics for stockholder nominations and proposals, update for universal proxy rules, add exclusive forum provisions, change voting threshold for future amendments, and make administrative changes (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, the Board of Directors of The Lovesac Company (the “Company”), as part of its periodic review of the Company’s corporate governance documents, amended the Company’s bylaws (the “Amended and Restated Bylaws), effective immediately (the “Bylaws Amendment”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-23-040449","anchor_url":"https://secwatch.observer/filing/0001628280-23-040449#claim-c31a4bbd571da6e290380990dbabc8169207fd4c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023040449/0001628280-23-040449-index.htm"},{"fact_type":"earnings_release","fact_key":"92648364057c07c3ca3ccb658f59c45440ac199b","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-11-03T23:59:59+00:00","payload":{"eps_text":"$(0.04) per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(0.6)","period_text":"second quarter of fiscal 2024, which ended July 30, 2023","report_date":"2023-11-03","result_type":"reported_results","revenue_text":"$154.5"},"claim":"Lovesac Co reported second quarter of fiscal 2024, which ended July 30, 2023 results: revenue $154.5, net income $(0.6), EPS $(0.04) per diluted share.","evidence_excerpt":"may not recalculate due to rounding.) Thirteen weeks ended Twenty-six weeks ended July 30, 2023 July 31, 2022 % Inc (Dec) July 30, 2023 July 31, 2022 % Inc (Dec) Net sales $154.5 $148.5 4.0% $295.7 $277.9 6.4% Gross profit $92.4 $79.1 16.8% $163.0 $145.1 12.3% Gross margin 59.8 % 53.3 % 650 bps 55.1 % 52.2 % 290 bps Total operating expenses $93.4 $71.0","confidence":0.92,"filing_url":"https://secwatch.observer/filing/0001628280-23-036549","anchor_url":"https://secwatch.observer/filing/0001628280-23-036549#claim-92648364057c07c3ca3ccb658f59c45440ac199b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023036549/0001628280-23-036549-index.htm"},{"fact_type":"earnings_release","fact_key":"88830ccd7e684ca33c5a09a334da1844b786dbe0","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-10-30T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"third quarter of fiscal 2024 ended October 29, 2023","report_date":"2023-10-30","result_type":"preliminary_results","revenue_text":null},"claim":"Lovesac Co reported preliminary financial results for third quarter of fiscal 2024 ended October 29, 2023.","evidence_excerpt":"The Lovesac Company Announces Second Quarter Conference Call Date Provides Preliminary Sales Outlook for Fiscal Third Quarter STAMFORD, Conn., October 30, 2023 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) today announced that its second quarter financial results will be released before market open on Friday, November 3, 2023.","confidence":0.8,"filing_url":"https://secwatch.observer/filing/0001628280-23-035444","anchor_url":"https://secwatch.observer/filing/0001628280-23-035444#claim-88830ccd7e684ca33c5a09a334da1844b786dbe0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023035444/0001628280-23-035444-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"9b109553af9fa17e06173c3946aecaebc5862373","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-09-22T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"plan_due","cure_deadline":null,"deficiency_type":"late_filing","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2023-09-18","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5250(c)(1)"],"rules_cited_in_text":true},"claim":"Lovesac Co received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"September 18, 2023, the Company received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”)\nindicating that the Company was not in compliance with Nasdaq’s Listing Rule 5250(c)(1) because the Company did not timely file\nits Quarterly Report. Under\nNasdaq rules, the Company now has 60 calendar days (until November 17, 2023) to submit a plan to regain compliance. If Nasdaq accepts\nthe Company’s plan, Nasdaq can grant an exception of up to 180 calendar days from the Quarterly Report’s original due date,\nwhich 180-day period would end on March 6, 2024, to