{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-040827","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2023-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.100709+00:00","generated_at":"2026-06-07T17:13:51.152125+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lovesac Q3 net sales up 14.3% to $154M; net loss narrows 68.2%","bullets":["Net sales $154.0M vs $134.8M a year ago, growth of 14.3% on top of 15.5% prior-year growth.","Gross margin expanded 920 bps to 57.4% from 48.2%, driven by cost improvement and pricing.","Net loss improved 68.2% to $(2.3M) from $(7.4M); diluted EPS $(0.15) vs $(0.48).","Adjusted EBITDA turned positive at $2.5M versus $(6.9M) in Q3 last year.","Operating cash flow used $7.2M vs $(5.5M) used; year-to-date operating cash flow $20.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-040827","json":"https://secwatch.observer/filing/0001628280-23-040827.json","markdown":"https://secwatch.observer/filing/0001628280-23-040827.md","text":"https://secwatch.observer/filing/0001628280-23-040827.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023040827/0001628280-23-040827-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023040827/love-20231206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T17:13:51.152125+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":"9d954090c7273f9f8cfaa6da0b9bd8659070ef17","claim":"Lovesac Co reported third quarter of fiscal 2024, which ended October 29, 2023 results: revenue $154.0, net income $(2.3), EPS $(0.15) per diluted share.","evidence_excerpt":"recalculate due to rounding.) Thirteen weeks ended Thirty-nine weeks ended October 29, 2023 October 30, 2022 % Inc (Dec) October 29, 2023 October 30, 2022 % Inc (Dec) Net sales $154.0 $134.8 14.3% $449.8 $412.7 9.0% Gross profit $88.4 $64.9 36.3% $251.4 $210.0 19.7% Gross margin 57.4 % 48.2 % 920 bps 55.9 % 50.9 % 500 bps Total operating expenses $92.1 $75.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023040827/0001628280-23-040827-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2024, which ended October 29, 2023"},{"label":"Revenue","value":"$154.0"},{"label":"Net income","value":"$(2.3)"},{"label":"EPS","value":"$(0.15) per diluted share"},{"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"}