secwatch.observer — SEC 8-K summary
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Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2022-09-08T23:59:59+00:00
Accession:  0001628280-22-024561
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac Q2 net sales $148.5M (+45% YoY), EPS $0.45 (-13.5%), Adj. EBITDA $14.1M
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- Net sales $148.5M, up 45.0% YoY; comparable sales increased 31.1%.
- Gross margin 54.5%, down 310 bps from 57.6% in prior year.
- Diluted EPS $0.45 vs $0.52; net income $7.1M vs $8.4M.
- Adjusted EBITDA $14.1M, up 13.6% from $12.4M.
- Operating cash flow negative $37.6M vs positive $10.4M prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000162828022024561/0001628280-22-024561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000162828022024561/love-20220908.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-024561

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