regain compliance","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-23-078526","anchor_url":"https://secwatch.observer/filing/0001213900-23-078526#claim-9b109553af9fa17e06173c3946aecaebc5862373","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000121390023078526/0001213900-23-078526-index.htm"},{"fact_type":"earnings_release","fact_key":"7039a5d9759932a64e2878e3444d433a1724328c","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-08-31T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$0.5 million to $1.5 million","period_text":"second quarter fiscal 2024 ended July 30, 2023","report_date":"2023-08-31","result_type":"preliminary_results","revenue_text":"$154 million"},"claim":"Lovesac Co reported second quarter fiscal 2024 ended July 30, 2023 results: revenue $154 million, net income $0.5 million to $1.5 million.","evidence_excerpt":"fiscal 2024 ended July 30, 2023, which exceed the guidance ranges provided with first quarter fiscal 2024 results on June 7, 2023: • Net sales are expected to be approximately $154 million • Gross margin is expected to be approximately 59% • Net loss is expected to be in the range of $0.5 million to $1.5 million The select preliminary second quarter fiscal 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-23-031159","anchor_url":"https://secwatch.observer/filing/0001628280-23-031159#claim-7039a5d9759932a64e2878e3444d433a1724328c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023031159/0001628280-23-031159-index.htm"},{"fact_type":"earnings_release","fact_key":"2d93373d81bd556aad22635c3cc5489e75112b1e","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-06-07T23:59:59+00:00","payload":{"eps_text":"$(0.28)","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(4.2)","period_text":"the first quarter of fiscal 2024, which ended April 30, 2023","report_date":"2023-06-07","result_type":"reported_results","revenue_text":"$141.2"},"claim":"Lovesac Co reported the first quarter of fiscal 2024, which ended April 30, 2023 results: revenue $141.2, net income $(4.2), EPS $(0.28).","evidence_excerpt":"in millions, except per share amounts. Dollar and percentage changes may not recalculate due to rounding.) Thirteen weeks ended April 30, 2023 May 1, 2022 % Inc (Dec) Net Sales $141.2 $129.4 9.1% Gross Profit $70.7 $66.1 7.0% Gross Margin 50.1 % 51.1 % (100) bps Total Operating Expense $76.6 $63.5 20.7% SG&A $56.8 $44.9 26.6% SG&A as a % of Net Sales 40.3 %","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-23-021163","anchor_url":"https://secwatch.observer/filing/0001628280-23-021163#claim-2d93373d81bd556aad22635c3cc5489e75112b1e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023021163/0001628280-23-021163-index.htm"},{"fact_type":"executive_change","fact_key":"3a4969c702","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-06-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-06-30","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Keith Siegner was appointed as Executive Vice President and Chief Financial Officer at Lovesac Co.","evidence_excerpt":"On June 1, 2023, the Board of Directors (the “Board”) of the Company appointed Mr. Keith Siegner to serve as Executive Vice President and Chief Financial Officer of the Company, effective June 30, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-23-021164","anchor_url":"https://secwatch.observer/filing/0001628280-23-021164#claim-3a4969c702","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023021164/0001628280-23-021164-index.htm"},{"fact_type":"executive_change","fact_key":"6b19e4be0d","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-06-07T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"retirement","effective_date":"2023-06-30","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":"Keith Siegner","successor_named":true},"claim":"Donna Dellomo resigned as Chief Financial Officer at Lovesac Co.","evidence_excerpt":"On June 1, 2023, Ms. Donna Dellomo, the Chief Financial Officer, principal accounting officer, Secretary and Treasurer of The Lovesac Company (the “Company”) informed the Company that she will resign from her role effective June 30, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-23-021164","anchor_url":"https://secwatch.observer/filing/0001628280-23-021164#claim-6b19e4be0d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023021164/0001628280-23-021164-index.htm"},{"fact_type":"shareholder_vote","fact_key":"2c4bc698b44c531cef9d0f25114f2582e0fbb820","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-06-02T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-01","outcome":"passed","proposal_text":"Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending February 4, 2024.","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"1,692,807","subject":null,"votes_abstain":"59,462","votes_against":"11,357","votes_for":"11,687,489","votes_withheld":"0"}]},"claim":"Lovesac Co shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending February 4, 2024. at the 2023-06-01 meeting.","evidence_excerpt":"PROPOSAL 4 - Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending February 4, 2024. For Against Abstain Broker Non-Vote 11,687,489 11,357 59,462 1,692,807","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001628280-23-020672","anchor_url":"https://secwatch.observer/filing/0001628280-23-020672#claim-2c4bc698b44c531cef9d0f25114f2582e0fbb820","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023020672/0001628280-23-020672-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e88b3738b2f56e215139eed9005db9a23b99b566","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-06-02T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-01","outcome":"passed","proposal_text":"Approval of the Amendment to the Second Amended and Restated 2017 Equity Incentive Plan that increases the number of shares for issuance thereunder by 225,000.","proposal_type":"equity_plan","results":[{"broker_non_votes":"1,692,807","subject":null,"votes_abstain":"60,475","votes_against":"880,462","votes_for":"9,124,564","votes_withheld":"0"}]},"claim":"Lovesac Co shareholders approved Approval of the Amendment to the Second Amended and Restated 2017 Equity Incentive Plan that increases the number of shares for issuance thereunder by 225,000. at the 2023-06-01 meeting.","evidence_excerpt":"PROPOSAL 3 - Approval of the Amendment to the Second Amended and Restated 2017 Equity Incentive Plan that increases the number of shares for issuance thereunder by 225,000. For Against Abstain Broker Non-Vote 9,124,564 880,462 60,475 1,692,807","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001628280-23-020672","anchor_url":"https://secwatch.observer/filing/0001628280-23-020672#claim-e88b3738b2f56e215139eed9005db9a23b99b566","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023020672/0001628280-23-020672-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e850648df3cf3160d37ed52eef077bb79349182a","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-06-02T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-01","outcome":"passed","proposal_text":"Advisory approval of the Company's fiscal 2023 compensation for its named executive officers.","proposal_type":"say_on_pay","results":[{"broker_non_votes":"1,692,807","subject":null,"votes_abstain":"64,823","votes_against":"648,808","votes_for":"9,351,870","votes_withheld":"0"}]},"claim":"Lovesac Co shareholders approved Advisory approval of the Company's fiscal 2023 compensation for its named executive officers. at the 2023-06-01 meeting.","evidence_excerpt":"PROPOSAL 2 - Advisory approval of the Company's fiscal 2023 compensation for its named executive officers. For Against Abstain Broker Non-Vote 9,351,870 648,808 64,823 1,692,807","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001628280-23-020672","anchor_url":"https://secwatch.observer/filing/0001628280-23-020672#claim-e850648df3cf3160d37ed52eef077bb79349182a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023020672/0001628280-23-020672-index.htm"},{"fact_type":"shareholder_vote","fact_key":"7a27d9b02faa0908e219be6eb6049443d6a2d890","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-06-02T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-01","outcome":"passed","proposal_text":"Election of eight directors","proposal_type":"director_election","results":[{"broker_non_votes":"1,692,807","subject":"John Grafer","votes_abstain":"0","votes_against":"0","votes_for":"8,376,273","votes_withheld":"1,689,228"},{"broker_non_votes":"1,692,807","subject":"Andrew Heyer","votes_abstain":"0","votes_against":"0","votes_for":"5,840,384","votes_withheld":"4,225,117"},{"broker_non_votes":"1,692,807","subject":"Jack Krause","votes_abstain":"0","votes_against":"0","votes_for":"9,943,957","votes_withheld":"121,544"},{"broker_non_votes":"1,692,807","subject":"Sharon Leite","votes_abstain":"0","votes_against":"0","votes_for":"9,351,212","votes_withheld":"714,289"},{"broker_non_votes":"1,692,807","subject":"Walter McLallen","votes_abstain":"0","votes_against":"0","votes_for":"9,293,327","votes_withheld":"772,174"},{"broker_non_votes":"1,692,807","subject":"Vineet Mehra","votes_abstain":"0","votes_against":"0","votes_for":"9,937,977","votes_withheld":"127,524"},{"broker_non_votes":"1,692,807","subject":"Shawn Nelson","votes_abstain":"0","votes_against":"0","votes_for":"9,947,994","votes_withheld":"117,507"},{"broker_non_votes":"1,692,807","subject":"Shirley Romig","votes_abstain":"0","votes_against":"0","votes_for":"7,956,633","votes_withheld":"2,108,868"}]},"claim":"Lovesac Co shareholders approved Election of eight directors at the 2023-06-01 meeting.","evidence_excerpt":"The following are the voting results on the four proposals considered and voted upon at the Annual Meeting, all of which were described in the Company's Proxy Statement. PROPOSAL 1 - Election of eight (8) directors . For Withhold Broker Non-Vote John Grafer 8,376,273 1,689,228 1,692,807 Andrew Heyer 5,840,384 4,225,117 1,692,807 Jack Krause 9,943,957 121,544 1,692,807 Sharon Leite 9,351,212 714,289 1,692,807 Walter McLallen 9,293,327 772,174 1,692,807 Vineet Mehra 9,937,977 127,524 1,692,807 Shawn Nelson 9,947,994 117,507 1,692,807 Shirley Romig 7,956,633 2,108,868 1,692,807","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001628280-23-020672","anchor_url":"https://secwatch.observer/filing/0001628280-23-020672#claim-7a27d9b02faa0908e219be6eb6049443d6a2d890","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023020672/0001628280-23-020672-index.htm"},{"fact_type":"earnings_release","fact_key":"fc78a1829b7eed3181c15357b1543dc7c4dc4a8a","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-03-28T23:59:59+00:00","payload":{"eps_text":"$1.77","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$28.2","period_text":"Fifty-two weeks ended January 29, 2023","report_date":"2023-03-28","result_type":"reported_results","revenue_text":"$651.5"},"claim":"Lovesac Co reported Fifty-two weeks ended January 29, 2023 results: revenue $651.5, net income $28.2, EPS $1.77.","evidence_excerpt":"Net Sales $238.8 $196.2 21.7% $651.5 $498.2 30.8% Gross Profit $135.2 $109.6 23.4% $345.8 $273.3 26.5% Gross Margin 56.6 % 55.9 % 70 bps 53.1 % 54.9 % (180) bps Total Operating Expense $97.1 $85.4 13.7% $306.8 $234.9 30.6% SG&A $68.7 $57.8 18.9% $216.1 $162.0 33.4% SG&A as a % of Net Sales 28.8 % 29.4 % (60) bps 33.2 % 32.5 % 70 bps Advertising & Marketing $25.8 $25.5 1.2% $79.9 $65.1 22.7% Advertising & Marketing as a % of Net Sales 10.8 % 13.0 % (220) bps 12.3 % 13.1 % (80) bps Basic EPS Income $1.82 $2.15 (15.3%) $1.86 $3.04 (38.8%) Diluted EPS Income $1.74 $2.03 (14.3%) $1.77 $2.86 (38.1%) Net Income $27.6 $32.6 (15.3%) $28.2 $45.9 (38.5%)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-23-009338","anchor_url":"https://secwatch.observer/filing/0001628280-23-009338#claim-fc78a1829b7eed3181c15357b1543dc7c4dc4a8a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/0001628280-23-009338-index.htm"},{"fact_type":"earnings_release","fact_key":"0af4fccaa123406e5ad39849c0b082c225574543","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2023-03-28T23:59:59+00:00","payload":{"eps_text":"$1.74","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$27.6","period_text":"Thirteen weeks ended January 29, 2023","report_date":"2023-03-28","result_type":"reported_results","revenue_text":"$238.8"},"claim":"Lovesac Co reported Thirteen weeks ended January 29, 2023 results: revenue $238.8, net income $27.6, EPS $1.74.","evidence_excerpt":"Net Sales $238.8 $196.2 21.7% $651.5 $498.2 30.8% Gross Profit $135.2 $109.6 23.4% $345.8 $273.3 