{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-009338","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2023-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.196747+00:00","generated_at":"2026-06-17T12:57:38.361107+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lovesac Q4 net sales up 21.7% to $238.8M; adjusted EBITDA +51% to $48.3M","bullets":["Q4 net sales $238.8M (+21.7% YoY); FY net sales $651.5M (+30.8% YoY).","Q4 net income $27.6M (down 15.3%) vs $32.6M; FY net income $28.2M (down 38.5%).","Q4 adjusted EBITDA $48.3M (+51.0%); FY adjusted EBITDA $60.4M (+8.7%).","Q4 diluted EPS $1.74 vs $2.03; comparable sales +16.2% in Q4 and +21.9% for FY.","Operating cash flow FY negative $21.4M vs positive $34.0M prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-009338","json":"https://secwatch.observer/filing/0001628280-23-009338.json","markdown":"https://secwatch.observer/filing/0001628280-23-009338.md","text":"https://secwatch.observer/filing/0001628280-23-009338.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/0001628280-23-009338-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/love-20230328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T12:57:38.361107+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":[{"claim_id":"0af4fccaa123406e5ad39849c0b082c225574543","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%)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/0001628280-23-009338-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Thirteen weeks ended January 29, 2023"},{"label":"Revenue","value":"$238.8"},{"label":"Net income","value":"$27.6"},{"label":"EPS","value":"$1.74"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fc78a1829b7eed3181c15357b1543dc7c4dc4a8a","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%)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/0001628280-23-009338-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fifty-two weeks ended January 29, 2023"},{"label":"Revenue","value":"$651.5"},{"label":"Net income","value":"$28.2"},{"label":"EPS","value":"$1.77"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}