secwatch.observer — SEC 8-K summary
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Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2025-04-10T23:59:59+00:00
Accession:  0001628280-25-017238
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac Q4 net income up 14% YoY to $35.3M; FY net sales down 2.8% to $680.6M
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- Q4 net sales $241.5M (-3.6% vs. prior year's 14-week Q4); gross margin 60.4% (+70 bps).
- Q4 net income $35.3M (+14.1% YoY); diluted EPS $2.13 (+13.9%).
- FY 2025 net sales $680.6M (-2.8%); net income $11.6M (-51.6%); diluted EPS $0.69.
- FY 2025 adjusted EBITDA $47.8M (-11.5%) vs. $54.0M in FY2024.
- CEO cites strong Q4 execution, new product launches, and supply chain improvements; cautious on FY2026 macro.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000162828025017238/0001628280-25-017238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000162828025017238/love-20250410.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-017238

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