{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-031159","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.909291+00:00","generated_at":"2026-06-11T01:19:04.607444+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Lovesac reports preliminary Q2 net sales ~$154M, net loss $0.5-1.5M; restatements ongoing","bullets":["Preliminary Q2 FY2024 net sales ~$154M, gross margin ~59%, net loss $0.5-1.5M, exceeding prior guidance.","Restating FY2023 and Q1 FY2024 financials due to errors in last mile freight expense accounting.","Delay in filing Q2 FY2024 10-Q; working expeditiously to file amended 10-K and 10-Q.","No scheduled date for final Q2 FY2024 earnings release or conference call yet."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-031159","json":"https://secwatch.observer/filing/0001628280-23-031159.json","markdown":"https://secwatch.observer/filing/0001628280-23-031159.md","text":"https://secwatch.observer/filing/0001628280-23-031159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023031159/0001628280-23-031159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023031159/love-20230831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:19:04.607444+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":"7039a5d9759932a64e2878e3444d433a1724328c","claim":"Lovesac Co reported second quarter fiscal 2024 ended July 30, 2023 results: revenue $154 million, net income $0.5 million to $1.5 million.","evidence_excerpt":"fiscal 2024 ended July 30, 2023, which exceed the guidance ranges provided with first quarter fiscal 2024 results on June 7, 2023: • Net sales are expected to be approximately $154 million • Gross margin is expected to be approximately 59% • Net loss is expected to be in the range of $0.5 million to $1.5 million The select preliminary second quarter fiscal 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023031159/0001628280-23-031159-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter fiscal 2024 ended July 30, 2023"},{"label":"Revenue","value":"$154 million"},{"label":"Net income","value":"$0.5 million to $1.5 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}