secwatch.observer — SEC 8-K summary
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Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2023-03-28T23:59:59+00:00
Accession:  0001628280-23-009338
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac Q4 net sales up 21.7% to $238.8M; adjusted EBITDA +51% to $48.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/0001628280-23-009338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000162828023009338/love-20230328.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-009338

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