{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-22-031486","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2022-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.759424+00:00","generated_at":"2026-06-21T08:10:25.450019+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lovesac Q3 net loss $8.4M vs $2.8M profit YoY; sales up 15.5% but margins shrink","bullets":["Net loss of $8.4M vs prior-year net income $2.8M; diluted EPS loss $0.55 vs $0.17 income.","Net sales $134.8M, +15.5% YoY; comparable sales +8.9%. Gross margin 47.2%, down 300 bps.","SG&A $53.7M, +40.9% YoY, driven by 720 bps increase as % of sales to 39.8%.","Adjusted EBITDA negative $8.4M vs positive $5.8M last year; net cash used in ops $(5.6)M.","CEO cites challenging backdrop, plans tight expense management and prioritization for holiday season."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-22-031486","json":"https://secwatch.observer/filing/0001628280-22-031486.json","markdown":"https://secwatch.observer/filing/0001628280-22-031486.md","text":"https://secwatch.observer/filing/0001628280-22-031486.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828022031486/0001628280-22-031486-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828022031486/love-20221207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T08:10:25.450019+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}