26.5% Gross Margin 56.6 % 55.9 % 70 bps 53.1 % 54.9 % (180) bps Total Operating Expense $97.1 $85.4 13.7% $306.8 $234.9 30.6% SG&A $68.7 $57.8 18.9% $216.1 $162.0 33.4% SG&A as a % of Net Sales 28.8 % 29.4 % (60) bps 33.2 % 32.5 % 70 bps Advertising & Marketing $25.8 $25.5 1.2% $79.9 $65.1 22.7% Advertising & Marketing as a % of Net Sales 10.8 % 13.0 % (220) bps 12.3 % 13.1 % (80) bps Basic EPS Income $1.82 $2.15 (15.3%) $1.86 $3.04 (38.8%) Diluted EPS Income $1.74 $2.03 (14.3%) $1.77 $2.86 (38.1%) Net Income $27.6 $32.6 (15.3%) $28.2 $45.9 (38.5%)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-23-009338","anchor_url":"https://secwatch.observer/filing/0001628280-23-009338#claim-0af4fccaa123406e5ad39849c0b082c225574543","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/0001628280-23-009338-index.htm"},{"fact_type":"executive_change","fact_key":"2dd9c74e77","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2021-11-12T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2021-11-15","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Jack A. Krause was appointed as Director at Lovesac Co.","evidence_excerpt":"The Company also announced the appointment of Mr. Jack A. Krause, 58, to the position of Chief Strategy Officer of the Company and as a member of the Board of Directors, in each case, effective November 15, 2021.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-21-022961","anchor_url":"https://secwatch.observer/filing/0001628280-21-022961#claim-2dd9c74e77","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828021022961/0001628280-21-022961-index.htm"},{"fact_type":"executive_change","fact_key":"2b8c1965ae","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2021-11-12T23:59:59+00:00","payload":{"action":"appointed","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2021-11-15","interim":false,"role":"Chief Strategy Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Jack A. Krause was appointed as Chief Strategy Officer at Lovesac Co.","evidence_excerpt":"The Company also announced the appointment of Mr. Jack A. Krause, 58, to the position of Chief Strategy Officer of the Company and as a member of the Board of Directors, in each case, effective November 15, 2021. Previously, Mr. Krause served as the Company’s President and Chief Operating Officer since 2015.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-21-022961","anchor_url":"https://secwatch.observer/filing/0001628280-21-022961#claim-2b8c1965ae","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828021022961/0001628280-21-022961-index.htm"},{"fact_type":"executive_change","fact_key":"cc3b5df9fc","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2021-11-12T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2021-11-15","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Mary Fox resigned as Director at Lovesac Co.","evidence_excerpt":"In connection with her appointment, on November 9, 2021, Ms. Fox notified the Board of her decision to resign from the Board of Directors (the “Board”), effective November 15, 2021.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-21-022961","anchor_url":"https://secwatch.observer/filing/0001628280-21-022961#claim-cc3b5df9fc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828021022961/0001628280-21-022961-index.htm"},{"fact_type":"executive_change","fact_key":"66e43f9c28","cik":1701758,"ticker":"LOVE","company_name":"Lovesac Co","filed_at":"2021-11-12T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2021-11-15","interim":false,"role":"President and Chief Operating Officer","role_category":"coo","successor_name":null,"successor_named":false},"claim":"Mary Fox was appointed as President and Chief Operating Officer at Lovesac Co.","evidence_excerpt":"On November 11, 2021, The Lovesac Company (the “Company”) announced the appointment of Ms. Mary Fox, 49, to the position of President and Chief Operating Officer of the Company, effective November 15, 2021.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-21-022961","anchor_url":"https://secwatch.observer/filing/0001628280-21-022961#claim-66e43f9c28","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828021022961/0001628280-21-022961-index.htm"}]}