---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-015695"
form_type: "8-K"
ticker: "LOVE"
cik: "0001701758"
company_name: "Lovesac Co"
filed_at: "2024-04-11T23:59:59+00:00"
generated_at: "2026-06-04T00:05:38.946163+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lovesac Q4 net sales +5% to $250.5M; FY sales $700.3M (+7.5%); net income up 18% in Q4, down 10% for FY

## Summary
- Q4 net sales $250.5M (+5.0% YoY); net income $31.0M (+18.1%), diluted EPS $1.87.
- Fiscal 2024 net sales $700.3M (+7.5%); net income $23.9M (-9.9%), diluted EPS $1.45.
- Gross margin expanded 360 bps to 59.7% in Q4; 450 bps to 57.3% for full year.
- Adjusted EBITDA Q4 $48.4M (+3.6%); FY $54.0M (-7.4%). Operating cash flow $76.4M.
- Fiscal 2024 included a 53rd week; comparisons are to 52-week prior year.

## SEC filing metadata
- accession: 0001628280-24-015695
- form_type: 8-K
- ticker: LOVE
- cik: 0001701758
- company_name: Lovesac Co
- filed_at: 2024-04-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701758/000162828024015695/0001628280-24-015695-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701758/000162828024015695/love-20240411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-015695
- JSON: https://secwatch.observer/filing/0001628280-24-015695.json
- Plain text: https://secwatch.observer/filing/0001628280-24-015695.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.