secwatch.observer — SEC 8-K summary
======================================

Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001628280-22-007519
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac Q4 net sales $196.2M, +51%; FY net income triples to $45.9M
-------------------------------------------------------------------

- Q4 net sales $196.2M (+51.3% YoY); diluted EPS $2.03 vs $1.37.
- Record FY2022 net sales $498.2M (+55.3%); net income $45.9M (up from $14.7M).
- Comparable sales grew 50.0% in Q4 and 46.9% for FY2022.
- Adjusted EBITDA for FY2022 $55.5M, up 96.1% from $28.3M.
- Gross margin Q4 55.9% (down 200bps), FY 54.9% (up 40bps).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000162828022007519/0001628280-22-007519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000162828022007519/love-20220329.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-007519

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer